CRITICAL ABL FINANCING
Redefining Solutions for time sensitive financing
SPEED AND AGILITY
Securing Critical Financing is a race against time
We recognize and unlock value other lenders overlook
We help companies build long-term success
Capital solutions to help companies grow and prosper
Our model for asset based lending follows a passion for helping companies overcome challenges. We take a client-centric, non-traditional approach to lending.
Second Avenue Capital Partners is a Schottenstein affiliate, one of the most respected names in retail and consumer businesses. Our affiliation gives us an intimate understanding of the many challenges businesses face. We leverage the experience of retail operators and product merchants to provide an array of customized capital solutions.
Many companies have turned to Second Avenue Capital Partners as a vital resource for the capital necessary to recover, effectuate strategy, and achieve financial objectives. Our tailored financing solutions provide greater flexibility and liquidity than other capital providers.
BOSTON, Massachusetts – July 19, 2022 – Second Avenue Capital Partners (SACP), a lender specializing in asset-based loans for the broader retail and consumer products industry, announced Michael P. Russell has joined the firm as a Managing Director. Based in the Boston office, Michael’s responsibilities include origination, underwriting, and account/relationship management.
FASHION POWERHOUSE JESSICA SIMPSON PARTNERS WITH SCHOTTENSTEIN BACKED SECOND AVENUE CAPITAL PARTNERS
BOSTON, Massachusetts – May 18, 2022 – Second Avenue Capital Partners (SACP), the lending arm of SB360 Capital Partners (SB360), announced the closing of a $67.5 million term loan for The Jessica Simpson Collection, the $1 BILLION fashion empire and signature lifestyle brand inspired by and designed in collaboration with Jessica Simpson. The new financing will be used to retire an existing credit facility and provide additional liquidity to fund new growth and a rapidly expanding portfolio.
BOSTON, Massachusetts – May 3, 2022 – Second Avenue Capital Partners, LLC (“SACP”) (www.sacp.com) announced today it has provided a senior secured credit facility to MARIA TASH (www.mariatash.com), a fine jewelry and luxury piercing brand founded by designer Maria Tashjian. The credit facility will be used to support increased working capital and fund additional inventory purchases as the company continues to grow and build out new retail locations.
BOSTON, Massachusetts – April 26, 2022 – Second Avenue Capital Partners, LLC (“SACP”) (www.sacp.com) announced it has closed on a $10,000,000 senior secured credit facility (which includes an accordion feature) for myGemma, a modern and professional alternative for consumers wanting to buy or sell high-end luxury goods. The credit facility will be used to support increased working capital and additional inventory purchases as the business continues to rapidly grow.
The retail industry has endured several challenges since the start of the global pandemic. While several big-name retailers have filed for bankruptcy, others once again evolved their businesses to survive and flourish. Retailers have broadly recognized the necessity to adapt their business models to withstand the COVID-19 disruption and plan for a future in the post-pandemic era.
Professionals working closely with retailers must consider what will likely be the sustained impact on the retail community. The scrutiny of a retailer’s business model will focus on new risks and opportunities that have come into play and the reexamination of collateral and exit strategies. It seems the most certain thing in the modern retail era is uncertainty.
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