Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, and FGI Finance, a company in the global commercial finance industry, completed a financing transaction consisting of a $25 million asset-based facility and a $4 million term loan to support a luxury womenswear brand. The transaction was closed by RCG’s CPG+ division, which specializes in providing non-dilutive growth capital solutions for consumer brands.
A former RCG factoring client, the decade-old high-fashion brand transitioned to a bank financing relationship following a significant equity investment several years ago. As the company expanded internationally, its bank became increasingly restrictive with respect to borrowing against foreign receivables and inventory, limiting access to working capital needed to support continued growth. With annual revenues exceeding $160 million, the company viewed international markets as a key strategic priority and sought a financing partner capable of supporting its global expansion plans.
RCG, as agent, and FGI Finance partnered to deliver a comprehensive working capital financing solution supporting the company’s domestic and international expansion. The facility included a $25 million asset-based revolver secured by domestic and foreign receivables and inventory, together with a $4 million term loan secured by the brand’s intellectual property.
“RCG’s deep experience in the fashion industry and our work with high-growth consumer brands positioned us well to support this transaction,” Andrew Barone, senior vice president and head of RCG’s CPG+ division, said. “The fact that this client returned to RCG to secure an alternative financing solution when their bank facility became more limited speaks volumes about our ability to provide flexible, soundly structured solutions that support not only day-to-day operations but also fund future growth opportunities.”
Chris Fulman, senior managing director of FGI Finance, added, “We are pleased to partner with RCG on this transaction and combine our respective expertise to deliver a flexible financing solution tailored to the company’s needs. The transaction reflects the value of collaborative financing solutions in driving growth, and we look forward to helping support the company’s continued success in the years ahead.”
