InterNex Capital Closes $8,000,000 Line of Credit for Pennsylvania-based Specialty Engineering company

InterNex Capital recently closed an $8,000,000 line of credit for a seven decade old, world-leading Pennsylvania-based Specialty Engineering Contractor who focuses on solutions in glass manufacturing, industrial power generation, and controlled environment agriculture. 
The company was seeking working capital to support its ramp back up after COVID-19 impacted its business in 2020 and needed a lender to provide a financing solution in a compressed time frame as well as provide expanded availability stretch in their post-Covid growth stage.  InterNex’s VelocityTM technology platform integration was critical in delivering a solution that met all the company’s financing needs, data analytics/visibility and enhanced working capital management capabilities.