The building blocks of Lin Chua’s career landed perfectly for her to enter the secured commercial lending space with an innovative business focused on advancements in technology, data analytics and artificial intelligence.
The Secured Finance Foundation announced its new board members and co-chairs for 2022 and noted the board members’ various areas of special attention, ranging from education, fundraising and community development to data and next generation initiatives.
InterNex Capital hired Heather Fidura as a business development officer. Fidura will be based in Tampa, FL, and will focus on generating new business with InterNex’s suite of products, including asset-based lending, invoice finance and term loans.
InterNex Capital was founded by a group of former GE Capital executives and fintech entrepreneurs to bring digitized asset-based lending to the lower mid-market. InterNex Capital brings a “bankable” working capital financing product to small and mid-sized businesses with $1 million to $50 million in revenue. InterNex has blended traditional asset-based lending with new technology.
Digital asset-based lender InterNex Capital raised $3.85 million from family offices and private investors in an oversubscribed seed offering. InterNex was founded by former GE Capital senior executives.