Iron Horse Credit Provides a $3 Million Inventory Line of Credit to an E-Commerce Retailer of Bedding and Loungewear

Iron Horse Credit (“IHC”), a leading stand-alone inventory lender, is pleased to announce the closing of a $3,000,000 stand-alone inventory revolving line of credit to an e-commerce retailer of bedding and loungewear.

As a fourth-generation family involved in the textile industry, the client has developed a product of fabric blends that are radically soft, durable, and practical.  With a focus on creating a product that is sustainable and eco-friendly, its design is intended to keep waste to a minimum and be easily reusable. The company has experienced remarkable growth the last couple of years, close to tripling its sales in 2021.

Introduced by a trusted referral partner, the company looked to IHC to provide a tailored stand-alone inventory line of credit. Proceeds of the facility will allow the company to continue procurement of inventory to support ongoing demand.

“We are pleased to welcome this new relationship that has shown exponential growth,” commented Cesar Silva, VP, Business Development. “We look forward to providing the company with the capital needed to meet its goals.”

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.