LSQ Creates $3MM Invoice Finance Facility for NJ-based Aerospace Manufacturing Firm
May 30, 2024
Source: LSQ
ORLANDO, Fla. (May 30, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey.
The company was referred to LSQ by a former client.
As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.
“The company is set for remarkable growth, and the additional working capital and services from this facility provide the necessary tools to capitalize on available opportunities," said DJ Krystopa, LSQ Regional Vice President. "We appreciate their trust in LSQ as a trusted partner in their success.”
LSQ offers (and partners on) myriad financing options, including accounts receivable, 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.