Keltic Financial Services is pleased to announce the appointment of David M. Weinstein to its credit team as senior vice president and senior underwriter.

Weinstein joins Keltic with more than 25 years of experience after a very successful career. He was most recently the founder and principal of Lakeside Advisors where he functioned as a corporate finance specialist with expertise in the development and implementation of business and strategic plans; financial analysis and modeling of strategic and operational assessments, financial reporting, restructuring, mergers, acquisitions and divestitures, due diligence, balance sheet recapitalizations, refinancing, debtor-in-possession and post confirmation financing. His experience also includes the financing and advising of publicly and privately held national and multinational companies ranging from $5 million to $2 billion in revenues across virtually all industry segments.

Prior to forming Lakeside Advisors, David was a principal in the national management consulting firm of Morris Anderson & Associates, Ltd. where he was responsible for the firm's corporate finance advisory practice. Prior to joining Morris Anderson, he was a Senior Vice President and National Managing Director of bankruptcy and restructuring for Congress Financial Corporation, a senior manager in the Corporate Financial Consulting Services practice at Arthur Andersen, LLP, and a Vice President of the New York office of The CIT Group/Business Credit, Inc. where he co-founded the financial restructuring group.

On behalf of Keltic Financial, Jamie Franz, EVP and National Marketing Director, said "David's corporate finance expertise and credit acumen will be a significant asset to Keltic; we feel fortunate to have such a seasoned individual join us. His ability to both underwrite and structure sound financial transactions will complement our existing team as we grow our portfolio."

Weinstein has been appointed as Adjunct Faculty to Pace University's Lubin School of Business in the Finance and Graduate Economics department and serves as a Faculty Judge for Pace University's Lubin School of Business Executive MBA program.

He maintains memberships in numerous professional associations and is a past President and past Chairman of the Turnaround Management Association-New York Chapter. He is a current Board Member and Officer of the Turnaround Management Association-Connecticut Chapter. He is also a member of the Association for Corporate Growth and the American Bankruptcy Institute.

Weinstein received a B.A. degree in Economics and Political Science as well as his MBA in Finance from Pace University in New York. He is also a member of Pace University's Dyson College of Arts & Sciences Advisory Board.

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.