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Keltic Financial Closes Two Transactions Totaling $8 Million

April 02, 2013, 04:02 PM
Filed Under: Distribution

Keltic Financial Services recently announced two transactions totaling $8 million. Details follow:

Keltic Financial Services announces the recent funding of a $5 million revolving line of credit to American Builders Supply. The company is an independent supplier of doors and millwork, windows, trusses, wall panels and lumber to residential and commercial builders throughout Florida with a strong market share in Central Florida. Products are sold into a variety of end markets, including single family and multi-family residential new construction.  American Builders Supply is headquartered in Sanford, FL with five other Florida locations including Winter Haven, Melbourne, Clermont, Jacksonville and Ft. Myers.

In a separate release, Keltic Financial Services announces the recent funding of a $3 million revolving line of credit to Runge Paper Company, Inc. Runge is a unique distribution company representing numerous vendors. Runge distributes products such as boxes, liners, bags, copy paper, chemicals and towels as well as custom printed products such as ribbons, bags, boxes, tape, napkins, etc. The company is headquartered in Elk Grove Village, IL.







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