Rosenthal & Rosenthal announced the completion of two purchase order financing transactions totaling $3.75 million.
 
A growing Boston-based ready-to-drink beverage company received a sizable purchase order from a large big box retailer. Rather than utilizing their existing asset based lending line, the company wanted to explore alternative financing solutions to fulfill the order. As the company’s domestic supplier was looking for pre-payment, Rosenthal was able to issue a domestic purchase guarantee to allow the supplier to complete production, with Rosenthal making payment as cash on delivery. Rosenthal’s $1.75 purchase order financing facility worked seamlessly with the company’s existing asset based lending line and the order was fulfilled on time.
 
A Canadian mobile and cellular company was launching a new product into the US market to major retail customers in the telecommunications sector. The company’s main supplier was looking for Letters of Credit in order to produce and ship the product. Rosenthal provided a $2 million purchase order financing facility that satisfied the supplier’s requirements and allowed the product to ship on time. With experienced financing global businesses, Rosenthal was able to step in and work effectively to comply with all Canadian legal regulations required to close the transaction.
 
“Both clients were facing enormous sales opportunities that demanded a financing partner who could adhere to a fast-paced timeline and ensure that they had access to the working capital they needed to successfully fulfill their orders,” said Megan Flaherty, Senior Vice President of Rosenthal’s Purchase Order Financing division. “Our expertise in purchase order financing—both domestically and internationally—coupled with the flexibility and compatibility of our financing solutions made Rosenthal the perfect partner on these transactions to allow them to pursue these critical growth opportunities.”