Keltic Financial Services announces the recent funding of a $2.75 million senior secured revolving line of credit for Utility Metering Solutions, Inc.  The company, headquartered in Hampstead, NC, is an exclusive distributor of Badger Meter water metering products plus other ancillary equipment covering the states of North Carolina, South Carolina and Virginia. The majority of sales are to municipal water authorities. Products include water loss management and leak detection equipment.

Keltic Financial Services is a privately owned finance company providing asset-based loans (ABL) to small-and middle-market companies. Keltic's asset-based revolving lines of credit range from $1 million to over $10 million.