LSQ, a provider of working capital and payments management solutions, originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey. As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.
The company was referred to LSQ by a former client.
“The company is set for remarkable growth, and the additional working capital and services from this facility provide the necessary tools to capitalize on available opportunities,” DJ Krystopa, regional vice president at LSQ, said. “We appreciate their trust in LSQ as a trusted partner in their success.”
