SG Credit Partners, through its Commercial Finance division, provided an asset-based credit facility to Classic Concepts, Inc, a privately owned wholesaler of home furnishings. The revolving credit facility refinances an existing bank facility to provide enhanced liquidity and covenant flexibility in support of the company’s growth initiatives.  

Classic Concepts is a home furnishings company dedicated to crafting timeless pieces that blend traditional craftsmanship with modern design. Serving the trade for over 30 years, Classic offers a curated collection of furniture, rugs, art, and décor that transforms spaces and inspires connection. 

“Partnering with a longstanding, family-owned companies is core to our mission at SG,” said Charlie Perer, Head of Originations at SG Credit. “Classic Concepts offers a wide array of high-quality home furnishings through the nation’s top retailers. The Company differentiates itself through its commitment to quality, authenticity, and thoughtful design.” 

“We’re excited to partner with SG Credit Partners. This facility provides the liquidity and flexibility to invest ahead of demand - expanding our core collections, developing new lines and taking market share,” says Harpal Singh, Founder and CEO of Classic Concepts.