ORLANDO, Fla. (Feb. 9, 2022) – LSQ, a leading provider of working capital financing and payments solutions, recently originated a $30 million credit facility for a Southern California-based security staffing and high-tech security technology company that serves clients across the United States.
The company will use the additional capital to fund growth for its three business entities and to support the hiring of military veterans.
As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management. The company recently outgrew its bank line of credit and was referred to LSQ by a Southern California-based partner.
“We are very excited to be working with a company with such high-growth potential,” said Kyle A. Rich, VP, Business Development at LSQ. “We are proud that the partner trusts us enough to make the referral and we look forward to a great, long relationship with the firm as they grow.”
“This client is a great addition to our already expanding portfolio of professional services and staffing clients as we experience strong demand from a wide ecosystem of trusted bank, broker and advisory partners,” said Renee Jackson, LSQ’s National Sales Director.
For deal inquiries, Rich may be contacted by email at [email protected] or by phone at 407.547.2190.
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.