Second Avenue Capital Partners

Second Avenue Capital Partners, founded in 2018 and headquartered in Needham, Massachusetts, specializes in providing asset-based loans for the retail and consumer products sectors. As a Schottenstein Affiliate established by SB360 Holdings, the firm focuses on serving middle-market companies by offering a range of tailored capital solutions. These include debt financing, bridge loans, revolving credit lines, and secured debt, aimed at supporting businesses in recapitalization, growth, and buyouts. With a team that combines the expertise of retail operators, product merchants, and financial lenders, Second Avenue Capital Partners is positioned to meet the diverse financing needs of its clients in the retail space.

MICHAEL D. SULLIVAN

Managing Director

Past deals in Fashion

Bouclair

Debt Financing in 2025
Bouclair is a retailer of home fashion and decor products.

True Religion Apparel

Debt Financing in 2025
True Religion Apparel, founded in 2002 by Jeffrey Lubell and headquartered in California, specializes in premium denim and casual sportswear for men, women, and children. The brand aims to redefine denim by focusing on superior fit, quality, and style. True Religion is recognized for its modern and distinctive designs that emphasize exceptional fit and attention to detail, making it a pioneer in the premium denim market. The company is committed to creating durable and fashionable products, which has established it as a significant innovator in lifestyle branding. True Religion has successfully positioned itself as a global leader in the denim industry, influencing and shaping denim culture through its craft and vision.

Gabe’s

Debt Financing in 2024
Gabe’s, founded in 1961, is a privately-held, extreme value off-price retailer headquartered in Morgantown, West Virginia. The company operates 61 Gabe’s stores across 11 states, as well as 45 stores operating as Rugged Wearhouse. The company sells designer brands and fashions for up to 70% off department and specialty store prices. Their stores carry designer brand name ladies, juniors, lingerie, men’s and children’s apparel, along with footwear, accessories, handbags, bath and beauty products, home décor, soft home, and housewares.

Brixton

Debt Financing in 2024
Brixton, LLC is a retail and manufacturing company specializing in streetwear apparel and accessories for men and women. Founded in 2004 and headquartered in Oceanside, California, Brixton offers a diverse range of products, including jackets, tops, tees, bottoms, jumpsuits, swimsuits, and denim, alongside a variety of accessories such as hats, caps, snapbacks, and fedoras. The company distributes its offerings through a network of stockists globally, as well as through its online platform.

True Religion Apparel

Debt Financing in 2023
True Religion Apparel, founded in 2002 by Jeffrey Lubell and headquartered in California, specializes in premium denim and casual sportswear for men, women, and children. The brand aims to redefine denim by focusing on superior fit, quality, and style. True Religion is recognized for its modern and distinctive designs that emphasize exceptional fit and attention to detail, making it a pioneer in the premium denim market. The company is committed to creating durable and fashionable products, which has established it as a significant innovator in lifestyle branding. True Religion has successfully positioned itself as a global leader in the denim industry, influencing and shaping denim culture through its craft and vision.

ThirdLove

Debt Financing in 2023
ThirdLove, Inc. is a women's lifestyle brand specializing in the design, manufacture, and sale of undergarments and nightwear. Founded in 2012 and based in San Francisco, California, the company offers a wide range of products, including various styles of bras such as T-shirt, strapless, wireless, plunge, racerback, nursing, and maternity bras. ThirdLove distinguishes itself by utilizing technology and real women's measurements to create proprietary ½-cup sizes, ensuring a better fit for women of all shapes. The company operates through an online platform as well as physical retail locations, aiming to provide every woman with the perfect fit and a comfortable wearing experience.
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