Rosenthal Provides $1.2 Million ABL Facility to Partner Foods Group
Rosenthal & Rosenthal, 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 a recent joint $1.2 million revolving asset-based lending facility to support Partner Foods Group, a domestic specialty foods importer and distributor.
Founded in 2019, Partner Foods Group is a leading importer, marketer and distributor of specialty, health and organic foods, with sales topping $10 million. The company is led by an experienced team of food industry veterans with a mission to develop and build small brands from the bottom up. The company’s growing portfolio of brands now includes Monari Federzoni, a large seller of balsamic vinegar, Allegro marinades, Bongiorno organic vinegar drinks, WaterBox, an eco-friendly boxed water brand, Evolution Salt, a gourmet Himalayan sea salt company and Monini an Italian Olive oil. Partner Foods Group represents brands on an exclusive basis, selling direct to retail customers like Walmart and Safeway, as well as to a network of wholesale specialty food distributors, including United Natural Foods and KeHE.