SG Credit Partners Provides an Asset-Based Credit Facility to Classic Concepts
January 21, 2026
Source: SG Credit Partners
(Santa Monica – January 21, 2026) SG Credit Partners, through its Commercial Finance division, has 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.
About Classic Concepts
Classic Concepts was founded with a singular vision: to transform spaces through authentically crafted home furnishings made with integrity and honest materials. It all began over 30 years ago when founder Harpal Singh introduced handwoven kilim rugs, recognizing their ability to bring quality and authenticity to the forefront of interior design.
About SG Commercial Finance
SG Commercial Finance, a division of SG Credit Partners (“SGCP”), is a national private credit manager providing capital to lower middle market businesses and entrepreneurs requiring tailored credit solutions. SGCP has established a broad credit platform consisting of three verticals: Commercial Finance, Consumer Products and Software + Technology.
Headquartered in Southern California with offices throughout the country, the firm has provided in excess of $1 billion to lower middle market entrepreneurs across a variety of industries. For more information, please visit www.sgcreditpartners.com
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.
About Classic Concepts
Classic Concepts was founded with a singular vision: to transform spaces through authentically crafted home furnishings made with integrity and honest materials. It all began over 30 years ago when founder Harpal Singh introduced handwoven kilim rugs, recognizing their ability to bring quality and authenticity to the forefront of interior design.
About SG Commercial Finance
SG Commercial Finance, a division of SG Credit Partners (“SGCP”), is a national private credit manager providing capital to lower middle market businesses and entrepreneurs requiring tailored credit solutions. SGCP has established a broad credit platform consisting of three verticals: Commercial Finance, Consumer Products and Software + Technology.
Headquartered in Southern California with offices throughout the country, the firm has provided in excess of $1 billion to lower middle market entrepreneurs across a variety of industries. For more information, please visit www.sgcreditpartners.com
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