Mobilization costs
New sites need people, equipment and supervision on day one.
Facility Services
Line of credit for facility maintenance and services companies
Facility maintenance, landscaping and snow removal companies win large multi-site contracts and must hire and mobilize before the first invoice is paid. InterNex lends against receivables from large commercial and logistics customers, even when one customer is most of the business.
At a glance
VelocityLOC for Facility Services
- Facility size
- $2.5M to $25M+
- Advance rate
- Up to 85% of eligible receivables
- Customer notification
- None
- Proposal
- Within 48 hours of a complete file
- Case studies
- 1 in this sector
Terms are structured around each business and subject to underwriting.
The challenge
Where working capital gets stuck
Seasonal swings
Snow, landscaping and maintenance revenue peaks at different points of the year.
One very large customer
National warehouse and logistics operators can represent a large share of receivables.
How InterNex helps
A line of credit built around how you bill
Your customers keep paying you exactly as they do today. We lend against what they owe you.
- Scalable lines that grow with new regions and contracts.
- Comfort with concentration in large, creditworthy customers.
- Term loans alongside the line to fund expansion into new markets.
- Same-day draws to keep crews and payroll on schedule.
Case studies
Facility Services facilities we have put in place
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.
FAQ
Facility Services financing questions
Can you finance a facility services company that depends on one major customer?
Yes. InterNex underwrites the collateral first, so receivables from a large, creditworthy customer can support the line even at high concentration.
Can you fund expansion into new states?
Yes. InterNex provided a $9 million non-notified line to a facility maintenance provider operating across 15 states.
Will my customers know I am using InterNex?
No. Lines are non-notified. Customers pay into an account established in your company's name, so nothing changes for them.
Does my business need to be profitable?
No. InterNex underwrites the quality of your receivables, your customers and your management team. Profitability can improve pricing, but it is not a requirement.
Is there a minimum credit score?
No. InterNex does not underwrite on owners' personal credit scores.
Other industries
More sectors we finance
Talk to a lender
Financing for Facility Services
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