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.
Rosenthal & Rosenthal completed several non-recourse factoring deals with furniture companies in Texas and North Carolina.
Rosenthal & Rosenthal appointed Leigh Lones as senior vice president, Southeast Regional sales manager, and Al Foster as vice president, business development officer.