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Iron Horse Credit Provides $6.8MM in Funding Across Multiple Companies
December 18, 2023
Source: Iron Horse Credit LLC
Iron Horse Credit, a leading inventory lender, is pleased to announce $6,800,000 in recent fundings across six existing clients. These line increases will enhance the client’s liquidity going into 2024.
$2,000,000 – Line increase for a manufacturer of agricultural machines and equipment.
$1.500,000 – Line increase for an electronic importer and distributor.
$1,300,000 – Line increase to a manufacturer and distributor of nutritional supplements and drinks.
$1,000,000 – Line increase to a leading developer and manufacturer of industrial and specialized performance copper.
$500,000 – Line increase to an importer and distributor of popular food products.
$500,000 – Line increase to a wholesaler of seasonal and basic décor.
About Iron Horse Credit
Iron Horse Credit LLC is a stand-alone inventory lender providing tailored revolving lines of credit to companies selling B2B and D2C. Our facilities range from $1MM to $10MM backed only by inventory located in the US, in-transit to the US and Canada. Iron Horse prides itself in partnering with A/R Lenders and Factoring companies to provide their clients with additional liquidity backed by inventory in combination with their current facility without any AR-to-inventory ratio restrictions.
For more information about our stand-alone inventory program, you may contact us at 201-696-9011 or info@ironhorsecredit.com.