Rosenthal & Rosenthal completed a $5 million revolving line of credit to an industrial maintenance and repair company and a $1.5 million asset-based loan facility for a distributor of electrical cable.
Rosenthal & Rosenthal completed a $750,000 purchase order finance facility for an automotive client and a $10 million collection factoring agreement for a mattress company. Both clients will be serviced by Rosenthal’s southeast office in Atlanta.
Rosenthal & Rosenthal completed a $1 million work in process production finance deal for a food and beverage packaging manufacturer.
Rosenthal & Rosenthal completed a $1.8 million purchase order finance commitment to support the production financing requirements of a family owned and operated outerwear company based in Massachusetts.
Rosenthal & Rosenthal completed a $1 million inventory production finance deal for a well-known designer and importer of women’s footwear.
Rosenthal & Rosenthal appointed Leigh Lones as senior vice president, Southeast Regional sales manager, and Al Foster as vice president, business development officer.
Rosenthal & Rosenthal completed a combined $5 million inventory production and asset-based lending deal for a private equity-owned manufacturer of specialized LED lighting systems.
Independent factoring and ABL financing firm Rosenthal & Rosenthal appointed Phillip Daks as a vice president/account executive in the firm’s West Coast office.
Rosenthal & Rosenthal completed a $2 million purchase order finance facility to support the production financing requirements of a California-based cosmetic and beauty products company.