SG Credit Partners, through its commercial finance division, partnered with a regional off-price apparel retailer. The senior debt investment refinances an existing bank facility to provide enhanced liquidity and covenant flexibility in support of the company’s growth plan.
“Partnering with family-owned companies is at the core of our mission at SG,” Mark Pickering, managing director and co-head of commercial finance at SG Credit, said. “The company’s multi-decade track record of delivering off-price deals in smaller markets is impressive, and we are thrilled to support their next phase of growth with a flexible financing solution.”
