Rosenthal & Rosenthal, Inc., a leading independent factoring, asset based lending and purchase order financing firm in the United States, announced the completion of a recent US$3m non-recourse factoring deal with Cady Industries, Inc., a specialty chemical manufacturer.
Headquartered in Georgia, the client was in need of additional working capital to assist with paying out the company’s minority investors. When the company’s lender, an institutional bank, was unable to offer more flexibility and capacity on their existing line, Cady turned to Rosenthal for a new financing solution.
