Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing and inventory financing firm in the United States, today announced the completion of three asset based lending transactions totalling US$7.5m. The firm’s Pipeline division, focused on providing working capital to emerging consumer product brands, led the transactions.
A popular CPG brand in the food & beverage space was looking to start a relationship with a lender who could scale alongside the company’s growth plans. Having largely funded the cash needs of the business through equity and founder-backed lines of credit in the past, the company was introduced to Rosenthal by an accounting firm to explore alternative financing options. Rosenthal was able to step in and provide a US$3m asset based lending facility backed by accounts receivable and inventory.
