Celtic Capital announced its most recent new client relationship – an Eastern Midwest job shop manufacturing company of electronic assemblies for customers primarily in the general region. The company was seeking to repay a small line of credit with its bank as well as a paydown of some subordinated junior capital. Celtic Capital provided a $2.5 million Accounts Receivable Line of Credit and a $500,000 Inventory Line of Credit to meet the company’s objectives and provide ongoing working capital.