Iron Horse Credit Provides $1MM Stand-Alone Inventory Facility to an E-Commerce Retailer and Wholesaler of Sports Eyewear and Accessory Products

Iron Horse Credit is excited to partner with a well-known brand in the sports accessories industry selling in the U.S. and Canada. 

Due to the current market conditions and their impact in the retail space, the company shifted its focus to its e-commerce business. The incumbent asset-based lender reduced the line of credit as the company’s inventory exposure exceeded its accounts receivable balance. Through a referral, Iron Horse Credit partnered with a trusted accounts receivable lender to provide the company with the working capital solution it needed without any AR-to-inventory restrictions.

The proceeds from the revolving stand-alone inventory line of credit will help the company acquire additional inventory for its upcoming peak season, and will provide additional working capital to cover operating expenses.

About Iron Horse Credit

Iron Horse Credit LLC is a specialty finance company providing tailored stand-alone Inventory revolving lines of credit to small and medium-sized companies. We pride ourselves in working with other commercial lenders to provide their clients with additional liquidity by leveraging their Inventory in combination with their A/R facility. Our Lines of Credit range from $500k up to $15MM.

For more information about our Stand-Alone Inventory program, you may contact Cesar Silva at 201-210-8541 or c.silva@ironhorsecredit.com.