Fintech company Bizfi created a partnership with InterNex Capital, an asset-based digital lender, to allow small- to mid-sized businesses in manufacturing, wholesale, trucking, business and consulting services to apply for and access asset-based revolving lines of credit from $250,000 to $5 million.

In addition to InterNex, the Bizfi platform features 45 lenders providing financial options to small businesses in the U.S. Bizfi also acts as a direct lender on the platform.

“Our goal is to provide every small- to mid-sized business with the right product. We saw an uptick in manufacturing, transportation, logistics and other sectors that would benefit from having an asset-based lending option, so we found a partner that could meet this demand,” said John Donovan, CEO of Bizfi.

“We are pleased to be a strategic financial partner of Bizfi as they expand their financial solutions and we are very excited to provide revolving lines of credit up to $5 million for businesses seeking financing through the Bizfi platform,” said Paul DeDomenico, CEO, InterNex Capital. “We share the same vision of providing customers with the optimal financing solutions through an integrated technology platform that can help them develop and grow their businesses.”