Iron Horse Credit Provides a $2 Million Inventory Line of Credit to a Truck, Trailer, and Hitch Distributor

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $2,00,000 RLOC to a truck, trailer, and hitch distributor.

The company came to Iron Horse looking for first-time financing when the son was looking to buy out his father for retirement and bring suppliers current after the post pandemic slowdown. While providing an inventory-heavy revolving line of credit, IHC was able to assist this family with its goal as well as provide additional working capital to align with their growth.

“I am proud to work with this kind of client with such a heart-warming story.  Happy to have helped not only the father retire and make sure the company stays in the family for next generations to take over but also proving additional capital to align with its projected growth.”

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.