- $1.75 Million Asset-Based Revolving Line of Credit for Electronics Manufacturer
- Zevra Therapeutics Refinances Existing Debt with up to $100M in Committed Capital under New Credit Facility
- News Detail Share Test
- TAB Bank Completes $46 Million Acquisition of BAMFi’s BAM Capital Division
- Paragon 28 Announces New $150 Million Credit Facility Replacing Existing $90 Million Credit Facility
InterNex Capital Provides $3,400,000 VelocityFlex Funding Solution to Texas Technical Staffing Company
November 18, 2020
Source: InterNex Capital
InterNex Capital provided a $3.4 million VelocityFlex funding solution to a Texas company specializing in technology staffing services to mid to large-cap companies. The company sought a flexible funding solution to pay off their existing debt and provide additional working capital while desiring to only monetize certain current assets without any minimum or guaranteed commitments. The solution allowed the client maximum flexibility to move borrowing up or down in line with their specific needs. InterNex’s proprietary Velocity™ platform enabled simple touchless invoice financing flexibility, while delivering pricing transparency and working capital visibility.
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