CURRENT

HQ: Jacksonville, FL
201-696-9011 • ironhorsecredit.com

With a niche focus on standalone inventory finance, Iron Horse Credit partners with companies at every state of the growth cycle to increase purchasing power and improve cash flow.

Iron Horse Credit is a specialty asset-based lender offering inventory-backed lines of credit to retailers, manufacturers, distributors and e-commerce businesses. By solely focusing on inventory, Iron Horse partners with other banks, asset-based lenders and factors to offer tailored lines of credit while maximizing clients’ access to capital.

As an example, in late April, Iron Horse closed a $6.5 million standalone inventory revolving line of credit for an iron foundry and manufacturer. As part of the deal, Iron Horse, together with an accounts receivable partner, paid the foundry’s incumbent bank and offered the company additional working capital.

Iron Horse has continued to evolve and innovate as consumer behavior shifts toward e-commerce, providing small and medium-sized business with access to capital otherwise not accessible through banks or traditional asset-based lenders. In addition, with the continuing disruptions caused by the COVID-19 pandemic and its tangential effects, including supply chain disruptions and rising inflation, Iron Horse has assisted many businesses in procuring inventory through ongoing delays and rising freight costs.

Iron Horse understands the growing pains of a business and the crucial need for inventory to generate the next sale. This can only be achieved through a growth-driven approach without any restrictions due to a company’s lack of accounts receivables. Iron Horse provides facilities of up to $15 million and advance rates of up to 85% of net orderly liquidation value for inventory on-hand and in-transit.

Iron Horse is returning to ABF Journal’s Most Innovative Companies list for the second-straight year after garnering the most reader nominations of any company this year.

“To Iron Horse, innovation means constantly adapting to the ever-changing economy and structuring complex transactions through customized solutions.”