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LSQ Provides $1.5MM Growth Capital to SC Manufacturing Business

April 30, 2021, 06:00 AM
Filed Under: Manufacturing
Related: LSQ Funding

LSQ originated a $1.5 million facility for a growing South Carolina manufacturing company distributing DIY products to one of the largest home improvement retailers in the U.S.

The client was referred by their commercial banker and brother, who had previous experience with LSQ's invoice financing product and cash management platform.

“LSQ is pleased that the banker who is also the brother of our client recognizes the working capital value we bring to the rapidly growing business on extended credit terms,” commented LSQ’s Southeast Regional Vice President, Chris Collins.

“They both appreciated the manner in which we operate and work with bank referrals along with providing a best-in-class account management portal for ongoing operations.”

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

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