eMagin, manufacturer of Active Matrix OLED microdisplays for high resolution imaging products, entered into a $5 million revolving credit working capital facility with Rosenthal & Rosenthal.
Rosenthal Trade Capital provided a $4 million production finance facility for a New York-based investor and operator in the consumer products industry.
Rosenthal & Rosenthal has launched Rosenthal Trade Capital to provide alternative inventory financing solutions to cash-constrained companies. The new group will be led by finance veteran Paul D. Schuldiner.
Rosenthal & Rosenthal, a private commercial finance company specializing in factoring and asset based lending, hired Robert Schnitzer as senior vice president.
When Rob Miller took over as the head of the asset based lending group at Rosenthal & Rosenthal at the end of March, it marked a homecoming for the 30-year veteran of the financial services industry. In the months that followed, Miller has assessed the portfolio of the privately-owned company and positioned it for a “limitless future.”
Rosenthal & Rosenthal hired Martin Eckstein as vice president of Business Development. Eckstein is a 35-year veteran who previously served as vice president of the Commercial Services Group at Wells Fargo Capital Finance.
Rosenthal & Rosenthal hired Robert A. Miller as EVP and head of Asset Based Lending. Miller will be responsible for Rosenthal’s Asset Based Lending division.
Brekford announced the completion of a new financing arrangement with Rosenthal & Rosenthal. The credit agreement replaces Brekford’s prior revolving credit agreement with PNC Bank.