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Celtic Capital Corporation Provides Funding for a California-based Manufacturer of Tortillas, Wraps and Flat Bread
May 31, 2023
Source: Celtic Capital Corporation
Celtic Capital Corporation today announced its most recent new client relationship – a California-based manufacturer of tortillas, wraps and flat bread. This Company was recently acquired. The new owner, a seasoned food industry veteran with vast experience and long-standing connections in the industry, has grand plans of expansion both in terms of adding other product lines as well as bringing in new customers. He was looking for working capital to fund that growth and Celtic Capital provided a $1,500,000 accounts receivable line of credit and a $738,000 equipment loan to meet the Company’s working capital needs.
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