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Rosenthal Launches Pipeline™, A New Division Geared Exclusively Towards High-Growth Direct-To-Consumer and E-Commerce Businesses
Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending and purchase order financing firm in the U.S., today announced the launch of Pipeline, a new e-commerce growth capital resource tailor-made for savvy entrepreneurs and founders looking for an extra edge to keep their brands charging forward.

Family-owned and independent, Rosenthal leverages its rich 83-year-old heritage and extensive expertise in financing businesses of all kinds with an eye toward the future and the changing e-commerce landscape. Pipeline adds a range of new customized capital offerings to Rosenthal’s arsenal designed specifically for direct-to-consumer brands to fill the gaps where venture capital and equity cannot.

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TSL Express Daily Headlines & News

  • Morgan Stanley Announces Key Leadership Changes
    May 21, 2021
    Morgan Stanley (NYSE: MS) today announced that Ted Pick and Andy Saperstein have been named Co-Presidents of Morgan Stanley. Both executives are long-serving employees in key management positions, and both head world-class businesses with market leadership positions. Mr. Pick leads Morgan Stanley’s Institutional Securities business and will now also be responsible for Morgan Stanley’s international operations and become the Co-Head of Firm Strategy and Execution. Mr. Saperstein leads Morgan Stanley’s Wealth Management business and will now be responsible for all Wealth Management channels, including Financial Advisors, E*TRADE and Morgan Stanley at Work.
  • Tradewind Finance Provides Credit Facility To Hazelnut Company Based In Turkey
    May 20, 2021
    Tradewind Finance has announced the closing of a EUR 1.5 million export factoring facility for a producer of hazelnut items based in Turkey that sells to over 50 countries globally. The funding is being used to cover the cost of raw hazelnuts from suppliers, as well as to increase sales and expand the company's presence in European markets.
  • Alleon Healthcare Capital Provides a $2,500,000 Medical Accounts Receivable Financing Facility to a New York based Home Care Provider
    May 20, 2021
    Alleon Healthcare Capital ("Alleon"), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $2,500,000 medical accounts receivable financing facility with a home care provider in New York (“Company”).
  • GlobeSt. Real Estate Forum Recognizes A&G as a Retail Real Estate Influencer for 2021
    May 20, 2021
    GlobeSt. Real Estate Forum named A&G Real Estate Partners to its annual list of retail real estate influencers, citing the firm’s success in saving American tenants $1.8 billion in occupancy costs and helping them stave off thousands of store closures last year. A&G—which works across multiple real estate sectors—was one of just seven recipients in the Company category of this year’s influencers list from the online and print CRE publication, which also honored Individuals and Teams for their contributions to retail real estate.
  • Digital Acceleration Fuels Growth in the Middle Market – BDO Digital Survey
    May 20, 2021
    Heading into the post-pandemic world, middle market organizations are accelerating digital transformation. While finances may still be strained, 90% of companies plan to maintain or increase their digital spending in 2021, according to BDO Digital’s 2021 Middle Market Digital Transformation Survey, which polled 500 C-level executives.
  • White Oak Healthcare MOB REIT Has Acquired Class-A Medical Office Building in Atlanta Metropolitan Area
    May 20, 2021
    White Oak Healthcare MOB REIT has acquired a Class-A Medical Office Building in the Atlanta metropolitan area. The Class-A medical office building is primarily leased to Emory Specialty Associates, a subsidiary of Emory Healthcare and Emory University, the largest hospital health system in the state, and other physician practices. The property is located in Stonecrest, Georgia, a submarket with three prominent health system facilities, Hillandale DeKalb Medical Center, Kaiser Permanente Panola Medical Center, and East DeKalb Health Center, and strong demographics.
  • Good Funding Announces Closing of Up to $30 Million Credit Facility
    May 20, 2021
    Good Funding, LLC ("Good Funding"), a recently-launched small business finance company, has closed on a $20.0 million senior revolving credit facility with a U.S.-based, credit focused asset manager. The agreement includes an accordion feature with the option to increase the credit facility to $30.0 million. The transaction represents Good Funding's inaugural institutional financing. Proceeds will be used to increase the Company's funding capabilities and execute its strategic growth plan.
  • HiberCell Closes $67.4 Million Series B Financing and Secures $30 Million Debt Facility from Hercules Capital
    May 20, 2021
    HiberCell, a biotechnology company developing therapeutics focused on preventing cancer relapse and metastasis, today announced that it has completed a Series B financing round for gross proceeds of $67.4 million. Concurrent to this financing, HiberCell closed on a $30 million debt facility with Hercules Capital, Inc. (NYSE: HTGC).
  • MidCap Financial Provides a $250 Million Senior Secured Revolving Credit Facility to Vericast Corp.
    May 20, 2021
    MidCap Financial today announced it has provided a $250 million senior revolving credit facility to Vericast Corp. (“Vericast”), a marketing solutions provider that directly influences consumer purchasing and transaction behavior at scale. The MidCap Financial credit facility refinanced the company’s prior credit facility and will provide for the company’s go-forward working capital needs.
