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.
InterNex Capital closed three new revolving lines of credit totaling $1.25 million. The company also increased the lines of credit to four current clients.