Rosenthal Capital Group Closes $3.5 Million Asset-Based Loan Facility for Family Owned Jewelry Retailer in Chicago
(NEW YORK) – June 23, 2025 - Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $3.5 million asset-based loan facility for a well-established family owned fine jewelry retailer in the Midwest.
In business for 90 years, the Chicago-based company was seeking a new lending relationship when its existing non-bank lender made the decision to exit the jewelry industry altogether. A local investment banker in Chicago working with the company introduced RCG to the company’s management team. RCG was able to move quickly to refinance the ABL facility and provide $3.5 million in working capital that the client needed to purchase additional inventory to pursue its growth plans.
“As one of the most highly regarded jewelry retailers in Chicago with an incredibly experienced and diligent management team, we knew we were the perfect partner,” said Andrew O’Day, Vice President and Business Development Officer in RCG’s Chicago office. “As a decades-old family owned business ourselves, we understand how important it is to build trust and find the right solutions to fit a client’s particular needs and circumstances.”
ABOUT ROSENTHAL CAPITAL GROUP (RCG)
With over 87 years of leadership and industry experience, Rosenthal Capital Group (RCG) is now led by the third and fourth generations of the Rosenthal family. As a privately held company, RCG is committed to providing personalized service, credit protection and flexible lending to small to middle-market clients across a broad range of industries, with loans ranging from $500,000 to $40MM+. With unmatched financial capacity and decades of experience, RCG is best in class for all its clients’ creative financing needs, including factoring, asset-based lending, direct-to-consumer financing, purchase order financing and equipment financing. Rosenthal’s team of seasoned professionals covers the U.S. from coast to coast and nearly everywhere in between, with dedicated offices in New York, California, Georgia, North Carolina and Illinois. Learn more at www.rosenthalcapitalgroup.com.