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Rosenthal and Rosenthal Invoice Factoring Review
Rosenthal and Rosenthal is an invoice factoring company that works with import/export, manufacturing, and textiles industries. They are based in New York, New York, and were estbalished in 1938, making them one of the oldest invoice factoring firms we looked at.
One of Rosenthal and Rosenthal’s greatest attributes is they provide non-recourse funding, which means that there’s no risk of a chargeback if your client doesn’t pay their invoice. Non-recourse factoring provides a more secure revenue stream that recourse factoring, making it preferable in almost every instan
Rosenthal and Rosenthal sports another positive trait, which is that they provide funding incredibly quickly once you factor an invoice. You can use this capital to meet payroll, invest in new technologies, or anything else that might help grow your business.
Finally, they had solid reviews from cutomers relating to their customer service. Invoice factoring companies with strong customer service also frequenty had better scores for customer satisfaction.
However, there are some issues with Rosenthal and Rosenthal. The first is they lack the information that businesses interested in factoring need to be able to compare their services to their competitors. As a result, we don’t have the information we need to do a fair apples to apples comparison, costing them points in our review.
Rosenthal and Rosenthal also suffers because their fees are on the high end of what we expect in the industry. This brings them down a few marks because fees can be a red flag for other pricing transparency issues. Greater fees also relate to lower customer satisfaction in our research.
Finally, their website leaves much to be desired. It is difficult to navigate and doesn’t have the features or information that one would expect when researching invoice factoring companies.
Rosenthal and Rosenthal has the experience to be one of the best invoice factoring companies we reviewed. They would benefit from more price transparency, as well as information regarding what qualification standards customers have to meet.