Rosenthal & Rosenthal, Inc., a leading private commercial finance company specializing in factoring and asset-based lending, announced the appointment of Robert Schnitzer as Senior Vice President. In his role, Schnitzer will be responsible for business development for the firm’s asset based lending division. The appointment is effective March 31, 2016.
 
Schnitzer is a veteran commercial finance executive, with more than 36 years of experience managing asset based lending and factoring portfolios for middle-market companies.
 
“We are so pleased to welcome Bob to the Rosenthal family. His decades of experience and his deep knowledge of the ins and outs of the industry will be a huge asset to our team,” said Peter Rosenthal, President of Rosenthal. “I’m confident that Bob’s keen business sense and asset based lending expertise will foster more and more growth for Rosenthal and contribute to the continued success of our clients.”
 
Schnitzer joins Rosenthal from BHI USA/Bank Hapoalim where he served as Senior Vice President. Previously, he spent 11 years with Sterling National Bank’s asset based lending division and 14 years with Fleet/Summit Bank and Gibraltar Corporation of America, also in asset based lending. Schnitzer has also held senior roles in factoring and trade finance at North Mill Capital, Security Pacific Business Credit and Chemical Bank.
 
“I am thrilled to join the Rosenthal team and be a part of the company’s rich legacy as a trusted partner to so many growing businesses,” said Schnitzer.
 
Rosenthal & Rosenthal is a leading factoring and asset-based lending firm in the United States. Founded in 1938 by Imre J. Rosenthal, the firm is now led by the second and third generations 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, including manufacturing, apparel, food & beverage, technology, jewelry, accessories, real estate and art lending.