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InterNex Capital Announces $5 Million Facility to Business Process Outsourcing Company
March 12, 2024
Source: InterNex Capital
InterNex Capital provided a $5 million revolving line of credit to a leading Business Process Outsourcing (BPO) company in the call center space, focused on the tech sector. The BPO company sought an innovative lender that was understanding of the billing cycles in the technology sector and could provide flexibility as AR concentrations shifted between customers.
InterNex provided a $5 million line of credit and concentration flexibility to accommodate growth opportunities with investment-grade customers. The BPO company is using InterNex’s cutting-edge Velocity™ cloud platform for user friendly and real-time working capital management.
