InterNex Capital Delivers $4MM Revolving Line to Support Expansion for AI-Powered Logistics Provider
September 1, 2026
Source: InterNex Capital
A fast-growing, venture-backed, New York-based logistics platform and freight broker had a significant working capital need driven by high invoice volumes across a diverse customer base. The client required a flexible financing partner capable of delivering substantial liquidity without restrictive concentration caps or disruptions to their customer relationships. InterNex Capital provided a $4 million revolving line of credit that is covenant-light and is structured with an attractive advance rate, to maximize working capital availability while providing flexibility on customer concentration caps. This structure seamlessly delivers liquidity to fuel continued expansion while maintaining strong customer relationships. The client will be utilizing InterNex's cutting-edge Velocity™ cloud platform for user-friendly and real-time management of their line of credit and accounts receivable.
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