Rosenthal & Rosenthal Closes $7MM in Factoring and PO Financing Facilities
Rosenthal & Rosenthal completed two recourse factoring transactions totaling $5 million along with an additional $2 million purchase order financing facility.
Rosenthal & Rosenthal completed two recourse factoring transactions totaling $5 million along with an additional $2 million purchase order financing facility.
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.