IT'SUGAR Lands $8M Senior Secured Revolver

IT'SUGAR, the candy retailer known for its colorful stores and novelty sweets assortment, has picked up an $8M senior secured revolving credit facility from Second Avenue Capital Partners (SACP), the company disclosed on October 6, 2026.

The financing is a debt deal, not an equity round, and SACP is the sole named lender. SACP is a Schottenstein affiliate that provides asset-based loans and structured financing solutions — a lending profile that fits the revolving structure of the facility, which gives a retailer access to capital it can draw against and repay as working-capital needs shift.

Revolving credit lines of this size are typically used by consumer and retail businesses to smooth out the seasonal swings that come with running physical stores alongside an e-commerce operation. IT'SUGAR operates in that mold, selling candy and confectionery products to shoppers.

The announcement did not disclose the facility's pricing, maturity, borrowing base terms, or the specific uses to which IT'SUGAR intends to put the proceeds. The company also did not name advisers on the transaction.

For SACP, the deal adds another retail borrower to a portfolio built around asset-based lending and structured credit rather than venture-style equity checks. For IT'SUGAR, the revolver arrives as a financing tool rather than a growth capital injection — a distinction that matters for how the company's balance sheet, rather than its cap table, changes as a result of the deal.

Neither IT'SUGAR nor Second Avenue Capital Partners issued an attributed statement in the announcement, and no company executives were quoted.