Global Logistics Powerhouse Inks $10 Million ABL Deal
The renewed partnership with InterNex Capital was fueled by two years of record growth across the Falcone Brand of Companies.
ATLANTA, Dec. 2, 2021 /PRNewswire-PRWeb/ -- Falcone Capital Holdings, LLC, a holding company of award winning, technology driven international and domestic transportation brands, is pleased to announce the renewal signing of a $10-million-dollar revolving credit facility with InterNex Capital, LLC. The extended partnership was driven by two years of stellar growth across the entire Falcone Brand of Companies.
"The renewed facility with InterNex Capital will be utilized for working capital, strategic acquisitions and to fund our record-setting growth across the globe," stated John Falcone, CEO and Chairman of the Board at Falcone Capital Holdings, LLC. The Falcone Brand of Companies' flawless history of solid financials enabled the enterprise to once again entertain a myriad of traditional and non-traditional lenders. "InterNex Capital was a natural fit for our companies' due to their customer-centric culture, market competitive rates, and the InterNex Capital Velocity™ platform's seamless integration with our ERP platforms," specified Falcone.
"The Falcone Companies tenured record of success, technology innovation and current growth trajectory were key drivers attracting InterNex Capital to become their long-term growth partner," said Paul DeDomenico, CEO at InterNex Capital.
About Falcone Capital Holdings, LLC:
Headquartered in Atlanta, GA, Falcone Capital Holdings, LLC is a global leader in International and Domestic transportation and logistics. Operating across six continents through our wholly owned subsidiaries and partner offices, the Falcone Brand of companies are synonymous with premium and cutting-edge services across all modes of international and domestic transportation. The Falcone Companies are licensed, bonded and insured through all federal and state agencies including the Federal Maritime Commission (FMC), Federal Motor Carrier Safety Administration (FMCSA), Transportation Security Administration (TSA), Department of Homeland Security (DHS) and is a certified and validated member of the Customs Trade Partnership against Terrorism (C-TPAT). For more information, please visit http://www.falconecapital.com.
About InterNex Capital, LLC:
InterNex Capital is a Digital Asset-Based Lender using technology integrations, real-time analytics and AI to fund small and medium-sized businesses on their Velocity™ platform. InterNex Capital's product suite includes accounts receivable based funding solutions ($250,000 to $10 million) for growth and general working capital needs. InterNex Capital is headquartered in Harrison, NY.
For more information, please visit: http://www.internexcapital.com
Media Contact
John Falcone, Falcone Capital Holdings, LLC, +1 404-772-7799, [email protected]
SOURCE Falcone Capital Holdings, LLC
Share this article