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The Secured Lender
SFNet's The Deals and Data Issue
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The Lost Art of the Loan Purchase
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Audit Prep: Why a Paperless Approach Makes Sense
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June 26, 2024
Source: LSQ
ORLANDO, Fla. (June 26, 2024) – LSQ, a leading provider of working capital and payments management solutions, recently originated an accounts receivable credit facility for a Louisiana-based AI software and services company.
The company was referred to LSQ by a wealth management partner.
As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.
"The company is on track for remarkable growth, and the added working capital and services from this facility provide the essential tools to take advantage of available opportunities in the AI software and services sector," said Kyle Rich, Senior Business Development Representative at LSQ. "We are grateful for the trust placed in us by the referrer and the company as we support 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.
