LSQ originated a $30 million credit facility for a New York-based manufacturer, packager and distributor of pharmaceutical and consumer healthcare products.
In October 2021, Qwil, a fintech that provides early payments to staffing firms and managed service providers, and Talent Solutions TAPFIN, a managed service provider for contingent workforces, launched a partnership creating a technology enabled early-payment solution for staffing firms.
LSQ originated a $7.5 million credit facility for a Florida-based telecommunications field services firm. The company will use the additional working capital to support current operations and growth.
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.