Iron Horse Credit closed a $2 million inventory line of credit for a truck, trailer and hitch distributor.
The company came to Iron Horse looking for first-time financing when the son of the company’s owner was looking to buy out his father for retirement and bring suppliers current after a post-pandemic slowdown. While providing an inventory-heavy revolving line of credit, Iron Horse Credit assisted the client with its goals and provided additional working capital to align with its growth.
