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Home News

InterNex Closes Two Transactions Totaling $400K

byABF Journal Staff
September 12, 2018
in News

InterNex Capital completed two transactions totaling $400,000.

InterNex provided a $300,000 purchase invoice facility to a consulting company that has been in operation for more than 20 years. The company required working capital for growth and new initiatives. InterNex provided a more flexible and scalable working capital solution.

A healthcare product and services firm that offers testing solutions to the medical field also required working capital to support growth. InterNex was able to provide a scalable $100,000 line of credit for the company’s growth objectives, which include the ability to process line increase requests within 24 hours, enabling an effective and timely support of anticipated near-term new customer additions

InterNex Capital is a digital lender which provides accounts receivable revolving lines of credit from $250,000 to $10 million to small and mid-sized businesses.

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