Iron Horse Credit Provides a $1 Million Inventory Line of Credit to a Georgia-based Marble and Granite Slab Distributor
May 30, 2023
Source: Iron Horse Credit (“IHC”)
Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,000,000 stand-alone inventory revolving line of credit to a Georgia-based marble and granite slab distributor. The family-owned company has been self-funded since inception and sought out Iron Horse Credit as their debt finance lender and pay off a recent high-interest rate loan taken out earlier in 2023. This will help the son take over his father’s position to align with their anticipated growth.
“Working with new borrowers is always exciting, an educational experience for the lender and ‘lifesaver’ for the borrower. Helping them through this process was a pleasure and Iron Horse is excited to work with the company and watch their success.”
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 $10MM 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.
“Working with new borrowers is always exciting, an educational experience for the lender and ‘lifesaver’ for the borrower. Helping them through this process was a pleasure and Iron Horse is excited to work with the company and watch their success.”
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 $10MM 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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