LSQ Delivers $10MM to Growing Amazon Vendor

LSQ recently originated a $10 million factoring credit facility within an expedited timeline for a thriving Amazon vendor. The business, which reported 2x year-over-year sales growth, experiences seasonal boosts in demand for their numerous fitness, health, and recreational products.

By leveraging invoice financing to increase working capital, the vendor will now have sufficient liquidity to more strategically capitalize on seasonal opportunities and also expedite payments to suppliers without narrowing their cash position.

LSQ Regional Vice President of Sales, Chris Collins, commented “LSQ's team responded quickly to meet the client's short timeline to access the working capital needed to pay the vendor before Chinese New Year. The accelerated funding process provided the financial support to the client to ensure that they remain an integral buyer with the vendor to meet their customers e-commerce product demands.”

Offering invoice financing and supply chain finance solutions, LSQ has helped thousands of companies access $25 billion in its 25 years in business.

Learn more at www.lsq.com.