Falcone Capital Holdings, a holding company of transportation brands, renewed its $10 million revolving credit facility with InterNex Capital.

“The renewed facility with InterNex Capital will be utilized for working capital, strategic acquisitions and to fund our record-setting growth across the globe,” John Falcone, CEO and chairman of the board of Falcone Capital Holdings, said. “InterNex Capital was a natural fit for our companies due to their customer-centric culture, market competitive rates and the InterNex Capital Velocity platform’s seamless integration with our ERP platforms.”

“The Falcone companies’ tenured record of success, technology innovation and current growth trajectory were key drivers attracting InterNex Capital to become their long-term growth partner,” Paul DeDomenico, CEO of InterNex Capital, said.