Second Avenue Capital Partners and Crystal Financial closed a $40 million senior credit facility for JackRabbit, a retailer of athletic footwear, apparel, and accessories owned by affiliates of CriticalPoint Capital.
Second Avenue Capital Partners provided a $12.5 million senior secured credit facility to Carlisle Etcetera, a direct-to-consumer women’s luxury apparel brand.
Second Avenue Capital Partners and White Oak Commercial Finance have closed on a $16 million asset-backed revolving credit facility for Marolina Outdoor, a Charleston, SC based apparel company.
Second Avenue Capital Partners and White Oak Commercial Finance closed a $35 million asset-backed revolving credit facility for Charming Charlie, a Houston-based women’s specialty retailer.
Second Avenue Capital Partners closed a $20 million asset based credit facility for Fallas Stores, a new entity formed in the wake of National Stores’ bankruptcy.
Second Avenue Capital Partners provided a $12 million revolving line of credit to A’GACI to be used as exit financing as the company emerges from Chapter 11.
Second Avenue Capital Partners provided a senior secured credit facility to Tommie Copper. The credit facility will be used to fund working capital and additional growth opportunities.
SB360 launched Second Avenue Capital Partners as a lending platform specializing in asset-based loans for the broader retail and consumer product industry.