Rosenthal Provides $2.5 Million Asset Based Lending Facility for Florida-Based Video Interpretation Technology Company

Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending and purchase order financing firm in the U.S., today announced the completion of a $2.5 million asset based lending deal to support the growth capital needs of a company specializing in video remote interpretation technology.

A relatively young brand, the company was experiencing tremendous demand for their interpreter services and technology in 2021, especially within the health care sector. With an expectation of continued accelerated growth in their industry, the company determined there was a need to invest in their proprietary platform and grow the number of professional interpreters in their network to meet that demand.