Iron Horse Credit (IHC) closed a $2 million stand-alone inventory revolving line of credit to a CBD wellness retailer. IHC understood the company’s growth projections and provided the necessary liquidity to ramp up inventory procurement.
Iron Horse Credit added Kalli Perez to its team as portfolio manager. Perez has more than 14 years of both account management and underwriting experience.
Iron Horse Credit closed a $6.5 million stand-alone inventory revolving line of credit for an iron foundry and manufacturer. Iron Horse Credit, together with an accounts receivable partner, paid the foundry’s incumbent bank and offered the company additional working capital.
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 standalone inventory revolving line of credit to a safety products 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.
IBC Advanced Alloys secured credit facilities of up to $8 million established pursuant to a credit and security agreement among Iron Horse Credit and certain of IBC’s U.S. subsidiaries and an account sale and purchase agreement among Sallyport Commercial Finance and the subsidiaries.
Iron Horse Credit closed a $6.5 million standalone inventory revolving line of credit for a wine and spirits importer and distributor.