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LSQ Provides $15MM Credit Facility to Food Distributor to Support Growth

January 26, 2022, 07:07 AM
Filed Under: Distribution

LSQ 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 aggressively 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.”

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