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 looking to expand their product offerings.  IHC was introduced to the company by its current Asset Based Lender. With the intent to maximize the company’s working capital, IHC refinanced the current lender’s inventory exposure which generated additional availability. Its current lender maintained its A/R facility and the company benefited from a joint facility with no suppressed availability due to any inventory-to-accounts receivable restrictions.   The additional working capital will allow the company to continue investing in R&D to roll out new product lines.

With IHC’s tailored inventory finance solution, and partnership with the existing A/R Lender, the company is well positioned to meet its growth targets.  

“I think we all recognize the importance of self-care that incorporates physical and mental health. IHC is very excited to promote and help cultivate this up-and-coming self-care company as they introduce new products and wellness programs.  The company is led by a team of driven, high-level young professionals; it has been a pleasure to work with each one of them to bring this finance facility to fruition.”