LSQ increased the invoice financing facility of an Orlando, FL-based utilities staffing firm that helped restore utilities in Florida after Hurricane made landfall in Florida in late September. LSQ increased the company’s facility to $50 million.
LSQ, a provider of working capital finance and payments solutions, announced a partnership with Indiana-based Rochester Iron & Metal to provide a supply chain finance (SCF) program to its metal processing and recycling suppliers.
To help Jacksonville, FL-based Critical Response Strategies focus on the important work of providing medical staff to assist in the Hurricane Ian relief effort, LSQ recently originated a $12 million accounts receivable finance facility to provide funding for operations and payroll.
In part two of a series on improving corporate social responsibility, Brittany Hooper of LSQ shifts the focus to environmental, social and governance initiatives in the supply chain and how working capital solutions like supply chain finance can provide benefits for all stakeholders.
LSQ expanded its relationship with Wilson Creek Energy by originating a $15 million credit facility for the Pennsylvania-based metallurgical coal producer.
LSQ originated an $18 million credit facility for a distributor of lighting and ceiling fans serving big-box retailers nationwide. The facility includes both accounts receivable and inventory financing.
In part one of a series on improving corporate social responsibility, Brittany Hooper of LSQ looks at diversity, equity and inclusion in the supply chain and how working capital solutions like supply chain finance can help create more diverse, efficient and equitable supply chains.
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, a provider of working capital finance and payments solutions, acquired Qwil, a San Francisco-based financial technology company that provides early payments to staffing firms.
LSQ created a $5 million working capital facility and accounts receivable management program for a California-based trucking and logistics company, which will use the additional capital to support growth and new customer acquisitions.