InterNex Capital Issues $4.1MM Line of Credit and Term Loan to Wine & Spirits Company

InterNex Capital recently closed a $4.1MM line of credit and term loan for a decade-old liquor and wine importer and distributor based in New York.  The company sought financing to purchase the assets of two other companies.

InterNex Capital partnered with an inventory lending partner to provide a combined AR and inventory line of credit. The company received a $3MM line of credit and a $1.1MM term loan from InterNex.