JACKSONVILLE, Florida, February 18, 2021 / PRNewswire / – Iron Horse Credit LLC (“IHC”) offers an inventory-backed revolving line of credit program that allows small and medium-sized businesses to obtain additional working capital drawn solely from the company’s inventory. Our revolving credit lines range from $ 500,000 To $ 15 million for companies with annual sales of $ 5 million or more. Our product allows businesses to borrow up to 65% of the cost of inventory and is designed to work in many industries in the United States. .
IHC has identified many underserved businesses that need to maintain large amounts of inventory to meet market demand or these businesses simply need additional cash to fund their growth. These businesses may not be able to obtain sufficient working capital from traditional banking products, as banks tend to focus on accounts receivable as the primary form of collateral. At IHC, we focus on inventory as the primary source of warranty, whether the inventory is located in the company’s warehouse, in transit to a warehouse, or at a third-party facility.
Our program provides fast, flexible and transparent solutions for growing businesses or businesses just looking for extra cash. Our revolving inventory-backed lines of credit are designed to work with other sources of capital such as accounts receivable lenders, private equity or even bank financing. IHC’s vast experience in the industry makes the application and approval process quick and easy.
About Iron Horse Credit LLC
IHC provides fast, flexible and transparent inventory revolving lines of credit from $ 500,000 and up to $ 15 million for companies selling B2B and D2C across the United States For more information, visit www.ironhorsecredit.com, email us at [email protected] or call us at 201-210-8541.
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SOURCE Iron Horse Credit LLC