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Lsq Provides $12 Million In Funding For Medical Staffing Firm Supporting Hurricane Ian Relief

Nov 02, 2022•over 2 years ago

Amount Raised

$12 Million

OrlandoFinancial ServicesMobile

Description

When a critical-response organization mobilizes to provide support to communities impacted by a natural disaster, having the funds to make payroll and operate effectively should not be a concern. To help Jacksonville, Florida-based Critical Response Strategies, LLC (CRS) focus on the important work of providing medical staff to assist in the Hurricane Ian relief effort, LSQ recently originated a $12 million accounts receivable finance facility to provide funding for operations and payroll.

Company Information

Company

LSQ

Location

Orlando, Florida, United States

About

LSQ is the leader in working capital finance and payment solutions, combining the fastest and easiest to use platform, on-demand payments, and a data-driven understanding of credit and risk to help businesses and suppliers maximize liquidity and minimize risk. LSQ is a market leader and pioneer in working capital finance and payments solutions. For more than 25 years, LSQ has leveraged innovative technology, credit and risk expertise, and proprietary data to empower thousands of businesses to optimize their working capital, automate and accelerate payments, and mitigate risk. Every year, LSQ accelerates billions of dollars in payments to businesses and their suppliers. LSQ’s mission is to simplify access to working capital so all businesses can obtain the funds they need to grow and thrive. LSQ is headquartered in Orlando, Florida. Learn more at www.lsq.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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