Iron Horse Credit Provides a $12,000,000 Stand-Alone Inventory to a Plant Nursery and Distributor

January 20, 2020

Source: Iron Horse Credit

Iron Horse Credit (IHC) is proud to announce that it has completed a $12,000,000 stand-alone inventory facility to a plant nursery and distributor that primarily sells to home and hardware stores, big box retailers and grocery stores.

IHC’s ability to provide a flexible and tailored credit facility enhances the client’s liquidity by additional availability against its inventory while reducing its cost of funds. The additional capital will enable the client to purchase raw material, pay down its vendors and take on new orders to achieve its projected growth.

About Iron Horse Credit

Iron Horse Credit is a specialty finance company providing tailored Stand-Alone Inventory Revolving Line of Credits to small and medium-sized companies. We pride ourselves in working with other commercial lenders to provide their clients with additional liquidity by leveraging their Inventory in combination with their current facility.

Contacts at Iron Horse Credit

Carlos Gomez
VP, Underwriting
201-210-8202
c.gomez@ironhorsecredit.com

Cesar Silva
VP, Business Development
201-210-8541
c.silva@ironhorsecredit.com
  

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