Oxford Commercial Finance, a subsidiary of Oxford Bank specializing in financing solutions for small to mid-sized businesses, hired Bill Kirth as a vice president and business development officer. He is based in Salt Lake City.
LSQ originated a $1 million credit facility for a California-based beauty products manufacturer. As part of the partnership, LSQ will also provide the company with accounts receivable and customer credit management.
LSQ originated a $5 million credit facility for a Colorado-based oil field service company, which will use the additional capital to fund growth and complete the acquisition of a company offering a complementary service.
LSQ originated a $7 million credit facility for a technology hardware company in Washington. The company will use the additional capital to fund its projected demand growth for new and existing products.
LSQ, an independent provider of invoice financing in the U.S., added Bill Kirth as a regional vice president. Kirth joined LSQ from Euler Hermes technology partner, APiO, where he served as director and chief credit officer.