Iron Horse Credit announced the addition of Tom Harris as Business Development Officer. In his role, Tom will be responsible for identifying new territories, partnership channels and building new client relationships.“I’m thrilled to join Iron Horse...
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October 14, 2024, 08:15 AM
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Iron Horse Credit has secured a $40MM senior credit line from Forbright Bank and MA Asset Management (formerly Blue Elephant Capital Management) with an additional $30MM accordion. Iron Horse has also locked in an additional $5MM of Subordinate...
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July 30, 2024, 07:30 AM
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Iron Horse Credit closed a $1,000,000 stand-alone inventory revolving line of credit to a wholesaler of men designer shoes. As an early-stage business, the company came to Iron Horse looking for an inventory heavy revolver to align with its growth...
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February 08, 2024, 07:00 AM
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Iron Horse Credit (“IHC”) closed a $2,00,000 RLOC to a truck, trailer, and hitch distributor.The company came to Iron Horse looking for first-time financing when the son was looking to buy out his father for retirement and bring suppliers current...
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January 31, 2024, 07:05 AM
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Iron Horse Credit (“IHC”) closed a $4,000,000 stand-alone inventory revolving line of credit to a fleet parts manufacturer, sister company to a forging manufacturer currently being financed by IHC.Given the lending relationship with its sister...
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January 17, 2024, 07:32 AM
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Iron Horse Credit (“IHC”) closed a $1,500,000 stand-alone inventory revolving line of credit to an online pet care and food retailer. After struggling to identify reliable financing as an online and Amazon seller, the company opted for a...
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January 10, 2024, 07:00 AM
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Iron Horse Credit announced $6,800,000 in recent fundings across six existing clients. These line increases will enhance the client’s liquidity going into 2024.$2,000,000 – Line increase for a manufacturer of agricultural machines and...
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December 19, 2023, 07:48 AM
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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...
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May 31, 2023, 07:47 AM
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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...
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March 22, 2023, 07:45 AM
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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...
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January 04, 2023, 07:49 AM
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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...
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October 26, 2022, 07:09 AM
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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...
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September 07, 2022, 07:35 AM
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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...
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July 20, 2022, 07:00 AM
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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. ...
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July 19, 2022, 07:17 AM
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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...
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June 28, 2022, 07:14 AM
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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...
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April 20, 2022, 07:35 AM
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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...
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November 10, 2021, 07:30 AM
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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...
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August 31, 2021, 07:05 AM
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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...
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July 30, 2021, 06:00 AM
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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...
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May 18, 2021, 07:29 AM
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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...
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October 27, 2020, 08:10 AM
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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...
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June 18, 2020, 09:04 AM
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