InterNex Capital Provides $1MM Facility to Staffing Company

InterNex Capital provided a $1 million facility consisting of a revolving line of credit and multi-draw term loan to a staffing company based in New York. The company sought a broader capital solution beyond factoring, greater flexibility and a relationship with a lending partner who understood the company’s business and needs. The company has also integrated with the InterNex Velocity cloud platform for accounts receivable management, real-time data analytics and working capital management.