Iron Horse Credit (“IHC”), closed a $1,000,000 stand-alone inventory revolving line of credit to a Georgia based Marble and Granite Slab Distributor. The family-owned company has been self-funded since inception and sought out Iron Horse Credit as their debt finance lender and pay off a recent high-interest rate loan taken out earlier in 2023. This will help the son take over his father’s position to align with their anticipated growth.
“Working with new borrowers is always exciting, an educational experience for the lender and ‘lifesaver’ for the borrower. Helping them through this process was a pleasure and Iron Horse is excited to work with the company and watch their success.”