Celtic Capital Corporation Announces New Client Relationship

Celtic Capital Corporation announced its most recent new client relationship – a Washington-based manufacturer of treats for dogs including dog biscuits, meat treats, and soft and chewy treats. This Company was asked out of its bank due to violation of financial covenants. Management was seeking a $3,000,000 Accounts Receivable Line of Credit to replace the bank line and to provide additional working capital. As we found the Company to be well run and managed, we were happy to provide the needed credit facility.