Rosenthal & Rosenthal, a private commercial finance company specializing in factoring and asset-based lending, has launched Rosenthal Trade Capital to provide alternative inventory financing solutions to cash-constrained companies. The new group will be led by finance veteran Paul D. Schuldiner and will add a suite of new offerings to complement the 78-year-old firm’s factoring and asset based lending business divisions.

Rosenthal Trade Capital will serve importers, exporters, wholesalers, assemblers and light manufacturers that face complex challenges ranging from seasonality and rapid growth to undercapitalization and turnaround situations. Through the new division and product offerings, clients will have access to a broad spectrum of alternative inventory financing solutions, including:

  • Purchase order financing for international and domestic presold inventory purchases
  • Production financing for light manufacturing and assembly businesses
  • Government contract financing

Schuldiner joins Rosenthal as senior vice president of Rosenthal Trade Capital, bringing nearly 20 years of experience in the purchase order and trade finance business. He will be responsible for driving the overall business strategy for Rosenthal Trade Capital. Also joining Schuldiner from Wells Fargo Capital Finance is Jennifer Draffkorn, who will be responsible for portfolio management and underwriting at Rosenthal Trade Capital.

“We are thrilled to launch our newest division, Rosenthal Trade Capital so that we can continue to provide the kinds of services and financing products that fit our clients’ individual, and often complex needs,” said Peter Rosenthal, president of Rosenthal. “Under Paul’s leadership, I’m confident Rosenthal Trade Capital will become another substantial platform for growth for our firm and my family’s legacy.”

As a partner and managing director of Business Development at King Trade Capital, Schuldiner was responsible for providing purchase order and contract finance for small to middle-market companies. He previously held a senior leadership role in the Purchase Order Finance Group of Wells Fargo Capital Finance and was a principal at Transcap Associates for 11 years before Wells Fargo acquired it in 2008.

“It’s a privilege to join the Rosenthal team and I’m looking forward to bringing my industry expertise to help drive growth at a company with such a rich legacy and strong reputation for excellence and quality,” said Schuldiner.