Rosenthal Closes Two Factoring Transaction Totaling $6.5 Million and $25 Million in Factoring Volume

(NEW YORK) JUNE 13, 2024– Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing and inventory financing firm in the United States, today announced the completion of two factoring transactions totaling $6.5 million and $25 million in factoring volume. 

A New Jersey-based home goods and apparel company was looking to establish a new product line that would be sold to major retailers. An existing and long-time client of Rosenthal’s, the company approached Rosenthal for help to finance the new entity. Already familiar with the client’s business and financing needs, Rosenthal was able to work quickly to provide a $2 million factoring facility to fulfill the working capital needs of the company for its new venture. 

“We know this client’s business quite well, so we were able to seamlessly jump in to support their continued growth and provide the working capital they needed to expand their product lines,” said Joel Wolitzer, SVP and Business Development Officer at Rosenthal. 

A decorative wallpaper company based in New Jersey was in need of receivable and inventory financing when they realized that their existing bank relationship was no longer a good fit. After being referred by a bank partner, Rosenthal was able to provide a $4.5 million factoring facility to support the company’s working capital needs and sales opportunities with major retailers. 

“Our flexible factoring solutions offer clients access to critical working capital when they need it most, especially when their existing banking relationships are no longer able or willing to support them the way they had been,” said Michael Cipriani, EVP of Business Development at Rosenthal. 

For more information about Rosenthal and these transactions, please visit www.rosenthalinc.com and contact Joel Wolitzer at JWolitzer@rosenthalinc.com or 212-356-0939 or Michael Cipriani at MCipriani@rosenthalinc.com or 212-356-1499.

ABOUT ROSENTHAL & ROSENTHAL

With over 85+ years of leadership and industry experience, Rosenthal is now led by the third generation of the Rosenthal family. As a privately held company, Rosenthal is committed to providing personalized service, credit protection and flexible lending to small to middle-market clients across a broad range of industries, with loans ranging from $500,000 to $30MM+. With unmatched financial capacity and decades of experience, Rosenthal is best in class for all its clients’ creative financing needs, including factoring (recourse, non-recourse and international), asset-based lending, purchase order financing and inventory financing. Rosenthal’s team of seasoned commercial finance professionals covers the U.S. from coast to coast and nearly everywhere in between, with dedicated offices in New York, California, Georgia, North Carolina, Colorado, and Illinois. Visit the Difference at https://www.rosenthalinc.com.