LSQ Provides $30 Million Facility, AR and Credit Management Program for California Staffing/Technology Firm

February 9, 2022

Source: LSQ

ORLANDO, Fla. (Feb. 9, 2022) - LSQ, a leading provider of working capital financing and payments solutions, recently originated a $30 million credit facility for a security staffing and high-tech security technology company that serves clients across the United States.

The company will use the additional capital to fund growth for its three business entities and to support the hiring of military veterans.

As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management. The company recently outgrew its bank facilities and was referred to LSQ by a Southern California-based partner.

“We are very excited to be working with a company with such high-growth potential,” said Kyle A. Rich, VP, Business Development at LSQ. “We are proud that the broker trusts us enough to make the referral and look forward to a great, long relationship with the firm as they grow.”

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.

 

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