A seasoned financial executive, Schuldiner joins Rosenthal as Senior Vice President of Rosenthal Trade Capital, bringing nearly 20 years of experience in the purchase order and trade finance business. In his new role, Schuldiner will be responsible for driving the overall business strategy for Rosenthal Trade Capital. Also joining Schuldiner from Wells Fargo Capital Finance is Jennifer Draffkorn, who will be responsible for portfolio management and underwriting at Rosenthal Trade Capital. Their appointments are effective as of July 1, 2016.
"We are thrilled to launch our newest division, Rosenthal Trade Capital so that we can continue to provide the kinds of services and financing products that fit our clients' individual, and often complex needs," said Peter Rosenthal, President of Rosenthal. "Under Paul's leadership, I'm confident Rosenthal Trade Capital will become another substantial platform for growth for our firm and my family's legacy."
As a partner and Managing Director of Business Development at King Trade Capital, Schuldiner was responsible for providing purchase order and contract finance for small to middle-market companies. He previously held a senior leadership role in the Purchase Order Finance Group of Wells Fargo Capital Finance and was a principal at Transcap Associates for 11 years before Wells Fargo acquired it in 2008.
"It's a privilege to join the Rosenthal team and I'm looking forward to bringing my industry expertise to help drive growth at a company with such a rich legacy and strong reputation for excellence and quality," said Schuldiner.
For more information about Rosenthal Trade Capital, please visit www.rosenthalinc.com/rosenthaltradecapital.
ABOUT ROSENTHAL & ROSENTHAL
Rosenthal & Rosenthal (www.rosenthalinc.com) is the 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.
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SOURCE Rosenthal & Rosenthal, Inc.