Iron Horse Credit Continues to Expand Footprint in Canada by Providing a $1,250,000 Inventory Line of Credit to a Luxury Home & Garden Decor Retailer

October 17, 2022

Source: Iron Horse Credit (“IHC”)

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,250,000 stand-alone inventory revolving line of credit to luxury lifestyle home and garden accessories and decor retailer based in Ontario, Canada. 

Having never taken out debt in the past, the owner was in search of a reliable, devoted inventory lender and through their advisory source, IHC was the obvious partner.  IHC was able to provide a tailored inventory revolving line of credit, offering the working capital needed for the borrower to reach their goals and projections.

“It was such a pleasure working with the owner and management of the group,” shared Kristen Palmer. “Everyone worked quickly and diligently to get the facility across the line for the upcoming Holiday seasons.  We are very excited to welcome them aboard!”

IHC is pleased to have helped this Canadian company fulfill its financing needs.

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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