TSL Express Daily News
The Secured Lender
SFNet's 80th Annual Convention Issue
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Potential Impacts of Blockchain on Commercial Lending
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Audit Prep: Why a Paperless Approach Makes Sense
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December 10, 2024
Source: Rosenthal & Rosenthal, Inc.
(NEW YORK) – DECEMBER 11, 2024– Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced that Patrick Norton has joined Rosenthal as EVP and Head of Equipment Leasing.
Norton brings more than 25 years of experience in commercial finance, structuring underwriting and managing bank portfolios. He has a strong background in both equipment finance and asset-based lending, including traditional ABL, retail finance, bankruptcy refinancing and workouts. Most recently, Norton served as a consultant to Rosenthal leading up to the firm’s acquisition of Accord Financial Corp.’s domestic equipment leasing division in October 2024. Prior to joining Rosenthal, Norton was Senior Underwriter and Portfolio Manager at Wells Fargo Bank’s Equipment Finance Division, where he managed a team of more than 40 professionals, overseeing large ticket, capital market and middle market bank underwriting and portfolio responsibilities. At Rosenthal, Norton will head up the growing equipment leasing division, helping to expand the firm’s footprint in the Northeast and Midwest.
“Patrick is a seasoned pro and brings a wealth of commercial finance experience to Rosenthal that will only deepen our expertise in equipment finance,” said Paul Schuldiner, Chief Lending Officer at Rosenthal. “I have no doubt that under his leadership, our equipment leasing team will continue to expand Rosenthal’s reach and impact in the Midwest, Northeast and beyond.”
“This is such an exciting time to join Rosenthal, especially with the recent acquisition of Accord’s U.S. equipment leasing division and the growth opportunities that presents for the firm,” said Norton. “We have an incredibly strong foundation already in equipment leasing, and I look forward to helping to build out our talented team so we can bring Rosenthal’s expanded suite of capabilities to new clients and new regions around the country.”
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, asset-based lending, direct-to-consumer financing, purchase order financing and equipment financing. Rosenthal’s team of seasoned professionals covers the U.S. from coast to coast and nearly everywhere in between, with dedicated offices in New York, California, Georgia, North Carolina, and Illinois. Visit the Difference at www.rosenthalinc.com.