LSQ, a provider of working capital and payments management solutions, originated an accounts receivable credit facility for a Louisiana-based AI software and services company. The company was referred to LSQ by a wealth management partner.

As part of the partnership, LSQ will also provide the company with comprehensive accounts receivable and customer credit management.

“The company is on track for remarkable growth, and the added working capital and services from this facility provide the essential tools to take advantage of available opportunities in the AI software and services sector,” Kyle Rich, senior business development representative at LSQ, said. “We are grateful for the trust placed in us by the referrer and the company as we support their success.”