Rosenthal Closes 23 Transactions Totaling Nearly $600MM in Volume in Second Half 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 completion of 23 individual transactions in the second half of 2023, totaling roughly $600 million in volume and $90 million in loans. The various financing facilities will help clients across a multitude of sectors address working capital needs, mitigate risk and support growth opportunities.
The 23 deals spanned industries including food & beverage, beauty & wellness, apparel, accessories, footwear, pharmaceuticals, metal stamping and fabrication, surf, skate, paper and furniture. Rosenthal’s clients involved in these transactions hail from every corner of the country, including New York, Massachusetts, Florida, Texas, California, Ohio, Colorado, Vermont and Illinois, as well as Canada. The 23 transactions included:
· four recourse factoring deals,
· four collection factoring deals,
· four non-recourse factoring deals,
· five asset based lending deals,
· three purchase order financing deals and
· three deals for Pipeline, Rosenthal’s division serving e-commerce and direct-to-consumer businesses.