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Rosenthal Broadens Its Financing Offerings to Span Both Recourse and Non-Recourse Factoring
February 7, 2023
By Rosenthal & Rosenthal
(NEW YORK) FEBRUARY 7, 2023– Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the launch of a new recourse factoring program designed to meet the unique financing needs of growing service businesses and light manufacturing or assembly businesses. An alternative to bank financing, Rosenthal’s recourse factoring offering is an excellent solution for start-ups, turnarounds and companies that are not yet profitable due to rapid growth.
The addition of recourse factoring to Rosenthal’s expansive roster of financing offerings comes on the heels of the firm’s 2021 launch of its e-commerce growth capital division, Pipeline, that helps companies build up e-commerce inventory and facilitate inventory purchases earlier in the supply chain.
“Our recourse factoring program is the perfect complement to our Pipeline offering, as Rosenthal is now able to offer even more liquidity and fuel additional growth opportunities for businesses, on both the inventory and receivables side,” said Leigh Lones, SVP and Director of Recourse Factoring at Rosenthal. “It’s an ideal solution for growing companies looking for simple, fast and flexible funding.”
Rosenthal will offer higher advances, more flexible credit requirements and straightforward pricing, as well as funding that accelerates the cash cycle when cash payments or outflows do not match invoice terms. With no financial covenants, Rosenthal’s recourse factoring focuses on the quality of the accounts receivable rather than the company’s historical financial performance.
Family-owned and independent throughout its 85-year history, Rosenthal’s extensive expertise and experience financing a wide of array of businesses has allowed the firm to address specific market challenges and also take advantage of opportunities to offer new solutions that meet the needs of its evolving client base.
“This is the right time for Rosenthal to expand our factoring products and add to our already robust arsenal of financing solutions,” said Paul Schuldiner, Rosenthal’s Chief Lending Officer. “Throughout Rosenthal’s storied history, the firm has always found new and creative ways to support our clients, so we are pleased that we can now offer our recourse factoring services to support a new cadre of younger, growing companies.”
For more information about Rosenthal’s recourse factoring offering, please visit www.rosenthalinc.com/recoursefactoring and contact Leigh Lones at 470-773-6511 or LLones@rosenthalinc.com.
ABOUT ROSENTHAL & ROSENTHAL
Rosenthal & Rosenthal (www.rosenthalinc.com) is the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States. Founded in 1938 by Imre J. Rosenthal, the firm is now led by the third generation of the Rosenthal family. As a privately held company, Rosenthal is committed to providing personalized service and flexible lending to clients across a broad range of industries. Rosenthal has offices in New York, California, Georgia and North Carolina.
Casey Klurfeld
646-248-4409 (mobile)