LSQ Creates $12MM Invoice Finance Facility for Minnesota-based Apparel Company
December 9, 2024
Source: LSQ
ORLANDO, Fla. (December 9, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated a $12 million accounts receivable credit facility for a Minnesota-based apparel company.
As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management. The facility is the product of a new collaboration between LSQ and a strategic fintech partner.
“This new facility is the culmination of several factors coming together,” said LSQ VP of Working Capital Solutions Amarish Kapadia, “and further proof that through our partnership network and LSQ’s resources, we can provide funding options to meet a variety of liquidity needs for companies of all sizes.
“I am looking forward to helping this company continue to grow, support American job creation and serve an expanding market.”
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.