Rosenthal Closes $4 Million Purchase Ordering Financing Deal for Global Manufacturing Company
(NEW YORK) – JANUARY 7, 2025 – Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of a $4 million purchase ordering financing facility to support a U.S.-based global manufacturing company with a multi-faceted government contract.
The company, a global manufacturer and supplier of aerospace and defense gear, wanted to take advantage of larger contracts with the U.S. government. Facing cash flow constraints that made it challenging to pursue new sales opportunities, the client’s third-party lender managing their account receivables referred them to Rosenthal. With a $20 million volume commitment, Rosenthal was able to step in quickly to provide a $4 million purchase order financing facility and an intercreditor agreement that would give the company the extra liquidity it needed to pursue new and larger contracts with the U.S. government. Rosenthal is funding cash against documents, helping to bridge the gap between production and invoicing for the company across various divisions.
“When a client has an opportunity to pursue a sizable government contract like this one, it’s critical that they have access to enough liquidity to execute the deal and deliver on the order,” said Megan Slovak, SVP and Underwriting Manager for Purchase Order Financing at Rosenthal. “Clients are frequently referred to Rosenthal because we’re creative and can move quickly to provide the financing they need, when they need it. We also work seamlessly in tandem with existing lenders to give clients more flexibility, so they never have to pass up a significant growth opportunity or an important contract.”
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With over 85+ years of leadership and industry experience, Rosenthal is now led by the third generation of the Rosenthal family. As a privately held company, Rosenthal 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 $30MM+. With unmatched financial capacity and decades of experience, Rosenthal 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. Visit the Difference at www.rosenthalinc.com.