Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, completed $20 million in transactions from its ABL, equipment finance and recourse factoring divisions:
- A New York-based manufacturer of ready-to-eat meals was seeking a more flexible alternative financing solution to an existing, more restrictive line from a traditional bank. RCG stepped in to provide a $12 million asset-based line of credit to support the company’s continued growth plan.
- A Washington-based supplier of aviation parts required financing to support the purchase of various new testing equipment critical to the business. RCG provided a $7 million equipment financing facility to support the purchase and ensure that the business was able to address its growing demand for certain parts that must meet precise specifications.
- A Delaware-based global distributor of women’s apparel was seeking additional financing to support the business expansion. RCG structured a $1 million recourse factoring line for the company which enabled the client to introduce a well-known European brand to the U.S. market.
“These three very different transactions showcase the breadth and depth of RCG’s offerings as well as our expertise in providing precisely the type of financing solutions our clients are looking for to address their specific needs,” Anthony Vassallo, senior vice president and business development officer at RCG, said.
