ORLANDO, Fla. (May 12, 2022) – LSQ, a leading provider of working capital finance and payments solutions, recently created a $5 million working capital facility and accounts receivable management program for a California-based trucking and logistics company.
The company will use the additional capital to support growth and new customer acquisition.
In addition to the working capital facility, LSQ will provide the company with comprehensive accounts receivable and customer credit management. The trucking company was referred to LSQ by strategic partner DELCO Advisory Group.
“It was a pleasure working with the partner and client on this deal,” said LSQ Senior Business Development Officer Kyle A. Rich. “In my 11 years at LSQ, this was one of the most responsive clients I have worked with so we were able to get them funded in three weeks. We look forward to helping the company achieve its growth goals.”
“LSQ is excited about entering into this partnership and are looking forward not only to continuing to help them grow but helping them operationally as well,” said Emily Lebron, LSQ Senior Underwriter. “Their eagerness to close helped us analyze the risk and get them to the finish line quickly.”
Jeff Delli Paoli, CEO of DELCO Advisory Group, credited the LSQ team for helping to get the deal done so quickly.
“Working closely with the LSQ team was a very positive and pleasant experience,” said Delli Paoli. “They listened to the needs of the client, helped set realistic expectations, and were able to fund within 3 weeks.”
For deal inquiries, contact Kyle A. Rich at 407.595.6063 or [email protected].
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.
About DELCO Advisory Group | delcoadvisorygroup.com
DELCO Advisory Group is a people-centric, data driven consulting firm leveraging multi-vertical expertise in finance, operations, human capital, logistics, business intelligence, and technology. DELCO specializes in assessing growth inhibitors and implementing strategic initiatives that improve bottom-line business performance, optimize talent, and drive operational excellence.