Celtic Bank announced Michael Caron has been hired as Vice President of Business Development in the Asset-Based Lending Group at Celtic Bank.  Caron will be focused on business development of the bank's asset-based lending and factoring programs in the Northeast United States.  Caron will report to Daniel Godfrey, Senior Vice President of Asset-Based Lending at Celtic Bank.

Caron joins Celtic Bank with over 30 years of experience in commercial banking and finance.  During his career, Caron has managed commercial lending teams, opened the first regional sales office for a nationwide commercial finance company and counseled business owners on cash flow solutions, loan options and financial alternatives to traditional banking products. 

Celtic Bank is committed to offering small businesses around the country with flexible and affordable working capital finance solutions.  We are thrilled to bring someone on board with Michael's expertise," said Godfrey.

Caron holds a BA in Economics from Fairfield University.  He has served as treasurer of the South Jersey Bankers Association and is a volunteer for RSVP of Montgomery County, a community volunteer organization located in Montgomery County, Pennsylvania.

Headquartered in Salt Lake City, Utah, Celtic Bank was named the sixth largest SBA lender for FY 2013.  Celtic Bank is a nationwide lender and leading provider of USDA loans, SBA 7(a) and 504 loans, Celtic Express loans, asset-based and factoring loans, and residential/commercial real estate and construction loans.