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News Stories (14 Results) - Iron Horse Credit

Iron Horse Credit (“IHC”), closed a $2,000,000 stand-alone inventory revolving line of credit to a Hydroponic Grow Systems and Nutrients Distributor. Iron Horse was able to pay off the company’s high-interest notes and provide the California-based... Read Story
March 22, 2023, 07:45 AM


Iron Horse Credit (“IHC”), closed a $3,500,000 inventory facility to a cell phone and electronic distributor the last week of December. The credit facility will provide the company with additional working capital to cover supplier payments and meet... Read Story
January 04, 2023, 07:49 AM


Iron Horse Credit (“IHC”), closed a $2,500,000 stand-alone inventory revolving line of credit to an e-commerce retailer and wholesaler of athletic mats and flooring tiles. Started by a husband and wife from their garage, the company’s product was... Read Story
October 26, 2022, 07:09 AM


Iron Horse Credit (“IHC”) closed a $3,500,000 stand-alone inventory revolving line of credit to an online Wellness and Nutritional Supplements retailer.  The company has been a pioneer in developing high performance supplements and is actively... Read Story
September 07, 2022, 07:35 AM


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... Read Story
July 20, 2022, 07:00 AM


Iron Horse Credit (“IHC”), closed a $2,000,000 stand-alone inventory revolving line of credit to a CBD wellness retailer. The company’s online presence has been rapidly growing since 2017 and most recently, embarking on wholesale distribution. ... Read Story
July 19, 2022, 07:17 AM


Iron Horse Credit (IHC) added Kalli Perez to its team as portfolio manager. Perez brings over 14 years of both account management and underwriting experience. In her role, Perez will continue to service IHC’s new and long-lasting clients.   “I am... Read Story
June 28, 2022, 07:14 AM


Iron Horse Credit (“IHC”) closed a $3,000,000 stand-alone inventory revolving line of credit to an e-commerce retailer of bedding and loungewear.As a fourth-generation family involved in the textile industry, the client has developed a product of... Read Story
April 20, 2022, 07:35 AM


Iron Horse Credit (“IHC”), closed a $3,000,000 stand-alone inventory revolving line of credit to a leading safety product distributor.Experiencing exponential growth prior and throughout the ever-changing environment arising from the pandemic, the... Read Story
November 10, 2021, 07:30 AM


Iron Horse Credit closed a $4,000,000 stand-alone inventory revolving line of credit to a leading manufacturer and developer of advanced alloys for the global market with a focus on specialty copper alloys and high-performance beryllium aluminum... Read Story
August 31, 2021, 07:05 AM


IBC Advanced Alloys Corp. entered new credit facilities (the “Credit Facilities”) of up to $8,000,000 established pursuant to (a) a credit and security agreement among Iron Horse Credit, LLC and certain of the Company’s U.S. subsidiaries and (b) an... Read Story
July 30, 2021, 06:00 AM


Iron Horse Credit hired Kristen Palmer as Business Development Officer. In her role, Kristen will be responsible for identifying new territories, partnership channels and building new client relationships.“I’m extremely excited to join Iron Horse... Read Story
May 18, 2021, 07:29 AM


Iron Horse Credit (IHC) and Alterna Capital Solutions (Alterna) announced the closing of a $3,000,000 stand-alone inventory revolving line of credit and $2,500,000 Accounts Receivable-based facility respectively to a century-old company engaged in... Read Story
October 27, 2020, 08:10 AM


The Singing Machine Company, Inc. – the North American leader in consumer karaoke products –  announced it has executed a tri-party Intercreditor Agreement for a Revolving Line of Credit on eligible accounts receivable and inventory.On June 16, 2020... Read Story
June 18, 2020, 09:04 AM