Rosenthal & Rosenthal completed several factoring and asset-based lending deals for various food and beverage companies.
Rosenthal & Rosenthal completed a $25 million recourse factoring deal for a private equity-owned pharmaceutical and healthcare products company. This factoring opportunity was referred to Rosenthal by one of the company’s long-time bank partners.
Rosenthal & Rosenthal completed a combined deal for a specialty foods company that includes a $3.5 million recourse factoring facility and a $2 million purchase order line. Rosenthal also named Brian Gagel recourse factoring portfolio manager based in its Atlanta office.
Rosenthal & Rosenthal launched a new recourse factoring program designed to meet the unique financing needs of growing service businesses and light manufacturing and assembly businesses.
Gene Walsh joined Rosenthal & Rosenthal as senior vice president and business development officer in the firm’s Atlanta office. Walsh has more than 40 years of experience in the asset-based lending space.
Rosenthal & Rosenthal provided a $2 million factoring facility and $1.2 million in purchase order financing to an outdoor and sporting apparel company.
Rosenthal & Rosenthal completed a $5 million joint factoring, inventory funding and purchase order financing facility to support the growth capital needs of a Georgia-based manufacturer and distributor of office furniture and products.
Rosenthal & Rosenthal completed a joint $2 million factoring and $750,000 inventory production finance deal for a Georgia-based importer and distributor of recreational sporting products.
Rosenthal & Rosenthal completed five transactions last month for several of its clients across the Southeast. The transactions included three factoring deals, one asset-based lending deal and one purchase order financing transaction.
Rosenthal & Rosenthal appointed Dan Rogers vice president and senior underwriter in the company’s Atlanta office. Rogers most recently served as vice president and senior underwriter at AloStar Capital Finance, which is now known as Cadence Business Finance.