$2MMNon-Notified Revolving Line of Credit
A fast-growing New York technology consulting firm scaled from $1.5MM to over $6MM in revenue but needed a working capital solution that could keep pace with milestone-based billing, limited operating history and continued expansion.
Client snapshot
$2MM facility
Client name withheld. Facility limit at closing.
The firm's rapid growth outpaced its working capital. Milestone-based billing meant cash arrived in uneven blocks, and a limited operating history narrowed its options with traditional lenders.
It was also carrying merchant cash advance obligations, an expensive form of short-term financing that made the cash flow gap harder to manage.
InterNex Capital delivered a $2MM non-notified revolving line of credit with an 85% advance rate on eligible receivables, providing flexible liquidity to support project delivery, preserve client relationships and fuel ongoing growth.
Consulting firms invest in people and delivery long before a milestone invoice is paid. A non-notified accounts receivable line converts invoices to commercial clients into working capital, so growth is not held back by billing cycles.
In many cases, yes. A line secured by receivables owed by creditworthy commercial customers can refinance merchant cash advance obligations into one facility with a more predictable cost.
No. The facility is non-notified, so clients continue to pay you as they do today.
More case studies
$3MM
Non-Notified Revolving Line of Credit
A well-established technology staffing firm generating approximately $20MM in annual revenue needed a more flexible working capital solution to support extended payment terms, project-based billing and a complex capital structure.
$9MM
Non-Notified Revolving Line of Credit
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.
$7MM
Non-Notified Revolving Line of Credit
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…
Talk to a lender
Tell us about your business and your receivables. A senior lender will come back to you within one to two business days.