Burnley Capital closed a $5.5 million asset-based revolving credit facility to Atlanta-based Mashburn clothiers, to support the company’s growth and operations.
Sid Mashburn & Ann Mashburn blend sophisticated design into a wide range of products from suits to shoes, dresses to denim. The company offers its own designed-and-produced clothing, along with a highly curated selection of outside brands and accessories.
“We are pleased to provide this financing for a company that stands for such high quality and excellence. Sid & Ann Mashburn have created a premiere brand in the Men’s and Women’s apparel industry, with best-in-class retail experiences in Atlanta, Dallas, Houston, Georgetown, and Los Angeles, as well as their online presence. Burnley Capital provided the company with additional liquidity to support future growth, and we look forward to seeing what the future holds,” said Daniel O’Rourke, co-founder and CEO at Burnley Capital.
“The Burnley team is an excellent fit for our Company — they have the necessary experience to assist growing brands like ours, and they really took the time to understand our business and its needs. We look forward to a long and productive relationship,” said Sid Mashburn.
Burnley Capital is a Boston- and Minneapolis-based finance company focused on providing senior secured loans to the lower and middle-market companies across various industries including retail, consumer products and C&I.
