ORLANDO, Fla. (June 30, 2022) – LSQ, a leading provider of working capital finance and payments solutions, recently originated a $1 million credit facility and accounts receivable management program for an international manufacturer and distributor of private label bath, body and home fragrance products.
The company will use the additional capital to grow its geographic footprint in the United States and expand its existing product lines.
As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management. The company was referred to LSQ by a strategic partner.
“It is exciting to work with a company that is coming to the United States after being successful across Africa and Europe,” said Kyle A. Rich, LSQ Senior Business Development Officer. “They have a huge client here and outstanding potential for growth. We are proud to be able to help them and, as always, are thankful for the referral from a great partner.”
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.