Blog

Working at LSQ: Fueling Creativity and Passion

After more than 15 years in the insurance and traditional banking industries, Jessica Ortiz needed a change. “Some workplaces can be stifling and really shake your confidence,” Brooklyn-native Jessica said. “There is still some PTSD from some of those experiences. There was never any ownership and everything that didn’t go right was the end of […]
October 6, 2021 Andy Cagle
Blog

From Getting Started to Making a Decision: A Guide for Working Capital Platform Buyers

For any company, successfully managing working capital is vital to staying in business: vendors have to be paid, payroll has to be met, and the lights have to stay on. The good news is that there are copious options to help enterprises make the most of their liquidity. The bad news is that there are […]
October 4, 2021 Andy Cagle
Blog

Meeting the Array of Working Capital Needs: Supply Chain Finance and Dynamic Discounting

When working as part of a strategic accounts payable strategy, supply chain finance and dynamic discounting can help businesses strengthen their supply chains. When a buyer company is evaluating a working capital management solution, an important initial question that should be asked is, “does this benefit the entire supply chain?” While there are a bevy […]
September 29, 2021 Andy Cagle
Blog

Supply Chain Equity: Getting Everyone to the Dance

Creating Equity in Supply Chains According to author and thought leader Verna Myers, “Diversity is being invited to the party. Inclusion is being asked to dance.” Earlier this month, we were able to sit down with Danya Perry, Vice President of Diversity, Equity, and Inclusion at the Raleigh (N.C.) Chamber of Commerce, to talk about […]
September 22, 2021 Andy Cagle
News

LSQ Accelerates Market Growth, Names Shah CRO

Industry veteran will lead growth of LSQ’s unified working capital platform ORLANDO, FLA. (Sept. 9, 2021) – LSQ, a leading provider of technology-driven working capital solutions, announces the promotion of Vikas Shah to Chief Revenue Officer (CRO). In his new role, Shah will lead the continued growth of LSQ’s working capital management platform, LSQ FastTrack®. […]
September 9, 2021 Andy Cagle
Blog

COVID-19, Supply Chain Finance, and the Importance of “Preferred Buyer” Status

The tightening of supply chains are threatening businesses globally due to the continuing pandemic; attaining “preferred buyer” status with suppliers through a supply chain finance program can help keep production – and profitability – moving forward. The Delta variant brought a screeching halt to the lifting of production and shipping restrictions, just when we thought […]
September 2, 2021 Andy Cagle
Blog

ESG and Supply Chain Finance

How to Drive ESG in Your Supply Chain The importance of environmental and social governance (ESG) for companies across the globe has never been more important. Customers, investors, and regulators expect companies to manage the impacts their operations have on the environment and society as a whole. Beyond that, there is an expectation that companies […]
August 31, 2021 Andy Cagle
Blog

The Importance of ESG in Your Supply Chain

No matter the name or acronym the initiatives take, companies across the world are investing in being better global citizens. You don’t have to look too far down the organizational charts of large corporations to see titles relating to environmental and social governance (ESG). ESG-oriented investing has experienced a meteoric rise. Global sustainable investment now […]
August 25, 2021 Andy Cagle
Blog

Transparency, not Regulation to Mitigate Supply Chain Finance Risk

Supply chain finance (SCF) offers companies of all sizes options to optimize working capital, reduce costs, and strengthen supply chains – all without putting strain on their suppliers’ capital or overall health. The popularity of these payment arrangements have been buoyed by increasingly sophisticated cloud-based technology solutions that have provided simpler platforms that enable faster, […]
August 18, 2021 Andy Cagle
Blog

Future Proofing Your Supply Chain

I am going to start with an obvious statement:  The COVID-19 pandemic had – and is continuing to have – an unprecedented impact on production and supply chains globally. Very few industries have been spared disruption. If you look at our own portfolio of clients, the magnitude of declines has been anywhere from 10 to […]
August 17, 2021 Andy Cagle
Case Studies

