LSQ Adds Rieber to Supply Chain Finance Team
LSQ hired Brian Rieber as vice president of working capital solutions. In his role, Rieber will be focused on helping companies create supply chain finance programs to meet their liquidity needs.
LSQ hired Brian Rieber as vice president of working capital solutions. In his role, Rieber will be focused on helping companies create supply chain finance programs to meet their liquidity needs.
LSQ originated an $8 million credit facility for a Texas-based paint and paint products manufacturer and distributor. The company, which also has retail operations, will use the additional working capital to manage seasonality within their industry and build inventory for upcoming peak demand.
LSQ, a provider of working capital and payments management solutions, originated a $1.5 million credit facility for a Connecticut-based pet-food wholesaler. The company will use the additional working capital to support growth and manage sales and inventory seasonality.
LSQ and Calculum, an industry provider of financial artificial intelligence and data-analytics services, agreed to collaborate and combine LSQ working capital and supply chain finance solutions with Calculum’s data analytics services as well as their technical expertise.
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.