Rosenthal Closes Two Seven-Figure International Factoring Deals

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 a pair of factoring transactions, including a $1.75MM domestic and international non-recourse factoring deal for a leading manufacturer of antimicrobial products and a $1.5MM non-recourse factoring deal for a wholesale premium seafood distributor.

A New England-based global manufacturer of antimicrobial technologies for the textile, medical and industrial sectors was in need of a new financing solution that would accommodate both their domestic and international sales, after the company experienced COVID-related losses that led to the termination of their existing banking facility. Recourse factoring was an attractive solution for the company as they already held their own trade credit insurance policy. Rosenthal stepped in to provide a collateralized accounts receivable solution in the form of a $1.75MM recourse factoring facility.