Tiger Finance’s lending platform committed more than a quarter of a billion dollars in Fiscal 2024 to support the growth initiatives and working capital needs of borrowers from across the U.S. economy.Loan volume grew throughout fiscal 2024 and reached a record $277 million of new commitments. Tiger Finance tapped its relationships with large money center banks, independent private finance companies and financial intermediaries to serve more […]
Retail and ecommerce companies tap $125 million in strategic and growth capital as Tiger Finance platform continues to grow
Tiger Finance’s lending platform committed $125 million of capital in the third quarter to support clients’ strategic growth initiatives across various business sectors. Significant deals in Q3, which ended September 30, included providing capital to a growing Amazon aggregator, supporting the strategic recapitalization of a large department store chain, and providing […]
Wholesaler and Retailers focused on e-commerce, furniture and apparel turn to Tiger to meet working capital needs
Tiger Finance’s lending platform continued to grow in the second quarter ended June 30, providing $90 million in financing to retail and other borrowers across North America.
Significant second-quarter deals included providing $15 million to an outdoor-lifestyle retailer/ wholesaler, $21 million to a wholesale/ecommerce furniture manufacturer and an additional $7.5 million, […]
Jason P. Shanahan, a 24-year veteran of the asset-based lending and consumer finance industries, joined Tiger Finance as a managing director.
From his base in Tiger’s Boston office, Shanahan will focus on identifying both secured debt financing and equity capital opportunities, as well as utilize his experience to further strengthen the Tiger Finance operating platform. He will report to Bob DeAngelis, executive managing director of Tiger Finance.
For the past five years, […]
Challenged specialty and apparel retailers top borrower list during busy first quarter
NEW YORK, April 2, 2024 — Tiger Finance’s lending platform continued to grow in the first quarter ended March 31, providing $102 million in financing to retail and other borrowers across North America.
“Women’s specialty apparel retailers, in particular, continue to be challenged and face pullback from national banks, which generally have a lower appetite for credit risk in the […]
ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’
By: Bill Mayer
In what might be thought of as “the growth of shrink,” American retailers are pointing to shoplifting, organized retail crime and employee theft as significant drags on their profitability. The big-box discounter Target, for one, said its profits could take a $500 million hit from shrink this year alone. Notably, in a recent CNBC appearance, […]
Tiger Finance, Merchant Financial Group Provide $38MM in Growth Capital to Apparel Brand Arctix
Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand.
As the primary lender to Alpha 6, Merchant Financial Group tapped Tiger Finance to provide an additional $15.2 million in growth capital for the manufacturer, based in Locust Valley, NY. […]
White Oak, Tiger Finance Provide $90MM Asset-Based Loan to Support TerraMar Capital’s Acquisition of U.S. Metals Distributor
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, LLC, provided a $80 million revolver to a Midwest-based distributor and value-added service provider of specialty metal products with operations throughout the United States. Additionally, Tiger Finance, LLC, a subsidiary of Tiger Capital Group, LLC, provided a $10 million […]
Tiger Finance Provides $20 Million Credit Facility to Pilot Wave E-Commerce
Strategic financing fuels growth of Pilot Wave E-Commerce Holdings—the latest Tiger borrower leveraging the Amazon platform
NEW YORK – November 29, 2022 –Tiger Finance, LLC and Pilot Wave E-Commerce Holdings, LLC (PWE) have closed on a flexible, $20 million credit facility — providing working capital to support PWE’s data-driven approach to acquiring, operating, and scaling ecommerce […]
Second Avenue Capital Partners and Tiger Finance Provide $80MM Credit Facility for Casper Sleep
Second Avenue Capital Partners (SACP) and Tiger Finance (Tiger) closed an $80 million credit facility for Casper Sleep, Inc. (Casper), the omnichannel retailer of innovative sleep products including mattresses, pillows and other sleep accessories. The new financing will be used to retire an existing credit facility and support the ongoing working capital needs of the business.
Launched in […]
