---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-076706"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T17:36:49.014774+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings subsidiary refinances with up to $15M revolver; parent provides limited guaranty

## Summary
- New lender Mountain Ridge Capital provides $15M revolving credit facility, maturing Sept 2026, replacing prior $5M facility.
- Initial advance of $4.22M used to pay off existing debt, fees, and working capital.
- Parent 1847 Holdings grants limited guaranty on certain Target Corp inventory, payable in cash or shares at $4.575/share floor.
- Interest rate: Term SOFR + 8% (or Base Rate + 7%); prepayment penalties range 1%-3%.

## SEC filing metadata
- accession: 0001213900-23-076706
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599407/000121390023076706/0001213900-23-076706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390023076706/ea185117-8k_1847hold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-076706
- JSON: https://secwatch.observer/filing/0001213900-23-076706.json
- Plain text: https://secwatch.observer/filing/0001213900-23-076706.txt

## Key facts
- Material Agreements
  1847 Holdings LLC entered into Amended and Restated Credit and Security Agreement with AB Lending SPV I LLC d/b/a Mountain Ridge Capital valued at up to $15,000,000 (effective 2023-09-11).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: AB Lending SPV I LLC d/b/a Mountain Ridge Capital
  - Value: up to $15,000,000
  - Effective: 2023-09-11
  source text: On the same date, the Borrower entered into an Amended and Restated Credit and Security Agreement (the “ Credit and Security Agreement ”) with the New Lender for a revolving loan of up to $15,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390023076706/0001213900-23-076706-index.htm
- Material Agreements
  1847 Holdings LLC entered into Limited Guaranty with AB Lending SPV I LLC d/b/a Mountain Ridge Capital (effective 2023-09-11).
  - Action: entry
  - Counterparty: AB Lending SPV I LLC d/b/a Mountain Ridge Capital
  - Effective: 2023-09-11
  source text: To induce the New Lender to enter into the Credit and Security Agreement, the Company agreed to provide a limited guaranty to the New Lender (the “ Limited Guaranty ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390023076706/0001213900-23-076706-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
