Iron Horse Credit Provides a $2 Million Inventory Line of Credit to a Hydroponic Grow Systems and Nutrients Distributor

March 21, 2023

Source: Iron Horse Credit

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $2,000,000 stand-alone inventory revolving line of credit to a Hydroponic Grow Systems and Nutrients Distributor.  Iron Horse was able to pay off the company’s high-interest notes and provide the California-based entity with the working capital needed to support its growth.  

"It has been a pleasure working with the company through the underwriting process. Iron Horse is thrilled to work with the company and watch them 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 $1MM 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.