Daily News: November 19, 2019

InterNex Provides $1.5MM Revolver to Grocery Importer


InterNex Capital completed a $1.5 million revolving line of credit for a grocery importer.

The company imports and distributes foods from Europe and Asia into the U.S. The company needed working capital to support continued growth and expand customer base.

InterNex provided a flexible revolving line of credit powered by the Velocity technology platform’s real-time borrowing base