Rosenthal closes US$10m+ factoring and purchase order finance deals

Rosenthal Capital Group has completed two US working-capital transactions worth more than US$10m in total, combining recourse factoring with purchase order finance to support businesses moving into larger wholesale orders.

The first transaction involves a New York-based celebrity-backed lifestyle and product-development company whose wholesale business has expanded through partnerships with major league and collegiate sports teams. Rosenthal had provided the company with a US$1.25m recourse factoring facility in 2025 and has now added a US$500,000 purchase order financing line, with US$1m of volume committed.

The purchase order structure can fund vendors through letters of credit or purchase guarantees, giving the company liquidity before finished goods are delivered and receivables are created.

A second transaction supports a Texas-based home textiles business that has shifted from direct-to-consumer sales through Amazon towards wholesale distribution. After securing large orders from big-box retailers, the company required funding both for production and for the longer payment cycle that comes with wholesale trading.

Rosenthal provided a US$5m recourse factoring facility alongside US$4m of purchase order financing. The PO facility will finance multiple vendors during an approximately 60-day production process. Overseas materials from China can be funded using cash against documents, while the structure can also cover freight and duties, domestic fibre and packaging suppliers, and direct labour associated with specific orders.

The combination illustrates the different points at which working-capital pressure can emerge during a growing order cycle. Purchase order finance supplies liquidity before goods are produced and delivered, while factoring releases cash after invoices have been generated.

Rosenthal has not disclosed pricing or advance rates for the facilities. Both transactions nevertheless show how specialist lenders can combine pre-shipment and receivables finance when a company outgrows self-funding or a conventional single-product facility.