HEADLINES

SECOND AVENUE CAPITAL PARTNERS PROVIDES A $30 MILLION SENIOR SECURED TERM LOAN TO UNTUCKit

BOSTON, Massachusetts – May 06, 2021 – Second Avenue Capital Partners, LLC (“SACP”) announced it has closed on a $30,000,000 senior secured term loan to UNTUCKit, one of the fastest-growing retail apparel brands in North America. The term loan will be used to restructure existing debt and provide the Company with the financial latitude to continue their pre-pandemic growth trajectory.

SECOND AVENUE CAPITAL PARTNERS CLOSES ON A SENIOR SECURED CREDIT FACILITY TO COS BAR

BOSTON, Massachusetts – March 18, 2021 – Second Avenue Capital Partners, LLC (“SACP”) (www.secondavecp.com) announced it has closed on a senior secured credit facility to Cos Bar, a leading luxury specialty cosmetics retailer. The credit facility will be used to support new growth opportunities and provide additional working capital.

SECOND AVENUE CAPITAL PARTNERS PROVIDES A $6.5 MILLION DIP FACILITY TO SOLSTICE SUNGLASSES

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.

WWD: A PARED DOWN FRANCESCA’S RESETS FOR THE FUTURE

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

BOSTON, Massachusetts – February 2, 2021 – Second Avenue Capital Partners 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 completed the sale of substantially all of francesca’s assets to SB360 Capital Partners and Tiger Capital Group.

INDUSTRY VETERAN ERIC LUUKKO JOINS SECOND AVENUE CAPITAL PARTNERS AS MANAGING DIRECTOR

BOSTON, Massachusetts – October 6, 2020 – Second Avenue Capital Partners (“SACP”), a lender specializing in asset-based loans for the broader retail and consumer products industry, is pleased to announce Eric Luukko has joined the firm as a Managing Director. Based in the Boston office, Eric’s portfolio will be wide-ranging and include detailed due diligence, collateral oversight, and loan operations for SACP.

Second Avenue Capital Partners is Co-Agent for $16 Million Facility to Marolina Outdoor

BOSTON, Massachusetts and SAN FRANCISCO – August 13, 2019 – Second Avenue Capital Partners, LLC (“SACP”) (www.secondavecp.com), and White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, have closed on a $16,000,000 asset-backed revolving credit facility for Marolina Outdoor, Inc., a Charleston, SC based apparel company.

Second Avenue Capital Partners Closes Credit Facility with Tommie Copper

BOSTON, Massachusetts – May 16, 2018 – Second Avenue Capital Partners, LLC, (SACP) announced it has provided a senior secured credit facility to Tommie Copper, the innovative authority in creating premium patented copper compression products. The credit facility will be used to fund working capital and additional growth opportunities.

Second Avenue Capital Partners Announces Innovative Lending Platform

BOSTON, Massachusetts – April 16, 2018 – Second Avenue Capital Partners, LLC, announces its formation as a new lending platform specializing in asset-based loans for the broader retail and consumer product industry. Established by SB360 Holdings, Second Avenue is a Schottenstein Affiliate. As such, Second Avenue joins a portfolio consisting of the finest retail and consumer businesses in the United States.

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