Author
Andy Cagle
Share
ORLANDO, Fla. (May 6, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated twin $1 million accounts receivable finance facilities ($2 million total) for sister software firms offering access management SAAS solutions for numerous industry verticals.
The companies were referred to LSQ by a bank partner. The additional working capital will be used to support new growth and an expanded client base.
As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.
“The companies are poised for expansion, and, with the added working capital and support services provided by these facilities, they now have the capacity to seize the opportunities,” said LSQ Regional Vice President, DJ Krystopa. “We are grateful for the trust they’ve placed in LSQ as their reliable partner, and we value the confidence shown by their bank in our ability to bolster their client’s business.”
LSQ offers (and partners on) myriad financing options, including invoice, inventory, and supply chain finance in facility sizes up to $200 million. We can help companies of all sizes and stages solve for high growth, challenged credits, tripped covenants, high debtor concentrations and bankruptcies.
About LSQ | lsq.com
LSQ is a market leader and pioneer in working capital finance and payments solutions. For more than 25 years, LSQ has leveraged innovative technology, credit and risk expertise, and proprietary data that empowers thousands of businesses to optimize their working capital, automate and accelerate payments, manage collections, and mitigate risk. Every year, we accelerate billions of dollars in payments to businesses and their suppliers through our LSQ FastTrack platform to help them obtain the funds they need to grow and thrive. LSQ is headquartered in Orlando, Florida. Learn more at www.lsq.com.
Stay in the loop
