Keltic Financial Services announced the appointment of Clifton Ray Hines to its sales team as vice president and Great Lakes Regional Manager.  He will be focused on new business generation primarily in Ohio, Michigan and Western Pennsylvania.

Hines joins Keltic with more than 20 years of commercial lending experience.  He previously held positions with Presidential Financial Corporation, PNC Business Credit, First Merit Bank and Huntington National Bank, among others.  He has held both senior vice president and vice president positions in asset based finance, commercial real estate, commercial/industrial lending and turnaround finance.  He also founded a commercial real estate consulting firm that encompassed corporate finance, restructuring and integration, mergers and acquisitions and commercial real estate finance.

On behalf of Keltic Financial, John P. Reilly, founder and CEO, said "We welcome the opportunity to add someone of Ray's caliber to our team.  We expect him to have a long and successful tenure with Keltic."

Hines is a member of the Commercial Finance Association (CFA), the Turnaround Management Association (TMA), the Association for Corporate Growth (ACG) and the Great Lakes Funding Network (GLFN).
 
Keltic Financial Services is a privately owned finance company providing asset based loans (ABL) to small- and middle-market companies to meet their cash flow needs.