FIT Talks: Michael Stanley Interview

Phyllis Dillon interviews Michael Stanley about the history of Rosenthal & Rosenthal, a commercial financing company that has supported the fashion industry since 1938. They discuss how the service of factoring is used in the fashion industry, and how the business of fashion has changed over time.Michael Stanley, is the Managing Director of Rosenthal & Rosenthal, a commercial financing company that specializes in factoring, asset-based lending, and purchase order financing. The firm was established in 1938 by Imre Rosenthal, and its first customers were primarily textiles and apparel companies. It has helped to grow businesses in other industries including transportation, oil and heating, food & beverage, and manufacturing. Michael Stanley has been with the company since 1998, and is regarded as an expert in his field. He serves on the educational foundation of FIT, and on the board of Big Sisters and Big Brothers, and other non-profit organizations