InterNex Capital Provides $4.1MM LOC and Term Loan to Wine and Spirits Company
InterNex Capital closed a $4.1 million line of credit and term loan for a decade-old liquor and wine importer and distributor based in New York. The company sought financing to purchase the assets of two other companies.
InterNex Capital partnered with an inventory lending partner to provide a combined A/R and inventory line of credit. The total financing consisted of a $3 million line of credit and a $1.1 million term loan.