Sack Lunch Productions (SAKL), a publicly traded entertainment company with operations in event management and film, announced that it has closed a $5 million senior secured credit facility with TCA Global Credit Master Fund, LP (TCA). SAKL plans to successfully integrate its newly acquired operations under Springbok Holdings, LLC, using the TCA financing. Springbok Holdings, LLC operates Color Me Rad™ and The Dirty Dash™, and holds the rights to operate Slide the City™ in 60 cities across the US.

The senior secured credit facility with TCA will allow SAKL to prepare for an outstanding 2016 season. The credit facility will provide the capital necessary to launch a projected 151 corporate events in 2016 amongst all of the company's brands, exclusive of franchise held events, including: Color Me Rad™, Slide the City™, The Lantern Fest™ and The Dirty Dash™.

SAKL's fulfillment and warehouse facilities are prepared for 2016 with over $1 million worth of merchandise and supplies, which were obtained as a result of the initial Springbok acquisition. SAKL made nearly all of the major capital expenditures in 2015 necessary to host nearly all of the projected events in 2016.

SAKL's received an initial draw down of $1.8 million from the TCA Credit Facility; as a result SAKL and its subsidiaries refinanced approximately $750,000 of debt that was predominately used to consummate the Springbok acquisition. In addition, SAKL has allocated funds to complete audited financial statements for filing a registration statement with the Securities and Exchange Commission. SAKL intends to file the registration statement by April 15, 2016.

TCA's Global Credit Master Fund, LP is a short duration, absolute return, niche credit fund specializing in senior secured lending and advisory services to small, mainly listed companies predominately in the U.S., Canada, the United Kingdom, and Australia. This specialist business helps to fill the underserved small-cap lending gap, which exists in these markets.