InterNex Capital provided a $1.5 million line of credit to a Maryland-based company that assists organizations in bringing drug treatments to the market through health research services.
InterNex Capital delivered a $3.4 million VelocityFlex funding solution to a Texas-based technology staffing firm.
InterNex Capital provided a $2 million velocity line of credit and a $550,000 stretch facility to a Florida-based food manufacturer.
InterNex Capital provided a $6 million line of credit to a technology payments company in the financial services industry.
InterNex Capital provided a $1 million debtor-in-possession facility to a bakery products distributor, which pursued bankruptcy protection to manage through the impacts of COVID-19.
InterNex Capital and Utech Global have formed a digital partnership to provide a solution for Utech’s clients to manage their transportation business while optimizing their working capital.
InterNex closed a $2.5 million revolving facility to a Georgie-based transportation and logistics company using AI and historical shipping data to match customers with carriers.
Internex Capital completed five transactions to new clients and upsized facilities to four existing clients for a total of $8.67 million.