  • Sallyport Commercial Finance Announces Promotion of James Bartel
    May 20, 2021
    Sallyport Commercial Finance is thrilled to announce the promotion of James Bartel to the position of senior vice president of sales, effective immediately. James has served Sallyport's SME and entrepreneur business owners diligently over the past four years, consistently over-achieving while promoting the Sallyport vision and values at every opportunity. James' role will continue to be pivotal to the growth of new business and the future of Sallyport.
  • Freshlocal Solutions Inc. Announces New $15 Million Credit Facility with Silicon Valley Bank
    May 19, 2021
    "This non-dilutive credit facility provides us with important financial and operating flexibility at terms that we believe are favorable to the company," stated Peter van Stolk, Chief Executive Officer of Freshlocal. "These funds will assist us in advancing the development of our eGrocery Management Solution which enables the profitable provision of online grocery services at a time when the global grocery business is experiencing a rapid shift to on-line grocery."
  • Pacific Mercantile Bank Provides Revolving Line of Credit to Quality Candy Company, LLC
    May 19, 2021
    Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a revolving line of credit to Quality Candy Company, LLC (“Quality Candy”), a manufacturer and distributor of high quality hard candy and soft sugar candy. Along with the financing, Quality Candy utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.
  • Troutman Pepper Adds Corporate Lawyer Matt Rupp to Corporate Practice Group
    May 19, 2021
    Matt Rupp has joined Troutman Pepper as a partner in the Corporate Practice Group. Most recently, Rupp served as a partner at McDermott Will & Emery. Rupp has spent more than 10 years counseling clients on a variety of corporate matters. He focuses his practice on representing private equity and other investment funds, private and public companies, and family offices in a wide variety of transactions, with an emphasis on mergers, acquisitions, divestitures, recapitalizations, restructurings, joint ventures, and general corporate counseling.
  • IDS Welcomes Bill Noel as Chief Product Officer
    May 19, 2021
    Bill Noel joined IDS on May 17 as its new chief product officer – a newly created executive position to lead the company's secured finance portfolio growth objectives. IDS, a leading provider of enterprise mission-critical solutions for secured finance, today announced that Bill Noel has joined the company as its chief product officer. In this newly created executive position, Noel will play a strategic role in leading and integrating the company's comprehensive portfolio of market leading product offerings to deliver unparalleled value to the global secured finance market.
  • KPMG Strengthens its Restructuring Practice With the Addition of Greg Charleston as a new Managing Director
    May 19, 2021
    Greg Charleston brings more than 30 years of experience in turnaround and M&A, specifically working with financially troubled or underperforming companies to address liquidity issues, develop cost containment programs, implement process improvements, and improve profitability.
  • CIT Names Business Development Officer in Asset-Based Lending for Southeast Region
    May 19, 2021
    CIT Group Inc. (NYSE: CIT) today announced that it has hired Blake Goddard as a business development officer in its Asset-Based Lending business. Goddard will be based in Atlanta and focus on asset-based lending business development across the Southeast region, where he will be responsible for generating new business leads, deepening client relationships and representing a wide range of bank products and services.
  • Express Provides White Glove Service to a PPE Supplier with a $1.3MM LC Facility
    May 19, 2021
    Express Trade Capital Inc. recently closed a $1.3MM letter of credit (LC) facility to help finance its client’s purchase of Personal Protective Equipment (PPE) from a manufacturer in Vietnam. Prior to the transaction, Express’s client – a commodities trader – obtained a purchase order backed by an LC from their end customer, an established distributor of PPE and consumer goods.
  • Sterling National Bank Provides $750,000 Senior Secured Credit Facilities
    May 19, 2021
    Sterling National Bank's Commercial Services Group provided senior secured credit facilities totaling $750,000 to Flash Temps, LLC. The credit facilities will be used to provide working capital to support the company’s current operations.
  • The Yieldstreet Private Business Credit Team Announces Six New Deals
    May 19, 2021
    The Yieldstreet Private Business Credit team rocketed through the first month of 2Q21 closing six new deals for a total of $31.2M. These deals are across both consumer and commercial asset classes, various positions within the capital stack, and different states.
  • Crestmark, the Commercial Finance Division of MetaBank, Welcomes Craig Bassel and Randy Gartz to the Commercial Lending Development Team
    May 18, 2021
    Gartz is based in Texas and reports to Group Sales Manager, Steve Hansen. He brings extensive experience in growing middle market banking relationships, most recently serving as senior vice president, corporate banking with BBVA. Bassel is based in California and reports to Group Sales Manager, James (Jim) Farrell.

 

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