Rosenthal Closes $25 Million Factoring Facility to Support Popular Baby Products Company

March 6, 2023

Source: Rosenthal & Rosenthal, Inc.

(NEW YORK) MARCH 6, 2023– 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 recent $25 million factoring deal for an established and growing company in the juvenile products space.

The Pennsylvania-based company manufactures a range of popular baby gear and other accessories and was looking for an alternative to their existing bank financing relationship. A former Rosenthal client for several years, the brand transitioned from Rosenthal to a bank lender in 2020 and was recently facing increased restrictions on the collateral they were eligible to borrow against. As a result, the company terminated their bank lending relationship and opted to return to Rosenthal where they could take advantage of more flexibility and personalized service.

Rosenthal provided a $25 million factoring facility, lending against both domestic and international receivables as well as inventory, including finished goods and in-transit.

“We always love when clients boomerang back to Rosenthal when they recognize that being privately owned allows us to offer considerably more flexibility and much less red tape than more traditional bank lenders are able to,” said Andrew Barone, SVP of Business Development and Director of Rosenthal’s Pipeline division. “We know this client’s business well and have maintained a great relationship with their private equity sponsor, so we were able to seamlessly jump back into the mix to support their continued growth and sales opportunities.”

For more information about Rosenthal and these transactions, please visit www.rosenthalinc.com and contact Andrew Barone at ABarone@rosenthalinc.com or 212-356-1721.

ABOUT ROSENTHAL & ROSENTHAL

Rosenthal & Rosenthal (www.rosenthalinc.com) is the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States. Founded in 1938 by Imre J. Rosenthal, the firm is now led by the third generation of the Rosenthal family. As a privately held company, Rosenthal is committed to providing personalized service and flexible lending to clients across a broad range of industries. Rosenthal has offices in New York, California, Georgia and North Carolina.

 

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