Second Avenue Capital Partners closed a $17,500,000 senior secured credit facility for Alex and Ani, LLC, creators of the iconic charm bracelet and affordable meaning-based jewelry. The new credit facility will support ongoing working capital needs...
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August 24, 2022, 08:00 AM
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Second Avenue Capital Partners provided a senior secured credit facility to MARIA TASH, a fine jewelry and luxury piercing brand founded by designer Maria Tashjian. The credit facility will be used to support increased working capital and fund...
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May 03, 2022, 07:55 AM
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SB360 Capital Partners announced that Leonard R. Polivy has joined the company as Executive Vice President of Luxury, Diamond and Jewelry. Polivy brings over 30 years of hands-on experience in the diamond and jewelry industry and will lead the...
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January 27, 2021, 05:00 AM
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Citizens announced today that it has provided a new $30 million asset-based revolving line of credit to Cranston, R.I. based Ross-Simons, a leader in direct-to-consumer sales, specializing in offering unique and proprietary fine jewelry designs...
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December 23, 2020, 09:00 AM
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Canadian jewelry giant Birks Group Inc.announced the signing of a CAD$85 million (US$67.1 million) senior secured revolving credit facility with Wells Fargo Canada Corporation on October 23, 2017. The new credit facility, which matures in October...
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October 27, 2017, 07:00 AM
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Citizens Bank announced that Citizens Commercial Banking has provided a new $35 million credit facility to Cranston, R.I.-based Luxury Brand Holdings, Inc., a specialty retailer of fine jewelry which operates under the “Ross-Simons” and “Sidney...
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August 03, 2017, 07:06 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $25 million asset-based facility to refinance the existing debt facility and provide working capital for Betteridge Jewelers, Inc. Founded in...
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July 26, 2017, 07:31 AM
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Excelsior Capital Ventures (ECV) LLC, announced it will be making substantial liquidity available to the mid-stream diamond and jewelry industry. The New York-based firm, founded by industry leader Nehal Modi, said it expects to begin lending...
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August 17, 2016, 07:36 AM
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Monroe Capital LLC today announced the funding of a $27 million senior secured term loan in conjunction with a $40 million revolving line of credit provided by Bank of America Merrill Lynch to support the growth of Alliance Time and Ashford.com....
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January 09, 2014, 07:25 AM
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