LSQ added Vikas Shah as executive vice president of supply chain finance. Shah will lead the development of the company’s supply chain finance platform, LSQ FastTrack.
Alternative funder LSQ plans to relocate its headquarters from Maitland, FL to downtown Orlando. Scheduled to commence Friday, April 05, 2019, the move will relocate LSQ’s 130-person staff to the second floor of Landmark Center One.
Invoice finance company LSQ advanced $455 million in working capital in Q1/17, coming off a year where it provided $1.8 billion to businesses. The company attributed its growth to new bank partnerships and the automation of its underwriting process.