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retail

Second Avenue provides IT’SUGAR US$8m senior secured working-capital revolver

Second Avenue Capital Partners has provided specialty confectionery retailer IT'SUGAR with an US$8m senior secured revolving credit facility, adding working-capital liquidity as the business expands beyond its store and e-commerce network into wholesale distribution. The facility was announced on 6...

#asset based lending#Inventory finance#IT'SUGAR

GACC joins US$600m ABL as retail-media borrower exits restructuring

Great American Capital Corporation (GACC) has participated in a new US$600m asset-based lending facility for an unnamed multi-channel retail and…

#asset based lending#GA Group#GACC

Harvey Nichols says cash could run out within a...

Harvey Nichols has warned that it could run out of money within the next year without fresh investment, raising the…

#credit risk#Frasers Group#going concern

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