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 castings.

The client was introduced to Iron Horse Credit by a trusted partner who, in conjunction with IHC’s inventory facility, provided the client with an A/R line of credit for an aggregate facility of $8,000,000. IHC understood the time sensitivity to close and was able to provide the client with a proposal within a couple of days after receiving the financial package. The proceeds of the facilities allowed the client to pay its prior lender and provide additional working capital to help with the consolidation of its manufacturing plant and support its growth.  

“We are pleased to welcome this new relationship and support the company to take on additional business.” Commented Cesar Silva, VP of Business Development. “The company needed a trusted financial partner that could execute quickly and provide the flexibility needed for their continued growth. We look forward to seeing the company succeed.”