Rosenthal Provides Financing to Expedite Prestige Restructuring

Rosenthal & Rosenthal provided financing to facilitate a complex restructuring and sale of Prestige Industries, a provider of commercial laundry and valet services to the hospitality industry in the New York City region.

Rosenthal Hires AVP, Account Exec for Trade Capital

Rosenthal & Rosenthal appointed Megan Flaherty as assistant vice president and account executive of Rosenthal Trade Capital. Flaherty was most recently a VP for loan and credit operations at Salus Capital.

Rosenthal Provides PO Finance Facilities for Third-Party Lenders

Rosenthal Trade Capital completed two purchase order finance facilities to support the financing requirements of clients of a third-party factoring company and a national bank-owned asset-based lender.

Rosenthal Adds Yang as West Coast VP

Rosenthal & Rosenthal appointed former CIT VP Ying Yang as vice president responsible for business development with a focus on the firm’s West Coast client base.

Rosenthal Provides $3.5MM to Consumer Products Importers

Rosenthal Trade Capital completed several purchase order finance facilities to companies importing from Asia in need of supply chain financing ahead of the slow period around the Chinese New Year.

Rosenthal Provides PO Finance Facility to Support Equity Firm Buy

Rosenthal Trade Capital completed a $9 million purchase order finance facility to support an acquisition by a private equity investor of a company in the footwear and lifestyle products industry.

Rosenthal Provides eMagin $5MM Working Capital Facility

eMagin, manufacturer of Active Matrix OLED microdisplays for high resolution imaging products, entered into a $5 million revolving credit working capital facility with Rosenthal & Rosenthal.

Rosenthal Provides PO Finance Facility for Consumer Products Company

Rosenthal Trade Capital provided a $4 million production finance facility for a New York-based investor and operator in the consumer products industry.

Rosenthal Launches Alternative Inventory Financing Division

Rosenthal & Rosenthal has launched Rosenthal Trade Capital to provide alternative inventory financing solutions to cash-constrained companies. The new group will be led by finance veteran Paul D. Schuldiner.

Rosenthal Hires Veteran ABL Executive as SVP

Rosenthal & Rosenthal, a private commercial finance company specializing in factoring and asset based lending, hired Robert Schnitzer as senior vice president.