InterNex Capital
InterNex Capital is a digital asset-based lender that provides short-term working capital financing — revolving lines of credit, invoice purchase, short-term advances, and term loans — to U.S. B2B small and mid-sized businesses with $10M–$100M in annual revenue, delivered through its proprietary Velocity™ cloud platform.
- Company typePrivate
- Founded2015
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What InterNex Capital does
InterNex Capital is a U.S.-based digital asset-based lender founded in 2015 and headquartered in Harrison, New York. The company provides short-term working capital financing to small and mid-sized U.S. B2B businesses with $10 million to $100 million in annual revenue, targeting sectors where accounts receivable cycles create liquidity gaps not well served by traditional banks. Its product suite comprises four offerings delivered through a unified platform: VelocityLOC (a revolving line of credit secured by accounts receivable), VelocityFlex (invoice purchase with 85–90% advance rates), VelocityStretch (incremental short-term advances), and VelocityTerm (term loans up to $1 million with 6–24 month repayment). All products are accessed via the proprietary Velocity™ cloud-based platform, which provides real-time AR analytics, dashboards for tracking customer payment performance, and integrated line-of-credit monitoring.
The business model combines transaction-based pricing (fees and discount rates tied to facility usage and invoice purchase) with subscription-like recurring relationships through the revolving LOC. Go-to-market is sales-led, using direct online applications, an inside sales team, and a partner referral network targeting accountants, business advisors, and consultants. Customer concentration is spread across diverse industries including IT staffing, BPO, consumer goods, civil engineering, and freight brokerage, with featured facilities ranging from $4 million to $7 million. Approval timelines are marketed at as fast as one day for term loans and same-day funding for LOC draws.
Leadership is anchored by veterans of GE Capital, NYSE, and major law firms: CEO Paul DeDomenico previously built GE Capital's global AR financing platform to over $10 billion of assets, and President Lin Chua was a Managing Director at GE Capital with structured finance and capital markets experience. The firm is privately held with 1–10 disclosed employees and has raised approximately $107.5 million across five funding rounds between 2015 and 2018, the largest being a $100 million round in August 2016.
InterNex Capital firmographics
Firmographics- Name
- InterNex Capital
- Legal name
- InterNex Capital, LLC
- Website
- https://internexcapital.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- InterNex Capital is a digital asset-based lender that provides short-term working capital financing — revolving lines of credit, invoice purchase, short-term advances, and term loans — to U.S. B2B small and mid-sized businesses with $10M–$100M in annual revenue, delivered through its proprietary Velocity™ cloud platform.
- Ownership category
- akta.pro rank
InterNex Capital industry classification
Industry- Product category
- Commercial Lending
- NAICS
- Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Asset-Based Lending (ABL) (FSANADAD)
Keywords
Where InterNex Capital is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
InterNex Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Line of Credit (VelocityLOC): Flexible revolving line of credit secured by accounts receivable, aligning loan repayment with customer payment terms. Provides immediate liquidity for business investment and growth.
- Invoice Purchase (VelocityFlex): Versatile invoice purchase solution allowing businesses to sell approved customer invoices. Advances 85-90% of invoice value upfront, with remainder remitted upon payment less a fee.
- Short Term Advance (VelocityStretch): Incremental short-term advance complementing existing line of credit or flex facilities, designed to bridge temporary liquidity gaps for unexpected expenses, delayed payments, seasonal orders, or high growth periods.
- Term Loans (VelocityTerm): Dynamic term loan delivering immediate liquidity with flexible installment payment options over 6 to 24 months, tailored to business cash flow. Covers new contracts, bridge financing, and strategic acquisitions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | VelocityTerm - Term Loans up to $1 Million |
| Transaction based/ take rate | Pay-as-you-go | VelocityFlex - Invoice Purchase $1 - $15 Million |
| Transaction based/ take rate | Pay-as-you-go | VelocityStretch - Short Term Advance $1K - $1 Million |
| Subscription | Pay-as-you-go | VelocityLOC - Line of Credit |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
InterNex Capital product offering
Product offeringCore offering
InterNex Capital is a digital asset-based lender that provides short-term working capital financing to small and mid-sized businesses. The company leverages its proprietary Velocity™ platform to underwrite and deliver funding, enabling borrowers to use business assets such as accounts receivable, inventory, and equipment as collateral for short-term capital needs.
