Iron Horse Credit Provides a $1.5 Million Inventory Line of Credit to a Wholesale Distributor of Tile and Natural Stones

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,500,000 stand-alone 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.

As the company projected rapid growth through footprint expansion, IHC was able to provide a reliable inventory-backed facility to achieve its goals. IHC partnered with a trusted A/R lender to provide the company with the necessary structure. 

“We are pleased to welcome this new relationship and be a part of the company’s growth,” commented Cesar Silva, VP, Business Development. “We look forward to working with the client as they continue to expand.”

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.