InterNex Provides $4.5MM Credit Facility to Pharmaceutical Company
InterNex Capital funded a $4.5 million credit facility for a pharmaceutical manufacturer and distributor based in the Southeast. The company sought working capital to expand product development and increase operational liquidity.
InterNex specifically provided a $2.5 million line of credit and a $2 million term loan to fuel growth in the client’s product portfolio and support working capital while the client dedicates more resources to research and development. The company is also utilizing the InterNex Velocity cloud platform for real-time data analytics and working capital management.