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
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.
BOSTON, Massachusetts – September 14, 2023 – Second Avenue Capital Partners (SACP), a Schottenstein affiliate, has provided a new $44 Million revolving credit facility for Allstar Marketing Group, a dynamic consumer product development and marketing company. SACP was also the agent for an additional $6 Million term loan to support Allstar’s growth initiatives. With the additional capital, Allstar aims to leverage its core platform to accelerate growth through new market-driven opportunities and pursue strategic acquisitions.
BOSTON, Massachusetts – August 23, 2023 – Second Avenue Capital Partners (SACP), a Schottenstein affiliate, along with TCW Private Credit and Sagard Credit, announced the closing of a new term loan and revolving credit facility for True Religion Apparel, Inc. SACP served in various roles for the transaction including Sole Arranger, Revolver Agent, Sole Revolver Lender and Term Loan Lender. Proceeds from the new credit facility will refinance existing debt, support ongoing working capital needs, and provide liquidity to meet the Company’s long-term growth plans.
Second Avenue Capital Partners Provides $12 Million Revolving Credit Facility to Female-founded, Women’s Lifestyle Brand ThirdLove
BOSTON, Massachusetts – August 17, 2023 – Second Avenue Capital Partners (SACP), a Schottenstein affiliate, has closed on a new $12 Million revolving credit facility to ThirdLove, a female-founded, women’s lifestyle brand that offers elevated essentials including bras, underwear, activewear and more, all designed by women, for women. This strategic financing partnership between SACP and ThirdLove will empower the intimates brand to fuel its growth and further enhance its customer experience.
Second Avenue Capital Partners Completes $45MM in Transactions for Clients Across Multiple Industries
BOSTON, Massachusetts – April 12, 2023 – Second Avenue Capital Partners (SACP), a best-in-class alternative to traditional sources of capital, announced the completion of three recent transactions in the furniture, home furnishings, and beauty sectors. The new financing arrangements include a $10 million credit facility for a growing RTA furniture manufacturer, a $25 million term loan for a national retailer of home goods, and a $10 million credit facility for a beauty brand developer.
SACP recognized in ABF Journal’s inaugural 2022 Deals of the Year issue for $67.5 Million term loan to The Jessica Simpson Collection
The following is an excerpt from the ABF Journal Q4 2022 Deals of the Year issue, Vol 20, No 4
Second Avenue Capital Partners makes a habit of working with strong brands in the consumer retail space, including UNTUCKit and Sur La Table. So, when The Jessica Simpson Collection, the $1 billion lifestyle brand inspired by and designed in collaboration with Jessica Simpson, was in need of financing after Simpson and her mother and business partner, Tina Simpson, reacquired the entirety of the brand from Sequential Brands, SACP was an ideal lender.
“[The deal] complemented a lot of what’s already in our portfolio and it helps us continue to build that out,” Michael Sullivan, managing director of SACP, says. “I think the strength of this brand is really attractive; it’s something that’s on a great growth trajectory.”
In May, SACP, which is the lending arm of Schottenstein affiliate SB360 Capital Partners, closed a $67.5 million term loan for The Jessica Simpson Collection. The facility was structured as an intellectually property-driven term loan, with SACP configuring the deal around the company’s needs rather than driving for a specific predetermined outcome.
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