Rosenthal Acquires Factoring Division of Lyon Credit Services, Expanding Capabilities, Reach Across Furniture Sector

(NEW YORK) APRIL 20, 2023– Rosenthal & Rosenthal Southeast, a wholly-owned subsidiary of 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 it has acquired Lyon Capital Corporation, the factoring division of Lyon Credit Services, the premier credit reporting agency in the home furnishings industry since 1876.

Since the firm’s $2 billion acquisition of BB&T’s factoring portfolio in 2018, Rosenthal has continued to expand its factoring services and has cemented its position as a trusted financial partner for countless businesses in the furniture and home décor space.

“Lyon Credit Services has been a major figure in the furniture industry for over 147 years. We look forward to welcoming Lyon’s clients into the Rosenthal family and supporting them with our full complement of products and services as they grow their businesses,” said Peter Rosenthal, Co-President of Rosenthal. “This acquisition is another important step for our firm as we continue to broaden Rosenthal’s factoring capabilities as well as our scope and reach across the furniture sector.”

“In today’s ever-changing financial environment, Rosenthal is well positioned to add a depth of experience and coverage to better service Lyon Capital customers,” said Rick Mantin, President of Lyon Credit Services. “Since 1938, Rosenthal has had a reputation in the factoring industry for honesty, integrity and outstanding customer service.”

Rosenthal also named Jeff Winans Vice President and Business Development Officer, effective May 1. Based in Texas, Winans joins Rosenthal from Lyon Credit Services, where he served as a sales executive for 12 years.

All Lyon Capital factoring clients will transition to Rosenthal’s platform effective May 1. Lyon Mercantile Group will continue to focus on providing industry-specific credit information and Lyon Collection Services will continue to provide third-party collections to clients nationwide, including Rosenthal.

For more information about Rosenthal and these transactions, please visit www.rosenthalinc.com and contact James Occhiogrosso at 212-356-1415 or JOcchiogrosso@rosenthalinc.com and Kirk Brown at 470-773-6502 or KBrown@rosenthalinc.com. For more information about Lyon Credit Services please visit www.lyoncredit.com and contact Rick Mantin, President, at 702-534-5062 or rmantin@lyoncredit.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.

ABOUT LYON CREDIT SERVICES

Lyon Mercantile Group (www.lyoncredit.com) has been the premier Credit Reporting Agency in the Home Furnishings, Home Décor, Textile, Juvenile, and Giftware Industries since the publication of the first LYON RED BOOK in 1876. Lyon Collection Services, Inc. is an industry leader in 3rd-party Commercial Collections and Accounts Receivable Management; licensed and bonded to collect any commercial debt nationwide.