InterNex Provides $4.5 Million Credit Facility to Pharmaceutical Company

InterNex Capital announced the funding of a $4.5 million credit facility for a Southeast US based pharmaceutical manufacturer and distributor. The company sought working capital to expand product development and increase operational liquidity. InterNex provided a $2.5 million line of credit and a $2 million term loan to fuel growth in the client’s product portfolio, and support working capital while client dedicated more resources to research & development. The company is utilizing the InterNex Velocity™ cloud platform for real-time data analytics and working capital management.