Rosenthal & Rosenthal Opens Los Angeles Office

New York–based factoring and assetbased lending company Rosenthal & Rosenthal has opened an office in the Warner Center, at 21700 Oxnard St. in Woodland Hills, Calif.

The office will be headed by Harry Friedman, who joins the firm as senior vice president.

Rosenthal & Rosenthal provides factoring and related financial services for textile and apparel manufacturers. It also caters to the home-furnishings, toy and electronics industries.

The firm already boasts approximately 20 clients in California and hopes to double or triple that number in its first year at the Warner Center, according to public-relations spokesman Jon Lieb of Elser & Aucone.

Rosenthal & Rosenthal, founded in 1938, is one of the oldest and largest family-owned financial firms in the United States. The company generates over $3 billion in volume annually. —Christian M. Chensvold