Newberry Specialty Bakers, a provider of wholesale specialty baked goods to the grocery and food service industry, secured a $1 million credit facility from LSQ Funding Group, an invoice financing provider for small- and mid-sized businesses.

Howard G. Anders, president of Newberry Specialty Bakers, said, “These funds will help us accelerate our purchase of equipment and inventory that’s critical to fulfilling new orders and keeping our growing list of customers happy.”

“For two decades, we’ve been helping small business owners expand their businesses by ensuring they had a consistent source of liquidity available on demand,” said Max Eliscu, founder and CEO of LSQ. “Our team of experts worked closely with Newberry Specialty Bakers and their bank client manager to structure a facility that fit the company’s needs. We’re happy to support their growth and passion for quality.”