Iron Horse Credit closed a $1.5 million stand-alone inventory revolving line of credit for an online pet care and food retailer.
After struggling to identify reliable financing as an online and Amazon seller, the company opted for high-interest debt to support its growth. Iron Horse’s stand-alone inventory revolver helped refinance the company’s current debt and provide additional working capital.
“We are excited to welcome the company and work with them to achieve their financial goals,” Kristen Palmer, business development at Iron Horse Credit, said. “Given our experience lending to online customers as well as Amazon seller, IHC was able to provide a tailored solution.”
