Small and medium-sized businesses (SMBs) often face a familiar challenge: cash flow gaps that can stall operations, delay growth, or jeopardize their survival. Traditional banks, with their lengthy approvals and rigid credit standards, frequently leave these businesses waiting for weeks or months just to access necessary liquidity. Enter InterNex Capital, a Harrison, New York–based digital lender that has emerged as a game-changer in working capital financing. Founded in 2015, InterNex has built a platform designed to bridge these gaps, combining technology, data analytics, and real-time monitoring to deliver fast, flexible financing solutions to SMBs across industries.
InterNex Capital specializes in offering revolving lines of credit, invoice purchase programs, and short-term advances. Through its proprietary Velocity™ platform, the company provides business owners with insights into cash flow patterns, borrowing capacity, and accounts receivable performance, all while reducing the time and complexity typically associated with lending. With funding capabilities ranging up to $10 million, InterNex allows SMBs to maintain payroll, manage inventory, and seize growth opportunities without waiting for traditional financial institutions.
Over the years, InterNex has delivered more than $3 billion in funding to clients, including recent high-profile facilities such as a $10 million revolving credit line for a growth-stage business and a $9 million facility supporting a weather-readiness company. This success highlights a broader trend in financial services: digital lending platforms are increasingly filling the gaps left by traditional banks, offering speed, flexibility, and intelligence that align with the operational realities of modern SMBs.
The Rise of Digital Lending for SMBs
Small and medium-sized businesses are essential engines of economic growth, yet many struggle to access financing in a timely manner. Traditional lenders often rely on outdated processes and manual underwriting, which slows approvals and limits flexibility. InterNex Capital and similar fintech lenders have emerged to address these shortcomings, offering technology-driven solutions that streamline the lending process.
By integrating advanced analytics and real-time data monitoring, InterNex allows businesses to access capital faster than traditional banks. Its platform can evaluate creditworthiness based on actual accounts receivable and cash flow data rather than relying solely on historical financial statements. This shift enables SMBs to draw funding when they need it, ensuring operational continuity and growth even during periods of financial strain.
Moreover, InterNex’s approach highlights a larger industry trend: the digital transformation of commercial finance. By embedding business intelligence and analytics into the lending process, fintech platforms provide not only funding but also strategic insights into financial performance. For SMBs, this dual benefit — liquidity plus intelligence — can mean the difference between stagnation and growth.
Company Overview and Founding Vision
Founded in 2015, InterNex Capital was created by a team of commercial lending and fintech experts who recognized a significant gap in SMB financing. Many small businesses were either underserved by traditional banks or faced prohibitive timelines and conditions that limited their ability to leverage capital effectively. InterNex’s founders sought to bridge this gap with a platform that could deliver speed, flexibility, and transparency while maintaining robust risk management.
The company’s early strategy included securing partnerships and funding arrangements to ensure sufficient capital for client loans. By aligning with institutional investors, InterNex was able to scale rapidly and support a growing portfolio of SMB clients. The firm positioned itself not merely as a lender, but as a strategic partner for businesses, emphasizing tools and insights that would help clients understand their financial health and make informed borrowing decisions.
InterNex’s technology-first approach, embodied in its Velocity™ platform, set it apart from both traditional lenders and emerging fintech competitors. Its mission is to make working capital accessible, actionable, and intelligent — a vision that has guided product development and market expansion from day one.
Core Products
InterNex Capital’s product suite is tailored to meet the varying needs of SMBs, leveraging the Velocity platform to provide flexible, data-driven financing.
VelocityLOC
VelocityLOC is a revolving line of credit secured against accounts receivable. Businesses can draw funds as invoices are issued, then repay and redraw as cash is collected. The platform ensures minimal disruption to customer relationships by keeping transactions confidential, and the line’s flexibility allows businesses to manage cash flow effectively.
VelocityFlex
For businesses preferring transactional financing over a revolving line, VelocityFlex enables invoice purchase. Companies can sell selected invoices for immediate cash, typically receiving 85–90% of invoice value upfront. This solution is ideal for SMBs that need liquidity without committing to long-term credit agreements.
Velocity Stretch
Designed for urgent or short-term needs, Velocity Stretch provides advances to cover unexpected expenses or bridge temporary cash flow gaps. This product demonstrates InterNex’s commitment to responsive, client-focused solutions that align with the unpredictable realities of small business operations.
The Velocity platform integrates all three products into a single dashboard, offering real-time insights into cash flow, borrowing limits, and accounts receivable performance. This integration allows businesses to make informed funding decisions quickly, reducing reliance on cumbersome manual processes.
Funding Milestones and Market Impact
Since its founding, InterNex Capital has grown steadily, raising approximately $111.4 million in total funding. This capital has allowed the company to deliver over $3 billion in loans to SMB clients across a range of industries. Notable recent deals include a $10 million revolving line of credit for a growing firm and a $9 million facility for a weather-readiness services company.
These milestones underscore InterNex’s ability to serve the nuanced needs of businesses that require timely, flexible financing. By structuring loans and lines of credit that reflect cash flow realities, InterNex has enabled clients to maintain operations, pursue expansion, and weather unexpected financial challenges.
The broader impact of InterNex’s approach is significant. By democratizing access to working capital through digital platforms, the company is reshaping the lending landscape for SMBs, challenging traditional banks, and setting a standard for speed, transparency, and intelligence in commercial finance.
Challenges and Considerations
While digital lending platforms like InterNex offer clear advantages, they also face challenges. Lending against receivables requires careful risk assessment, particularly in volatile markets. SMBs may also require support to interpret data and analytics provided by platforms like Velocity, ensuring that rapid access to capital does not lead to mismanagement or overleveraging.
Regulatory considerations are another factor. Unlike banks, digital lenders operate under different rules, which can create both opportunities and risks. As fintech lending matures, balancing innovation with prudent risk management remains a central challenge for InterNex and similar firms.
Conclusion
InterNex Capital exemplifies the potential of technology-driven lending to empower small and medium-sized businesses. Through its Velocity platform and suite of flexible financing products, the company has demonstrated that working capital can be both fast and intelligent, providing SMBs with the liquidity needed to thrive in dynamic markets.
While challenges remain — from risk management to data interpretation — InterNex’s growth and impact underscore the transformative potential of fintech in reshaping access to business credit. For SMBs navigating complex financial landscapes, InterNex offers not just capital, but insight and flexibility, illustrating a new paradigm in small business financing.
FAQs
What is InterNex Capital?
A digital lender specializing in working capital financing for small and medium-sized businesses through lines of credit, invoice purchases, and short-term advances.
When was InterNex Capital founded?
The company was founded in 2015 in Harrison, New York, by experienced professionals in commercial lending and fintech.
What products does InterNex offer?
Its main products are VelocityLOC (lines of credit), VelocityFlex (invoice purchases), and Velocity Stretch (short-term advances).
How does the Velocity platform help businesses?
Velocity provides real-time cash flow insights, automated underwriting, and management tools for fast, flexible funding decisions.
How much funding has InterNex Capital delivered?
InterNex has provided over $3 billion in financing to SMBs and raised approximately $111.4 million in total capital.
