Iron Horse Credit Provides a $4 Million Inventory Line of Credit to a Leading Manufacturer and Developer of Copper Alloys and Beryllium Castings

Iron Horse Credit (“IHC”), a leading stand-alone inventory lender, is pleased to announce the closing of a $4,000,000 stand-alone inventory revolving line of credit to a leading manufacturer and developer of advanced alloys for the global market with a focus on specialty copper alloys and high-performance beryllium aluminum castings.

The client was introduced to Iron Horse Credit by a trusted partner who, in conjunction with IHC’s inventory facility, provided the client with an A/R line of credit for an aggregate facility of $8,000,000. IHC understood the time sensitivity to close and was able to provide the client with a proposal within a couple of days after receiving the financial package. The proceeds of the facilities allowed the client to pay its prior lender and provide additional working capital to help with the consolidation of its manufacturing plant and support its growth. 

“We are pleased to welcome this new relationship and support the company to take on additional business.” Commented Cesar Silva, VP of Business Development. “The company needed a trusted financial partner that could execute quickly and provide the flexibility needed for their continued growth. We look forward to seeing the company succeed.”

About Iron Horse Credit

Iron Horse Credit LLC is a stand-alone inventory lender providing tailored revolving lines of credit to companies selling B2B and D2C. Our facilities range from $500k to $15MM backed only by inventory located in the US, in-transit to the US and Canada. Iron Horse prides itself in partnering with A/R Lenders and Factoring companies to provide their clients with additional liquidity backed by inventory in combination with their current facility without any AR-to-inventory ratio restrictions.

For more information about our stand-alone inventory program, you may contact us at 201-696-9011 or info@ironhorsecredit.com.