Rosenthal Provides $1MM P/O Facility for Women's Apparel Company
Paul Schuldiner, EVP Division Manager, Jennifer Draffkorn, SVP, Senior Account Executive, and Ying Yang, VP, Business Development recently completed a $1MM purchase order financing facility for a women owned apparel company based in California.
This transaction is a good illustration of the dilemma an entrepreneur faces when deciding how to properly finance growth. PO financing for the production of inventory to fill known sales opportunities can be a much better fit than raising equity that undervalues your company, or worse yet, potentially causes you to lose control of your business.