Critical ABL Financing

Redefining Solutions for time sensitive financing

Speed and Agility

Securing Critical Financing is a race against time

Merchant Perspective

We recognize and unlock value other lenders overlook

SACP Provides Capital Solutions That Offer Maximum Liquidity and Flexibility

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 (SACP) 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.

Second Avenue Capital Partners Agents a $120,000,000 Revolving Credit Facility to Support IQVentures Acquisition of The Aaron’s Company

BOSTON, Massachusetts – October 15, 2024 – Schottenstein affiliate Second Avenue Capital Partners (SACP) announced it is serving as Administrative Agent on a $120,000,000 Senior Secured Revolving Line of Credit for The Aaron’s Company, Inc., an industry leader in lease-to-own and purchase solutions for furniture, consumer electronics, home appliances, and more. The new asset-based credit facility is a critical component of the broader financing package arranged to support the take-private acquisition of Aaron’s by IQVentures Holdings, LLC.

Second Avenue Capital Partners and Ares Management Provide Gabe’s with New $175,000,000 Credit Facility

BOSTON, Massachusetts – October 2, 2024 – Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, is pleased to announce the closing of a $175,000,000 Senior Secured Revolving Line of Credit for Gabe’s, a leading off-price retailer operating in the mid-Atlantic and Southeast US. The new credit facility, which was provided by SACP and Ares Management Credit funds (“Ares”), will be used to support Gabe’s ongoing growth initiatives, enhance operational flexibility, and strengthen the company’s capital structure.

SACP, SB360, and Ares Commercial Finance Support CSC Generation Enterprise’s Acquisition of Backcountry with a $112MM Credit Facility

BOSTON, Massachusetts – September 18, 2024 – Schottenstein affiliates Second Avenue Capital Partners (SACP) and SB360 Capital Partners (SB360), providers of customized solutions for the retail and consumer product sectors, along with Ares Commercial Finance (Ares), are pleased to announce the closing of a $112,000,000 Senior Secured Revolving Credit Facility and Term Loan for Backcountry, the leading, premium specialty retailer of outdoor gear and apparel.

Second Avenue Capital Partners Announces $15 Million Dover Saddlery Partnership to Support Strategic Growth

BOSTON, Massachusetts – August 6, 2024 – Schottenstein affiliate Second Avenue Capital Partners (SACP) is pleased to announce the closing of a $15,000,000 Senior Secured Revolving Credit Facility for Dover Saddlery, the premier destination for equestrian products and apparel. The new credit facility will support Dover Saddlery’s strategic growth initiatives, strengthen its ability to optimize inventory management, and underwrite improved operational efficiencies.

SACP Recognized in ABF Journal’s 2023 Deals of the Year Issue for the Credit Facility Provided to True Religion Apparel, Inc.

The following is an excerpt from the ABF Journal Q4 2023 Deals of the Year issue, Vol 21, No 4

Serving in multiple roles for the transaction — including sole arranger, revolver agent, sole revolver lender and term loan lender — Second Avenue Capital Partners (SACP) was joined by TCW Private Credit and Sagard Credit in providing a credit facility for True Religion Apparel, Inc. The facility has a revolver agented by SACP and a term loan agented by TCW, with SACP as the first out lender in the term loan and TCW and Sagard as the last out lenders.

“As the sole arranger for the facility, SACP worked with a few close partners who we felt would be a good fit for the deal,” Michael Russell, managing director of SACP, says. “Overall, it was a very smooth process, as there was great alignment between the lenders and the management team.”

“This transaction reflects a genuine partnership between our team and the lending group,” Michael Buckley, CEO of True Religion, says. “SACP was able to structure a creative financing solution to meet our needs and support our business objectives to propel True Religion’s growth.”

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