Rosenthal & Rosenthal, an independent factoring, asset-based lending and purchase order financing firm in the United States, completed a $2 million purchase order finance facility for a California-based toy company.
After nearly 10 years with Rosenthal & Rosenthal’s New York office, Heather Fidura will now be based in Tampa, FL, as a business development officer, sourcing new business for the firm across all products, including asset-based lending, factoring and purchase order financing.
Rosenthal & Rosenthal completed a $1.5 million purchase order finance facility to support the production financing requirements of a Wisconsin-based apparel company that imports licensed casual wear.
Rosenthal & Rosenthal completed two separate multi-million dollar factoring deals with California-based apparel companies.
Rosenthal & Rosenthal completed several non-recourse factoring deals with furniture companies in Texas and North Carolina.
Rosenthal & Rosenthal completed a multi-million dollar factoring deal with a California-based cosmetics business that shifted its production to aid in the fight against COVID-19.
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.