ORLANDO, Fla. (Jan. 25, 2022) – LSQ, a leading provider of working capital and payments solutions, recently originated a $15 million credit facility to a new client. The client, a Florida-based food and beverage distributor, provides seafood and beverages to the cruise ship industry and required increased cash flow to help grow its business.
“When the client needed to look for a new source of funding, a bank and broker partner referred them to us,” said Chris Collins, LSQ Southeast Regional Vice President. “Our team worked diligently to put this deal together and we are thankful for the referral and appreciate the opportunity to support a new client in an exciting industry.”
For deal inquiries, Collins may be contacted by email at [email protected] or by phone at 561.670.5998 .
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.