Frequently asked questions

InterNex Capital is a US private credit lender based in Harrison, New York. It provides non-notified accounts receivable lines of credit, invoice purchase, short-term advances and term loans to B2B companies, managed through its Velocity cloud platform.

A B2B business model, at least two years in business, US-based operations and creditworthy commercial customers. Most clients have $25 million to $150 million in annual revenue, and facilities typically start at $2.5 million.

No. Lines are non-notified. Customers pay into an account established in your company's name, so nothing changes for them.

No. InterNex underwrites the quality of your receivables, your customers and your management team. Profitability can improve pricing, but it is not a requirement.

No. InterNex does not underwrite on owners' personal credit scores.

The last three months of bank statements, a current accounts receivable aging report, a debt schedule, and year-to-date plus last fiscal year financial statements.

We aim to return a proposal within 48 hours of receiving a complete file. Most facilities close 12 to 15 business days after the term sheet is signed, and draws are then funded the same day.

Yes. InterNex is a secured lender. Lines are secured by your accounts receivable, which is why the quality of your customers matters more than your own balance sheet.

Construction, consumer-facing cash businesses, subscription or recurring SaaS revenue, inventory-only borrowing, international receivables and pre-revenue companies. A small number of US states also have licensing restrictions.

Yes. Accountants, bankers, investment bankers and capital advisors refer clients to InterNex through its partner program and are paid referral fees on funded deals.

No. VelocityLOC is non-notified. Customer payments go to an account established in your company's name, so your customers see no change, receive no notification letters and are never asked to confirm invoices.

Eligible commercial accounts receivable owed by creditworthy US customers. We do not lend against inventory, and subscription or recurring SaaS revenue is not eligible because it is not yet earned.

The structure is covenant-light. There are no leverage ratio or fixed charge tests to report against, and no weekly or monthly borrowing base certificates. What matters is collateral coverage for the amount drawn.

Concentration is not a deal breaker. Where the customer is investment grade and pays consistently, we have provided concentration limits of up to 100%.

We aim to return a proposal within 48 hours of receiving a complete file. Most facilities then close 12 to 15 business days after the term sheet is signed.

With VelocityFlex you choose individual invoices to sell. With a line of credit you borrow against your whole pool of eligible receivables on a revolving basis.

Typically 85% to 90% of the invoice value. The balance is remitted to you, less one agreed fee, once the invoice is paid.

Yes. VelocityFlex can sit alongside a VelocityLOC line or a VelocityTerm loan, and a short-term advance can complement it.

VelocityStretch is designed for businesses with an existing VelocityLOC or VelocityFlex facility.

Seasonal orders, delayed customer payments, high-growth periods and unexpected expenses that temporarily exceed available working capital.

Yes. VelocityTerm integrates with VelocityLOC and VelocityFlex. A common structure pairs a revolving line with a term loan that funds the start-up costs of a large new contract.

Kickstarting new contracts, bridge financing, refinancing, strategic acquisitions and other situational needs, while you keep control of the business and its future earnings.