FAQ

Q: What kinds of companies can benefit from factoring?

A: Factoring is particularly useful for businesses that manufacture or deliver consumer goods on a seasonal basis.  Historically factoring has been used primarily by the apparel and home goods industries, however, it can benefit many other industries that produce goods on a cyclical basis.  Also, certain start-up companies that are seeking working capital, but are too small to attract interest from typical Venture Capital or Hedge Funds, may be good candidates for factoring.

Q: How can Advance Factoring help my company?

A: Your receivables are effectively turned into cash, therefore enhancing corporate sales volume and freeing Management to focus on other critical priorities such as marketing and new business development.

Q: How can factoring help my customers?

A: When your company is in a favorable cash position, you are able to take advantage of trade discounts and other special opportunities offered by your suppliers and vendors.  Your company is then in a position to pass savings on to your customers.

Q: If Rosenthal provides factoring, does my company need to continue to make credit decisions and collection calls?

A: No.  Rosenthal's New York City based credit department, which has been acknowledged as the best in the industry, will handle all collections on behalf of your company.  Results of our collection activities for your company are reported daily and available for your review via secure online technology platforms.

Q: How does Rosenthal address unique financing needs?

A: Rosenthal brings an entrepreneurial approach and deep expertise in a wide array of financial resources to our clients.  As a privately held company we have the freedom to make decisions efficiently based on analysis by our professional staff.  Rosenthal's senior executives work directly with clients to create and manage financial solutions that are tailored to your company's precise business needs.