Iron Horse Credit recently funded $6.8 million in transactions across six existing clients. These line increases will enhance the client’s liquidity going into 2024. The transactions included:
- $2 million – Line increase for a manufacturer of agricultural machines and equipment
- $1.5 million – Line increase for an electronic importer and distributor
- $1.3 million – Line increase for a manufacturer and distributor of nutritional supplements and drinks
- $1 million – Line increase for a developer and manufacturer of industrial and specialized performance copper
- $500,000 – Line increase for an importer and distributor of food products
- $500,000 – Line increase for a wholesaler of seasonal and basic décor
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