InterNex Capital Provides $1.5MM Line of Credit to HVAC Company

Written By Heather Villa

InterNex Capital provided a $1.5 million revolving line of credit to a company that specializing in selling and installing HVAC systems for residential communities. The company also offers repair services. The company was referred by an existing InterNex construction services client.

The company sought working capital financing to enhance its vendor relationships, embark on new projects and make immediate equipment purchases.

The client integrated with the InterNex Velocity cloud platform, utilizing it for accounts receivable management, real-time data analytics and overall working capital management.

Heather Villa
Previous

eCapital Appoints Gladu President and Head of Factoring Group in North America
Next

Banc of California, PacWest Receive Final Regulatory Approval for Merger