Iron Horse Credit Provides a $3.5 Million Inventory Line of Credit to a Wellness and Nutritional Supplements Retailer

September 6, 2022

Source: Iron Horse Credit

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $3,500,000 stand-alone inventory revolving line of credit to an online Wellness and Nutritional Supplements retailer. 

The company has been a pioneer in developing high performance supplements and is actively looking to expand their product offerings.  IHC was introduced to the company by its current asset-based lender. With the intent to maximize the company’s working capital, IHC refinanced the current lender’s inventory exposure which generated additional availability. Its current lender maintained its A/R facility and the company benefited from a joint facility with no suppressed availability due to any inventory-to-accounts receivable restrictions.  The additional working capital will allow the company to continue investing in R&D to roll out new product lines.

With IHC’s tailored inventory finance solution, and partnership with the existing A/R Lender, the company is well positioned to meet its growth targets. 

“I think we all recognize the importance of self-care that incorporates physical and mental health. IHC is very excited to promote and help cultivate this up-and-coming self-care company as they introduce new products and wellness programs.  The company is led by a team of driven, high-level young professionals; it has been a pleasure to work with each one of them to bring this finance facility to fruition.” 

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.

 

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