InterNex Provides $600,000 Credit Facility to Cookie Manufacturer
October 12, 2022
Source: InterNex Capital
InterNex Capital provided a $600,000 revolving line of credit to a historic, brand-name cookie baker in the Rocky Mountain region. As the 40-year-old manufacturer’s sales began to normalize post-pandemic, the company experienced stretched liquidity due to a recent manufacturing expansion. The company required new capital to fulfill its increased purchase orders and to restructure its debt to free up cash for operations.
The $600,000 line of credit from InterNex supports the company’s sales growth and refinances existing debt.
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