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Iron Horse Credit Provides $1.5MM Inventory Line of Credit to Wholesale Distributor of Tile and Natural Stones

July 20, 2022, 07:00 AM
Filed Under: Distribution

Iron Horse Credit (“IHC”) closed a $1,500,000 stand-alone inventory revolving line of credit to a wholesale distributor of tile and natural stones. The company has a reputable name dating back over a century and offers a one-stop point for both domestic and imported products.

As the company projected rapid growth through footprint expansion, IHC was able to provide a reliable inventory-backed facility to achieve its goals. IHC partnered with a trusted A/R lender to provide the company with the necessary structure.  

“We are pleased to welcome this new relationship and be a part of the company’s growth,” commented Cesar Silva, VP, Business Development. “We look forward to working with the client as they continue to expand.”

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