Burnley Capital Provides $2.75MM Revolver to Patrick James

Burnley Capital, LLC announced the closing of a $2.75 million asset based revolving credit facility to Patrick James to support the Company’s growth and operations.  

Patrick James is a California based multi-channel retailer of men’s lifestyle apparel.  Founded in 1962, the Company offers sportswear, tailored clothing, denim, dress shirts, neckwear, shoes, accessories and various other lifestyle products.  The Company currently operates nine brick and mortar retail stores, and a national catalog/online business.  Patrick James prides itself as a family business providing customers with outstanding professional service both in the store and the comfort of their own home.

Daniel O'Rourke, CEO at Burnley Capital, said, “We are pleased to provide this financing for a company that has created a legacy of professional experience and dedication to their customers.  Patrick James combines a retail store network together with their catalog and on-line presence for a seamless experience.  Burnley Capital provided the Company with additional liquidity to support future growth, and we are very excited about being a part of their future.”

Patrick Mon Pere, CEO of Patrick James said, ““Patrick James is excited to work with Dan O’Rourke and the team at Burnley Capital. Their expertise and knowledge in our space will be integral to the future growth and stability of our brand. We were impressed with their flexibility and willingness to go the extra mile in understanding our needs and we’re looking forward to working closely with Burnley for many years to come.”

About Burnley Capital: Burnley Capital is a Boston- and Minneapolis-based finance company focused on providing senior secured loans to the lower and middle-market companies across various industries including retail, consumer products and C&I. The leadership team has extensive experience in both non-bank finance companies and regulated banks. For more information, visit www.burnleycap.com or contact Daniel O’Rourke at dorourke@burnleycap.com