InterNex Capital provided five facilities by Velocity, InterNex’s underwriting and business analytics platform, to new clients. Brief details of the transactions are:

  • $2 million revolving line of credit to a New York bread wholesale and distribution company
  • $750,000 revolving line of credit to a New York sporting goods manufacturing company
  • $500,000 revolving line of credit to an Arizona commercial printing company
  • $1.5 million revolving line of credit to an Illinois grocery importing company
  • $500,000 revolving line of credit to a Texas environmental lab testing company

InterNex upsized the following facilities facilities:

  • $1.42 million revolving line of credit to an Illinois grocery distribution company
  • $1 million revolving line of credit to a Missouri transportation company
  • $600,000 revolving line of credit to a New Jersey marketing and advertising company
  •  $400,000 revolving line of credit to an Illinois freight transportation company