Tech Distributor Uses LSQ to Meet COVID-19-Fueled Demand

When Andrés Pazmiño started Evolution Global Solutions, an international distributor of computers, appliances, fitness equipment, and home electronics, in 2017, he turned to his brother, a commercial banker, with help to find business financing. “We didn’t have much funding to start the business,” said Pazmiño. “Most of the invoices were part of the customer electronic […]
August 12, 2021 Andy Cagle
News

LSQ Tabs Wen for CTO Role

ORLANDO, FLA. (Aug. 3, 2021) – LSQ, a leading provider of technology-driven working capital solutions, announces the hire of Shawn Wen as its chief technology officer. Wen, a Boston resident, holds a B.S. from Hefei University of Technology, and Master’s degrees from The City College of New York and Northeastern University, At LSQ, Wen leads […]
August 3, 2021 Andy Cagle
Blog

Driving Diversity, Equity, and Inclusion with Supply Chain Finance

For most companies, embracing diversity–in not just words but actions–is a top priority. While becoming more inclusive and equitable takes on many forms, like hiring and promotion practices, many enterprises have identified their supply chain as a facet of their business where they can make real progress toward their diversity, equity, and inclusion (DEI) goals. […]
July 28, 2021 Andy Cagle
Case Studies

NS Hospitality Drives Business Growth with LSQ

Carlos Rivera has been running staffing companies serving the hospitality industry for nearly 20 years. However, a split from his former business partner led him to start a new company, NS Hospitality, in 2017. When getting his new venture off the ground, Rivera knew he needed help. “Our business is like any business out there: […]
July 14, 2021 Andy Cagle
Blog

P-Cards for Procurement? There are Better Options

For more than 200 years, the printed check was central to the operation of a business; they were used to pay employees, rent and mortgages, suppliers, and myriad other financial obligations. However, as technology has advanced and companies look to become more efficient, electronic payments have overtaken the paper check as the preferred method of […]
July 8, 2021 Andy Cagle
Blog

Diversity, Equity, and Inclusion in Supply Chains

While not a new consideration, for the last few years, companies globally have had to reassess the answer to one very difficult question–one that, for many, they haven’t liked the answer to: How diverse, equitable, and inclusive is your business?  While the scope of that question is immense and touches every part of the enterprise, […]
July 1, 2021 Andy Cagle
Case Studies

Ramaco Finds Liquidity, Better Cash Forecasting with LSQ FastTrack

For Lexington, Kentucky-based Ramaco Resources, selling to a large buyer on end-of-accounting-period (EOAP) terms was causing a cash-flow and forecasting nightmare. Their DSO for a shipment at the beginning of the month could potentially be 75 days. “There was a lot of uncertainty in our cash management and planning process,” said Trish Claunch, Manager of […]
June 29, 2021 Andy Cagle
Blog

What is Dynamic Discounting?

In business, everyone wants their money.  Companies that are part of a supply chain are no different. Buyers want to hang on to their money and sellers want to get paid as soon as possible. Competing interests lead to conflicts that can threaten the health and resiliency of the supply chain. But there are solutions; […]
June 24, 2021 Andy Cagle
Blog

Finding the Right Early-Payment Strategy for Your Business

No matter the company–or what side of the buyer/seller dynamic it falls on–liquidity is vitally important. Without working capital, there are no day-to-day operations, employees don’t get paid, facilities aren’t maintained, and there is no more business. While the need to maximize working capital is universal, the fundamental path to doing so is not. Buyers […]
May 25, 2021 Andy Cagle
Blog

8 Things to Look for in a Supply Chain Finance Solution

Supply chain finance (SCF) has become increasingly common among large businesses and their cash-flow-starved suppliers as a way to boost working capital. In fact, according to a 2020 Gartner poll, roughly 23 percent of respondents said their company relied on supply chain finance to bolster cash flow and provide some stability in the pandemic-driven economy. […]
May 18, 2021 Andy Cagle
Blog

What is Supply Chain Finance?

SCF fulfills the basic need of financing the working capital necessary to run any business. When successfully delivered, SCF benefits the entire buyer/seller dynamic and it improves certainty for sellers by providing payments for delivered goods and services earlier than agreed terms with the buyer.
May 4, 2021 Andy Cagle