Product overview
InterNex Capital offers a unified platform called Velocity™ that provides flexible financing solutions for small to medium-sized B2B businesses. The core products include VelocityLOC (revolving line of credit secured by accounts receivable), VelocityFlex (invoice purchase/accounts receivable financing), VelocityStretch (short-term advance), and VelocityTerm (term loans up to $1 million). All products integrate with the Velocity™ cloud platform for real-time analytics, dashboard management, and working capital monitoring. The platform enables businesses to access on-demand liquidity while managing their accounts receivable and credit facilities through an intuitive digital interface.
Differentiator
Problem solved
Functional benefit
Products and services
- Asset-Based Working Capital Loans
- Velocity™ Lending Platform
Quantifiable outcome
- 1 day approval for term loans up to $1 million
- +3 more outcomes
Companies that use InterNex Capital
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles1 record
InterNex Capital technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
InterNex Capital partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
InterNex Capital competitors and assessment
Company assessmentDirect peers
- BlueVine: BlueVine is a digital ABL platform offering invoice factoring, lines of credit, and term loans to SMBs. It is the most direct peer to InterNex given overlapping product set (AR-secured LOC, invoice purchase), SMB target customer, and digital-first delivery model.
- Fundbox: Fundbox provides invoice financing and working capital lines of credit to small businesses via a digital platform. Comparable to InterNex's VelocityFlex and VelocityLOC products in both structure and SMB target market.
- altLine by TAB Bank: altLine is the SMB-focused ABL arm of TAB Bank, offering invoice factoring, purchase order financing, and AR-secured lines of credit. Directly comparable to InterNex in product mix and mid-market SMB focus.
- Currency: Currency (formerly Fundation) provides working capital lines of credit and term loans to SMBs via a digital platform. Overlaps with InterNex's target segment of $10M-$100M revenue businesses and AR-based underwriting approach.
- OnDeck Capital: OnDeck (now part of Enova) provides short-term working capital loans and lines of credit to SMBs. Comparable to InterNex's VelocityTerm and VelocityStretch products in loan size, speed, and customer segment.
- Crest Capital: Crest Capital provides equipment financing and working capital solutions to SMBs. Comparable on the term-loan and short-term advance side of InterNex's product suite, particularly for businesses with $1M+ revenue.
- Rapid Finance: Rapid Finance offers small business loans, lines of credit, and SBA loans through a digital platform. Comparable to InterNex in SMB working capital focus, though with a heavier SBA lending tilt.
- Behalf: Behalf provides short-term working capital and financing to SMBs, often structured around receivables and merchant cash advance mechanics. Overlaps with InterNex on short-term advances and AR-backed facilities.
Emerging players
- Liber: Liber is a newer SMB-focused fintech offering credit lines and working capital tools with an embedded-finance orientation. Comparable to InterNex in SMB credit focus and digital delivery, though at earlier stage and smaller scale.
Broad incumbents
- Brex: Brex is a larger fintech providing corporate cards, banking, and increasingly working capital products to SMBs and mid-market companies. Adjacent competitor as it expands into AR-backed and SMB credit offerings beyond its core card business.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
InterNex Capital social profiles
Digital presenceInterNex Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
InterNex Capital leadership team
Management profileNumber of profiles
Profiles1 record
InterNex Capital funding detail
Funding detailFunding overview
Funding rounds6 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InterNex Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about InterNex Capital
What does InterNex Capital do?
InterNex Capital is a digital asset-based lender that provides short-term working capital financing to small and mid-sized businesses. The company leverages its proprietary Velocity™ platform to underwrite and deliver funding, enabling borrowers to use business assets such as accounts receivable, inventory, and equipment as collateral for short-term capital needs.
Is InterNex Capital a public or private company?
InterNex Capital is a private company. It is classified as unknown and is currently operating.
When was InterNex Capital founded?
InterNex Capital was founded in 2015. It employs 1 to 10 people.
Where is InterNex Capital based?
InterNex Capital is headquartered in New York, United States, in the North America region.
How does InterNex Capital make money?
Four revenue lines are on record. Line of Credit (VelocityLOC) is the primary driver. The others are invoice Purchase (VelocityFlex), short Term Advance (VelocityStretch) and term Loans (VelocityTerm).
Who are InterNex Capital's main competitors?
Direct peers on record are BlueVine, Fundbox, altLine by TAB Bank, Currency, OnDeck Capital, Crest Capital, Rapid Finance and Behalf. Liber is listed as an emerging player. Brex is listed as a broad incumbent.
Does InterNex Capital have an API?
No public API is recorded for InterNex Capital.
What industry is InterNex Capital in?
InterNex Capital's product category is Commercial Lending. Its primary akta.pro industry code is FSANADAD, Asset-Based Lending (ABL). Its NAICS code is 52222 and its SIC code is 6153.