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LSQ

315 E Robinson St Ste 200, Orlando, FL, 32801, United States

Overview

LSQ is a market leader and pioneer in working capital finance and payments solutions, operating the LSQ FastTrack® platform for accounts payable financing and dynamic discounting. For more than 25 years it has combined technology, credit and risk expertise, and proprietary data to serve thousands of businesses and accelerate billions of dollars in payments annually. The company helps customers optimize working capital, automate and accelerate payments, manage collections, and mitigate risk. LSQ was named a formal commercial partner of Esker in December 2021 and is integrated into Esker Pay. Headquartered in Orlando, Florida, LSQ plans to expand operations and commercialize supply chain finance solutions in partnership with Esker. The article reports LSQ accelerates billions of dollars in payments each year but does not provide revenue or user-count figures. LSQ Funding Group provides specialized accounts receivable (invoice) financing to growing companies across the U.S., using proprietary accounts receivable technology to serve customers from small businesses to multi-million-dollar corporations. The company positions itself as one of the country's largest independent accounts receivable financing firms and emphasizes a decade of technology innovation, credit intellectual property, and bank partnerships as differentiators. LSQ intends to use recent capital to accelerate growth and reinvent access to working capital for micro, small, and midsized businesses. Management says the new capital could expand over time to support its growth strategies. LSQ reported growth exceeded 85% in 2014 and, over its twenty years of operating history, has provided more than $10 billion in invoice advances. Founded in 1996 in the Orlando area, the firm offers competitive rates, customized financing arrangements, and personalized service to help clients improve profitability and financial security. LSQ Funding Group provides specialized accounts receivable financing to growing companies across the U.S., using proprietary technology to enable financing at all levels. The company highlights a decade of technology innovation, credit IP, and bank referral partnerships as key differentiators. Over its twenty years of operating history LSQ has provided more than $10 billion in invoice advances and reported growth that exceeded 85 percent in 2014. Management says the firm serves customers from start-ups sending their first invoices to large companies managing complex supply chains. LSQ plans to use new capital to accelerate investment in automation and to extend its capabilities to micro-businesses. The company was founded in 1996 in the Orlando area.

Total raised
$145M
Funding rounds
3
Latest round
Convertible Note
Latest activity
Apr 2022

Industries

  • Finance
  • Financial Services
  • FinTech
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Recent funding

  1. Convertible Note

    Apr 2022

    $5M

  2. Equity

    Jul 2015

    $40M

  3. Equity

    Apr 2015

    $100M

Team