Feride Bennett joined Rosenthal & Rosenthal as vice president and business development officer of its international factoring division. Bennett has more than 25 years of domestic and international factoring experience in senior executive roles.
Rosenthal & Rosenthal completed three transactions, including a $1 million factoring deal for an outdoor apparel company, a $5 million asset based loan for a growing apparel brand and a $1.5 million purchase order financing program for a luxury outdoor home goods company.
Rosenthal & Rosenthal completed a pair of factoring transactions, including a $1.75 million domestic and international non-recourse factoring deal for a leading manufacturer of antimicrobial products and a $1.5 million non-recourse factoring deal for a wholesale premium seafood distributor.
Rosenthal & Rosenthal completed a six-figure trade receivables finance program for a manufacturing company that sells thermal products into the Asia-Pacific region.
Peter Clement joined Rosenthal & Rosenthal as senior vice president and and international factoring business development officer. Clement has more than 15 years of experience across the trade finance, commercial insurance and CPG sectors.
Stenn closed a seven-figure trade receivables finance program for a U.S. importer of wire and cable used in the maritime sector. The firm imports from suppliers in Canada and China.
Stenn concluded a seven-figure trade receivables finance program for a U.S. importer of hands-free hand sanitizing stations from a manufacturer based in Europe.