When Hurricane Ian hit Florida in late September, more than 2.5 million homes and businesses were without electricity throughout the state. Once the danger from the storm subsided, crews quickly got to work assessing the damage and planning...
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November 29, 2022, 06:00 AM
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LSQ expanded its relationship with Wilson Creek Energy by originating a $15 million credit facility for the Pennsylvania-based metallurgical coal producer. The company will use the additional capital to expand their operations and take on new clients...
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September 01, 2022, 07:00 AM
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LSQ originated an $18 million credit facility for a distributor of lighting and ceiling fans serving big-box retailers nationwide. The facility includes both accounts receivable and inventory financing.The company will use the additional capital to...
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August 18, 2022, 07:17 AM
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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...
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July 01, 2022, 07:00 AM
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LSQ announced the acquisition of Qwil, a San Francisco-based fintech company that provides early payments to staffing firms.Founded in 2015 by Johnny Reinsch, Paul Tiplady and Trevor Branon, Qwil provides the contingent staffing market with financial...
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May 26, 2022, 07:40 AM
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LSQ created a $5 million working capital facility and accounts receivable management program for a California-based trucking and logistics company.The company will use the additional capital to support growth and new customer acquisition.In addition...
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May 13, 2022, 07:28 AM
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LSQ funded a $65 million working capital facility for Continuum Global Solutions, a provider of omnichannel contact center services worldwide via voice and non-voice channels such as chat, email, and social media.Continuum will use LSQ’s invoice...
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April 29, 2022, 07:10 AM
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LSQ recently originated a $1.5 million credit facility for a Pennsylvania- based manufacturer of briquettes for the steel industry.The company will utilize the proceeds to increase current production and support future growth.In addition to the...
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April 15, 2022, 07:40 AM
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LSQ announced the hire of DJ Krystopa as its new Regional Vice President for Sales and Bank Partnership Development. In her role, Krystopa, an alumna of La Salle University, is responsible for building strategic relationships with financial...
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March 29, 2022, 07:50 AM
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LSQ originated a $5 million credit facility for a Colorado oil field service company.The company will use the additional capital to fund growth and complete the acquisition of a company offering a complementary service. As part of the partnership...
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March 29, 2022, 07:00 AM
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LSQ recently originated a $5 million credit facility for a Texas-based commodities logistics company.The firm will use the capital to fund growth with several of the country’s largest steel manufacturers. Prior to the new facility, the company had a...
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March 03, 2022, 07:13 AM
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LSQ has forged a partnership with the Michigan Minority Supplier Development Council (MMSDC), a non-profit organization committed to driving economic growth in minority communities, to provide working capital assistance to minority-owned businesses...
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February 15, 2022, 07:06 AM
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LSQ 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...
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February 10, 2022, 07:53 AM
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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...
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January 26, 2022, 07:07 AM
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LSQ announced the origination of a $5 million facility for a European metals recycler entering the U.S. market.The facility will help address the rising demand for metal alloys, allowing the business to purchase property and processing equipment...
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October 13, 2021, 07:14 AM
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LSQ announced the addition of Bill Kirth to the team. Kirth joins LSQ from Euler Hermes technology partner, APiO, where he served as Director and Chief Credit Officer.In his role as Regional Vice President, Kirth will be responsible for expanding...
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August 19, 2021, 07:32 AM
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LSQ originated a $5 million facility for a growing staffing agency in Alabama.The facility helped address several strategic business needs. The agency was able to leverage their current accounts receivable to complete a management buyout— generating...
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July 27, 2021, 07:10 AM
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LSQ announced the origination of two facilities totaling $4.75 million for an existing client.The Pennsylvania-based marketing agency required sufficient cash to execute the acquisition of a business that would expand its capabilities. The business...
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July 20, 2021, 07:16 AM
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LSQ, a leading provider of working capital solutions, announced the origination of a $1.5 million factoring facility for a packaging and distribution business in California.The company specializes in beauty products and required an injection of...
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July 07, 2021, 07:36 AM
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LSQ named Sarah LeBlanc Regional Vice President of sales in the Northeast. Leblanc has spent nearly three years serving as a regional business consultant for LSQ and as an associate for Petros Financial Group before that.“Over the past three years...
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June 21, 2021, 08:05 AM
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LSQ originated a $1 million facility for a high-growth startup in South Florida. The healthcare business was referred to LSQ and required a sustainable solution to improve cash flow related to net 60 billing terms. Southeast Regional Vice President...
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June 15, 2021, 07:10 AM
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LSQ announced the origination of an $11 million credit facility for an award-winning manufacturing company located in the Lone Star State. The manufacturer is scaling and requires a reliable source of working capital via accounts receivable and...
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May 10, 2021, 07:49 AM
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LSQ, a leading provider of technology-driven working capital solutions, announced that the company originated a $7.5 million AR facility, including a $3.1 million payoff to the first position lender, for a resurging marketing services firm. Demand...
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April 09, 2021, 06:00 AM
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TCI Business Capital announced that Tony Dobek has joined the company as senior vice president of business development. In his role, Dobek is responsible for developing referral relationships with finance partners serving clients that could benefit...
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April 20, 2016, 07:50 AM
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RapidAdvance announced that Donna Hinrichs has joined the firm's factoring and asset-based lending group as a strategic partnerships manager. In that role, she joins a growing team dedicated to helping factor and ABL partners provide additional...
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October 22, 2015, 07:33 AM
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LSQ Funding Group, a leading technology-enabled provider of invoice (receivables) financing for small- and midsized businesses, announced that it has received $40 million of capital from Ares Capital Corporation, the largest business development...
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July 07, 2015, 08:02 AM
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LSQ Funding Group, a leading technology-enabled provider of working capital solutions for small- and mid-sized businesses, announced that it has received a capital investment of over $100 million in a transaction led by Lovell Minnick Partners LLC, a...
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April 16, 2015, 08:12 AM
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CV Credit, an innovative finance firm, has appointed T.J. Gill to the position of National Sales Manager. As CV Credit's business expands in the U.S. and abroad, Gill's extensive experience will strategically strengthen the company's position as a...
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October 10, 2014, 07:24 AM
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