Rosenthal Provides $3MM Purchase Order Finance Facility to a Dinnerware Importer
Paul Schuldiner, EVP Division Manager, Jennifer Draffkorn, SVP, Senior Account Executive, and Megan Flaherty, AVP, Account Executive, recently completed a $3MM inventory production funding facility to a NY based importer of dinnerware.
This transaction illustrates how Rosenthal & Rosenthal’s purchase order financing program can work in tandem with third party asset based lenders to minimize their need to provide overadvances and/or unwanted inventory reliance within a client’s borrowing base.
Soundly structured PO Financing programs manage the transaction funding risks associated with inventory production financing while creating more accounts receivable for financing by an asset based lender.