InterNex Capital Announces $1.5 Million Facility to Staffing Company

InterNex Capital provided a $1.5 million facility to a Pennsylvania-based staffing company that provides consultants to Fortune 500 companies. 

The client sought to replace their existing combination of small lenders. Additionally, the client needed a working capital partner that could provide more flexible credit limits.

InterNex replaced a combination of small, high-cost lenders with a $1.5 million revolving line of credit to support the company’s current and future growth.

InterNex provided higher credit limits than the client’s previous factor.

The client has integrated with the InterNex Velocity™ cloud platform for their AR management, real-time data analytics, and working capital management.