Rosenthal Closes Seven Asset Based Lending Transactions Totaling $70 Million in First Quarter
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 seven recent ABL transactions totaling roughly $70 million.
The various asset-based lending facilities will help to address the working capital needs and support growth and expansion opportunities for a number of clients across a range of sectors. The scope of the transactions demonstrates the breadth and depth of Rosenthal’s expertise and industry relationships as well as the firm’s flexibility and ability to customize its financing solutions to meet specific client needs.
“Rosenthal has had a remarkably strong start to 2023 and our highly skilled asset based lending team has been working hard to close an impressively high volume of deals,” said Paul Schuldiner, Rosenthal’s Chief Lending Officer. “These seven transactions reflect Rosenthal’s deep relationships across a number of different industries as well our expertise in structuring complex financing facilities that are tailormade to address our client’s unique needs.”
“We are very energized about our ABL product and the positive impact that all of our alternative financing offerings have had on our clients’ businesses and bottom lines,” said Robert Martucci, EVP and National Sales & Underwriting Manager for Rosenthal’s ABL group. “In this challenging macroeconomic and financial environment, we’re confident that Rosenthal’s creativity and flexibility will continue to set us apart.”