Fueled by Record Growth over the past decade, Falcone Capital Holdings, LLC Signs $2.5MM Revolving Line of Credit with InterNex Capital

Share Article

Falcone Capital Holdings inked a $2.5MM revolving line of credit with InterNex Capital to fuel its record setting growth of the past decade, while also providing liquidity for strategic acquisitions and capital to the Falcone Companies.

Falcone Capital Holdings, LLC

InterNex’s Velocity platform integrated seamlessly with our ERP platforms...it was a natural fit for our companies

Falcone Capital Holdings, LLC, a holding company of award winning, technology driven international and domestic transportation brands is pleased to announce the signing of a $2.5-million-dollar revolving credit facility with asset based digital lender InterNex Capital. The facility will be used to refinance existing debt as well as provide liquidity and working capital to the Falcone brand of companies.

“The initial facility with InterNex will be utilized for working capital, strategic acquisitions and to fuel our record growth for the past 10 years,” stated John Falcone, CEO and Chairman of the Board at Falcone Capital Holdings, LLC.

“With a tenured record of strong financials, we were fortunate to be able to entertain many traditional and non-traditional lenders. InterNex’s Velocity™ platform integrated seamlessly with our ERP platforms coupled with their customer centric and process driven culture, it was a natural fit for our companies,” specified Falcone.

“The Falcone Companies tenured record of success, technology innovation and current growth trajectory were an immediate attraction for InterNex Capital to become their long term growth partner,” indicated 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) and 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:
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 product suite includes accounts receivable based funding solutions ($250,000 to $10 million) for growth and general working capital needs. Headquartered in New York, NY, with regional offices in Atlanta, GA, Dallas, TX, and Milwaukee, WI.
For more information, please visit: http://www.internexcapital.com LinkedIn Facebook Twitter: @internexcapital

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Falcone
@FalconeCapital
Follow >
Falcone Capital Holdings, LLC
Like >
Visit website