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
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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
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