Rosenthal & Rosenthal completed two recent asset-based lending transactions totaling $8 million, including a $5 million facility against receivables and inventory for a Florida-based paper converter and manufacturer of bathroom tissue and paper towels.
Rosenthal & Rosenthal completed several factoring and asset-based lending deals for various food and beverage companies.
Rosenthal & Rosenthal completed a joint $1.2 million revolving asset-based lending facility to support Partner Foods Group, a domestic specialty foods importer and distributor.
Rosenthal & Rosenthal completed a $5 million revolving line of credit to an industrial maintenance and repair company and a $1.5 million asset-based loan facility for a distributor of electrical cable.
Rosenthal & Rosenthal, a private commercial finance company specializing in factoring and asset based lending, hired Robert Schnitzer as senior vice president.
Robert Schnitzer joined North Mill Capital as senior vice president and business development officer. Previously, Schnitzer worked in the ABL divisions at Sterling National Bank, Fleet/Summit Bank and Gibraltar.