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LSQ Originates $1MM Credit Facility, AR Management Program for International Toiletry Products Manufacturer/Distributor

July 01, 2022, 07:00 AM
Filed Under: Manufacturing
Related: LSQ Funding

LSQ recently originated a $1 million credit facility and accounts receivable management program for an international manufacturer and distributor of private label bath, body and home fragrance products.

The company will use the additional capital to grow its geographic footprint in the United States and expand its existing product lines.

As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management. The company was referred to LSQ by a strategic partner.

“It is exciting to work with a company that is coming to the United States after being successful across Africa and Europe,” said Kyle A. Rich, LSQ Senior Business Development Officer. “They have a huge client here and outstanding potential for growth. We are proud to be able to help them and, as always, are thankful for the referral from a great partner.”

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