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VelocityTerm

Term loans for growth, bridges and acquisitions

VelocityTerm delivers capital up front with installments scheduled around your cash flow. Use it to start a new contract before the invoices exist, bridge a transition or fund an acquisition.

Request a proposal See case studies

At a glance

VelocityTerm

Term Loans
Loan size
Up to $7M
Term
6 to 24 months
Repayment
Weekly or monthly installments
Works with
VelocityLOC and VelocityFlex

Terms are structured around each business and subject to underwriting.

Who it is for

Businesses that need capital ahead of receivables: a new contract, a bridge, a refinancing or a strategic acquisition.

Benefits

Fast, flexible credit that works around you

No receivables needed

Get liquidity even before customer invoices exist, for example to hire and equip for a new contract.

Timed installments

Repay with installments scheduled around your cash flow, weekly or monthly.

Friendly with other lenders

Keep other credit solutions in place alongside your term loan.

Automatic payments

Peace of mind with automatic, on-time payments.

How it works

How VelocityTerm works

  1. 1

    Apply

    Contact us to submit your application and documents.

  2. 2

    Get approved

    Accept your term loan proposal and complete any final information requests.

  3. 3

    Receive funds

    The approved amount is transferred to your bank account in full.

  4. 4

    Repay automatically

    Fixed weekly or monthly payments over 6 to 24 months.

Case studies

Facilities we have put in place

Anonymized examples of how InterNex has structured working capital for B2B companies.

Facility Services Allentown, Pennsylvania

$9MM

Non-Notified Revolving Line of Credit

Scalable Working Capital for a Multi-State Facility Maintenance Provider

A multi-state facility maintenance provider serving large commercial and logistics customers needed scalable working capital to support rapid growth, seasonal demand and expanding operations across 15 states.

Transportation & Logistics Lehi, Utah

$7MM

Non-Notified Revolving Line of Credit

Scalable Working Capital for a Rapidly Expanding 3PL

A fast-growing 3PL spun off from an established trucking and logistics company was too new for its bank, and its largest customers would not work with a factor. InterNex provided…

Business Services & BPO Midwest

$6MM

Non-Notified Revolving Line of Credit

Flexible Working Capital for a Growth-Oriented Full-Service Marketing Firm

A long-established Midwest marketing firm needed a new working capital partner after covenant constraints with its bank began to limit its growth. InterNex provided a $6MM non-notified revolving line of…

All case studies

Getting started

What you need to get started

Send these over and a senior lender will review your file. We aim to return a proposal within 48 hours of a complete file.

Request a proposal

Minimum qualifications

  • B2B business model with creditworthy commercial customers
  • At least two years in business
  • Typically $25 million to $150 million in annual revenue
  • US-based operations

What you need to apply

  • Last three months of bank statements
  • Current accounts receivable aging (30, 60, 90+ days)
  • Debt schedule, including leases and UCC filings
  • Year-to-date and last fiscal year financial statements

FAQ

VelocityTerm questions

More answers on our FAQ page.

Can a term loan sit alongside a line of credit?

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.

What can a term loan be used for?

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

Other solutions

Combine facilities as your needs change

VelocityLOC

Line of Credit

A non-notified revolving line secured by your receivables. Draw same day, repay as customers pay.

Learn more VelocityFlex

Invoice Purchase

Choose which invoices to sell, from approved customers, when it suits you. One fee, no surprises.

Learn more VelocityStretch

Short-Term Advance

An incremental advance on top of your existing line for seasonal peaks, delays and opportunities.

Learn more

Talk to a lender

Request a VelocityTerm proposal

Tell us a little about your business. A senior lender will review it and come back to you within one to two business days.

  • A proposal within 48 hours of a complete file
  • No obligation and no impact on your customers
  • Speak directly with a senior lender, not a call center
(646) 849-1800 600 Mamaroneck Ave, Suite 400, Harrison, NY 10528
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A member of the InterNex team will reply within one to two business days.