Celtic Capital Corporation announced its most recent new client relationship. This full service commercial printer in Tennessee approached Celtic to provide financing to complete an acquisition of the business by a minority shareholder who was running the business day-to-day. Celtic provided an accounts receivable, inventory and equipment secured facility totaling $2.515 million to help the entrepreneur close the acquisition.
Celtic Capital specializes in providing asset-based financing from $500,000 to $5 million for manufacturers, wholesalers, distributors and service providers throughout the United States.