$2.5MMNon-Notified Revolving Line of Credit
Traditional banks were not a fit for this global logistics provider because of its fragmented debt structure and existing leverage. InterNex provided a $2.5MM non-notified revolving line of credit that streamlined its capital structure and improved liquidity.
Client snapshot
$2.5MM facility
Client name withheld. Facility limit at closing.
The company had a fragmented debt structure, existing leverage and multiple short-term financing obligations, including merchant cash advance obligations, that were complex to consolidate.
It needed a more scalable working capital solution to support both its international and domestic operations.
InterNex Capital provided a $2.5MM non-notified revolving line of credit that streamlined the company's capital structure, improved liquidity and supported its operations with a more scalable working capital solution.
Logistics businesses that rely on several short-term funding sources often spend more time managing lenders than freight. Consolidating them into one receivables-based line simplifies the capital structure and leaves headroom to grow.
Yes. A receivables-based line of credit can consolidate multiple short-term obligations, including merchant cash advances, into a single facility.
Availability rises as you invoice creditworthy commercial customers, so the facility scales with volume.
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