Who owns lsq funding

Max Eliscu , chief executive officer of LSQ Funding, said his company closed on the deal late last week and that the money will go toward increasing staff and rolling out new automated technology to increase business.

LSQ Funding, which has employees, is one of the country's largest independent accounts receivable financing companies. The business, founded in , provides working capital solutions for small and midsize businesses. The company operates by releasing a business's liquid assets tied up in unpaid invoices by providing advances. Recently, LSQ Funding added seven people to its software development team, but with the large investment from Lovell Minnick, the company will look to hire 17 additional people — seven of which will be for software development.

Eliscu said more people may be hired, but could not say how many yet. The supply chain can drive operational, clinical, and financial health. While the healthcare industry presents many challenges, the FastTrack platform enhances sustainability and delivers efficiency. Improving supply chain performance gives pharmaceutical companies an advantage. FastTrack is a forward-thinking solution, providing access to the capital required for growth. FastTrack provides the tools to help companies optimize their working capital.

By smoothing working capital needs, LSQ gives enterprises the flexibility to reinvest in growth. Latest Deal Type Debt. Financing Rounds 4. LSQ Funding Group General Information Description Operator of a non-traditional financial institution intended to streamline the working capital needs of businesses.

Ownership Status. Privately Held backing. Financing Status. Private Equity-Backed. Primary Industry. Specialized Finance. Other Industries. Consumer Finance. Primary Office. What you see here scratches the surface Request a free trial. Want to dig into this profile?

Request a free trial. HQ Location. Total Raised. Post Valuation. Last Financing Details. Orlando, FL.