Iron Horse Credit closed a $3.5 million inventory facility to a cell phone and electronics distributor the last week of December. The credit facility will provide the company with additional working capital to cover supplier payments and meet its growth projections.
Iron Horse Credit, an inventory lender, closed a $2.5 million stand-alone inventory revolving line of credit to an e-commerce retailer and wholesaler of athletic mats and flooring tiles.
Iron Horse Credit closed a $1.5 million standalone inventory revolving line of credit to a wholesale distributor of tile and natural stones. The company has a reputable name dating back over a century and offers a one-stop point for both domestic and imported products.
Iron Horse Credit, a stand-alone inventory lender, closed a $3 million stand-alone inventory revolving line of credit to an e-commerce retailer of bedding and loungewear.
Iron Horse Credit closed a $1 million standalone inventory revolving line of credit for an eyewear distributor.
Iron Horse Credit closed a $3 million stand-alone inventory revolving line of credit to a manufacturer and distributor of agricultural equipment, parts and supplies. A referral partner introduced the client to Iron Horse Credit.
Iron Horse Credit closed a $4 million standalone inventory revolving line of credit to a manufacturer and developer of advanced alloys with a focus on specialty copper alloys and high-performance beryllium aluminum castings.
Iron Horse Credit closed a $6.5 million standalone inventory revolving line of credit for a wine and spirits importer and distributor.
Iron Horse Credit hired Kristen Palmer as a business development officer. In her role, Palmer will be responsible for identifying new territories and partnership channels and building new client relationships.
Iron Horse Credit provided a $3 million stand-alone inventory revolving line of credit and Alterna Capital Solutions provided a $2.5 million accounts receivable-based facility to a manufacturer and importer of women’s footwear.