FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Second Avenue Capital Partners Agents $50MM Credit Facility for Allstar Marketing Group

September 14, 2023, 08:05 AM
Filed Under: Marketing

Second Avenue Capital Partners (SACP), a Schottenstein affiliate, provided a new $44 million revolving credit facility for Allstar Marketing Group, a dynamic consumer product development and marketing company. SACP was also the agent for an additional $6 Million term loan to support Allstar’s growth initiatives.

The financing agreements reflect the confidence in Allstar Marketing Group’s growth potential and the strong partnership between the company and its lenders. With the additional capital, Allstar aims to leverage its core platform to accelerate growth through new market-driven opportunities and pursue strategic acquisitions.

“We are grateful for the trust and support shown by Second Avenue Capital Partners,” commented Scott Boilen, Founder and CEO of Allstar Marketing Group. “This financing marks a significant step forward for our company, allowing us to further our product research and development, strengthen our market position, and continue delivering innovative products that enhance consumers’ lives.”

As part of its commitment to fostering entrepreneurial success, SACP specializes in providing tailored financing solutions to support businesses in various industries. The $50 Million credit facility offers Allstar Marketing Group increased financial flexibility and liquidity, empowering the company to capitalize on emerging market opportunities and drive its long-term strategic vision.

“We are delighted to partner with Allstar Marketing Group in this significant financing endeavor,” said Mark Gallivan, Managing Director of Second Avenue Capital Partners. “Their dedication to developing groundbreaking consumer products aligns perfectly with our vision for empowering companies to thrive in competitive markets. We are excited to see the transformative impact of this partnership.”

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.