Rosenthal & Rosenthal, a private commercial finance firm in the United States, completed a $2.5 million combined purchase ordering financing and factoring facility to support an Arizona-based pet food and accessories company.
The woman-founded and owned company had recently landed several large orders with major big box retailers, including Costco and Walmart. Although the company was initially sponsor-backed, the founders were looking for a long-term partner to support the growth of the business. Rosenthal stepped in and provided a combined purchase order financing and factoring transaction totaling $2.5 million. The purchase order financing will be funding cash against documents to domestic co-packers in the United States as well as packaging vendors for the large retail programs.
“Clients often seek out Rosenthal because we’re able to offer a one-stop solution for their unique financing needs,” Megan Slovak, senior vice president and underwriting manager for purchase order financing at Rosenthal, said. “Being able to unlock much-needed liquidity through purchase order financing and factoring together in a single transaction can make all the difference for clients looking to take their business to the next level.”
“Rosenthal understands the unique challenges that rapidly growing CPG brands face in today’s competitive market,” Ying Yang, senior vice president and director of business development at Rosenthal, said. “We’re excited to have collaborated with the founder to tailor a creative non-dilutive solution for sustainable and long-term growth.”
