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Rosenthal Completes 11 Transactions Totaling $35 Million During Summer 2022, Supporting Clients From Multiple Industries
August 22, 2022
By Rosenthal & Rosenthal, Inc.
(NEW YORK) AUGUST 22, 2022 – 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 completion of nearly a dozen transactions totaling roughly $35 million during the summer months of 2022. The various financing facilities will help to address working capital needs, mitigate risk and support growth opportunities for clients across a multitude of sectors.
The transactions included six factoring deals, one asset based lending deal, one purchase order financing deal and three deals for Rosenthal’s newest division, Pipeline, serving e-commerce and direct-to-consumer businesses. The scope of the transactions, both in terms of financing products and the industries covered demonstrate the breadth and depth of Rosenthal’s array of funding solutions.
“It’s certainly been a productive summer for Rosenthal and we’re pleased that we were able to close a remarkably high volume of complex deals in such a short period of time,” said Paul Schuldiner, Rosenthal’s Chief Lending Officer. “These transactions spanned multiple sectors—from apparel and beauty to chemicals and tech—and every one of Rosenthal’s financial products is represented in these deals. That is a true testament to Rosenthal’s versatility and flexibility.”
The six factoring deals include:
• $300,000 facility for a men’s apparel company
• $2MM collection factoring facility for an apparel company
• $2.5MM facility for a streetwear apparel company
• $20MM facility for a major apparel company
• Two individual $1.2MM facilities for two separate beauty and cosmetics companies
In addition, Rosenthal closed a $1.5MM ABL facility for a leading Pennsylvania-based chemical manufacturer and a $1.75MM purchase order financing facility for a high-security government and commercial printing and technology company.
Rosenthal’s newest division, Pipeline, closed three separate transactions this summer alone, providing much-needed capital to a cadre of direct-to-consumer and e-commerce companies, including an e-commerce apparel company, a popular women’s footwear company and a men’s personal care business, totaling $5.5MM in funds deployed.
“Rosenthal already has a successful track record working with growing companies to help them address omnichannel and supply chain challenges and take advantage of growth opportunities, and Pipeline is a perfect extension of that,” said Andrew Barone, Senior Vice President and Pipeline’s Director of Sales. “These three individual Pipeline transactions really showcase our expertise in partnering with fast-growing direct-to-consumer brands to ensure they have the liquidity and incremental working capital they need to scale and grow their businesses.”
For more information about Rosenthal and this transaction, please visit www.rosenthalinc.com and contact Paul Schuldiner at 212-356-1703 or PSchuldiner@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 second and third generations 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.