Type: News Releases
NEW YORK, September 13, 2016 – Reed Smith LLP represented InterNex Capital, a digital asset-based lender, in securing a funding facility up to $100 million from 400 Capital Management, a structured credit asset management firm. The facility will allow InterNex to provide short term working capital to small and medium-sized businesses seeking loans between $250,000 and $5 million. Founded by commercial lending and fintech veterans, InterNex optimizes underwriting, monitoring, and funding through its integrated technology, data analytics, and credit scoring algorithms.
The Reed Smith team, led by Chicago partner of J. Michael Brown, Jr., included Chicago partner Matthew Petrillo, and Chicago associate. Dan Buoniconti.
Read InterNex’s press release here.
About Reed Smith
Reed Smith is a global relationship law firm with more than 1,700 lawyers in 26 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises. Its lawyers provide litigation and other dispute resolution services in multi-jurisdictional and other high-stakes matters; deliver regulatory counsel; and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, entertainment and media, shipping and transport, energy and natural resources, real estate, manufacturing and technology, and education. For more information, visit reedsmith.com.
U.S.: Century City, Chicago, Houston, Los Angeles, New York, Philadelphia, Pittsburgh, Princeton, Richmond, San Francisco, Silicon Valley, Tysons, Washington, DC, Wilmington
Europe: Athens, Frankfurt, London, Munich, Paris
Middle East: Abu Dhabi, Dubai
Asia: Beijing, Hong Kong, Kazakhstan, Shanghai, Singapore