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, founded in 2002 by Jeffrey Lubell and headquartered in California, aims to redefine premium denim through a focus on fit, quality, and style. The brand has established itself as a pioneer in the premium denim market, known for its modern and distinctive designs that emphasize exceptional fit and styling details. True Religion offers a range of products, including denim jeans, jackets, shorts, and other clothing for men, women, and children. The company's commitment to producing high-quality, durable apparel has enabled it to become an innovator in lifestyle branding and a global leader in premium denim and casual sportswear.

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.

Dover Saddlery

Debt Financing in 2024
Dover Saddlery is an established online retailer based in Massachusetts, specializing in English equestrian products for horse riders across the United States. Founded in 1975, the company provides a comprehensive range of items, including riding apparel such as breeches, helmets, gloves, and outerwear, as well as a variety of riding boots and stable supplies. In addition to apparel, Dover Saddlery offers horse tack, including saddles, bits, and bridles, along with care products like grooming tools, supplements, and fly control solutions. The company serves riders of all levels and disciplines through its catalogs, e-commerce platform, and retail stores, ensuring a competitively priced selection of quality equestrian goods.

Brixton

Debt Financing in 2024
Brixton, LLC is a manufacturer and online retailer of streetwear apparel and accessories for both men and women. Founded in 2004 and based in Oceanside, California, the company offers a diverse range of products, including jackets, tops, tees, bottoms, jumpsuits, and swimsuits, alongside accessories such as hats, caps, snapbacks, and fedoras. Brixton distributes its products through stockists worldwide and maintains a robust online presence, catering to a global audience with its unique blend of style and functionality.

True Religion Apparel

Debt Financing in 2023
True Religion, founded in 2002 by Jeffrey Lubell and headquartered in California, aims to redefine premium denim through a focus on fit, quality, and style. The brand has established itself as a pioneer in the premium denim market, known for its modern and distinctive designs that emphasize exceptional fit and styling details. True Religion offers a range of products, including denim jeans, jackets, shorts, and other clothing for men, women, and children. The company's commitment to producing high-quality, durable apparel has enabled it to become an innovator in lifestyle branding and a global leader in premium denim and casual sportswear.

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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