Iron Horse Credit Provides a $1.5 Million Inventory Line of Credit to an E-commerce Retailer of Pet Care and Food Products
Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,500,000 stand-alone inventory revolving line of credit to an online pet care and food retailer.
After struggling to identify reliable financing as an online and Amazon seller, the company opted for a high-interest debt to support its growth. Iron Horse’s stand-alone inventory revolver was the perfect financing option which helped refinance their current debt and provide additional working capital.
“We are excited to welcome the company and work with them to achieve their financial goals,” said Kristen Palmer, Business Development at IHC. “Given our experience lending to online customers as well as Amazon seller, IHC was able to provide a tailored solution.”
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 start at $1MM and are 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.