The COVID-19 outbreak has impacted families, communities, and businesses around the globe. While we recognize the coming days and months won’t be easy, Second Avenue Capital Partners is well-positioned and committed to helping retail and consumer businesses ease their mounting capital and liquidity needs.
An innovative product line designed to help businesses look forward.
Our model for asset based lending follows a passion for helping companies overcome challenges. We are client-centric with a non-traditional approach to lending.
Second Avenue Capital Partners 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 will face as they embark on the long recovery ahead. We leverage the experience of retail operators and product merchants to provide an array of customized, capital solutions for businesses.
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 – March 4, 2021 – Second Avenue Capital Partners, LLC (“SACP”) (www.secondavecp.com) has provided $6.5 million in debtor-in-possession (“DIP”) financing to Solstice Sunglasses, the second-largest sunglass retailer in the United States. The DIP facility delivers supportive capital to Solstice as the retailer commences a restructuring.
By David Moin, as published in WWD February 16, 2021
There’s a rapidly evolving agenda at Francesca’s, now fresh out of bankruptcy with new owners.
To widen the customer base, a tween collection, called franki by francesca’s , rolled out to 100 Francesca’s stores the first week of February after debuting on francescas.com last December.
SECOND AVENUE CAPITAL PARTNERS AND TIGER FINANCE PROVIDE $25MM ABL IN SUPPORT OF FRANCESCA’S FOLLOWING ASSET SALE
BOSTON, Massachusetts – February 2, 2021 – Second Avenue Capital Partners, SB360 Capital Partners, Tiger Capital Group, and Tiger Finance provided a $25 million asset-based revolving credit facility to francesca’s in the company’s recent asset sale. Francesca’s Holdings Corporation and Francesca’s Acquisition, an affiliate of TerraMar Capital, also completed the sale of substantially all of francesca’s assets to SB360 Capital Partners and Tiger Capital Group.
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