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.