ORLANDO, Fla. (April 14, 2022) – LSQ, a leading provider of working capital financing and payments solutions, recently originated a $1.5 million credit facility for a Pennsylvania-based manufacturer of briquettes for the steel industry.
The company will utilize the proceeds to increase current production and support future growth.
In addition to the working capital, LSQ will also provide the manufacturer with comprehensive accounts receivable and customer credit management.
“It’s always exciting to work with a new client, learn their business, and find creative ways to help them grow,” said LSQ Regional Vice President D.J. Krystopa. “We are thankful the company has put their trust in us and to the partner for working with us to make this happen for the client.”
For deal inquiries, contact DJ Krystopa at [email protected] or 215.350.3839.
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.