LSQ Provides $15MM Credit Facility to Food and Beverage Distributor

LSQ originated a $15 million credit facility for a Florida-based food and beverage distributor that provides seafood and beverages to the cruise ship industry and required increased cash flow to help grow its business.

“When the client needed to look for a new source of funding, a bank and broker partner referred them to us,” Chris Collins, Southeast regional vice president for LSQ, said. “Our team worked aggressively to put this deal together and we are thankful for the referral and appreciate the opportunity to support a new client in an exciting industry.”