# LQD Business Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lqd-business-finance

- Industry: Business Support Services
- Headquarters: Chicago, US
- Website: www.lqdfinance.com
- Latest round: Series A (Jul 21, 2016)
- Investors on record: 1

## About

LQD Business Finance provides customized financing solutions for lower-middle-market businesses, focusing on structured loans and growth capital to facilitate operational enhancements and expansions.Founded in 2010 by George S in Chicago, US, LQD Business Finance offers tailored financing solutions for businesses. The company has engaged in 2 deals, with their most recent deal occurring on July 21, 2016, when they raised USD 30.00 mn in a VENTURE DEBT round from Route 66 Ventures.LQD Business Finance primarily offers tailored financing solutions designed to cater to the unique needs of lower-middle-market businesses. Their core products include structured business loans, growth capital, accounts receivable financing, inventory financing, and equipment financing. By leveraging a tech-enabled platform, LQD provides a streamlined financing process, facilitating prompt capital for growth opportunities, company expansions, acquisitions, and operational enhancements across various industries throughout the United States.LQD Business Finance generates revenue through structured lending transactions tailored to meet the specific financing needs of its clients. The company engages in direct B2B relationships with businesses seeking growth capital, often providing loans of up to USD 10 mn that can be underwritten and funded within 30 days. Each transaction typically entails a comprehensive assessment of the client's financial health and operational requirements, leading to the creation of a custom financing structure. LQD’s pricing model aligns costs with the specific products and services provided, reinforcing its commitment to building long-term relationships with clients for revenue growth.LQD Business Finance plans to launch new financing products designed specifically for emerging industries and expects to release these by the end of 2023. The company aims to expand its presence into New York and Los Angeles by mid-2024. The recent funding of USD 30.00 mn will support these initiatives, bolstering their capacity to develop and market new products while enhancing their operational capabilities.

## Funding rounds

- Series A, Jul 21, 2016 — Fintech Ventures Fund

## Investors

- Fintech Ventures Fund (https://capitalatlas.ai/funds/fintech-ventures-fund) — Series A
