- Singing Machine Company Secures $15.0 Million Senior Secured Financing with Fifth Third Bank
- Trinity Capital Inc. Provides Growth Capital to Kinetic to Expand Workplace Injury Management Technology
- FrontWell Capital Partners Provides US $10.5 Million Senior Secured Credit Facility to Belcam Beauty
- SouthStar Capital Provides $300,000 PO & A/R Facility to Support Growing Midwest Supplier
- Eclipse Business Capital Provides $28.5MM To Support the Acquisition of Flooring Products Distributor
Celtic Capital Corporation Provides Financing for an Oil and Gas Extraction Services Company
June 3, 2024
Source: Celtic Capital Corporation
Celtic Capital Corporation today announced its most recent new client relationship – an oil and gas extraction services company located in the Western Midwest region. The business suffered reduced revenues from the COVID era and to recover, needed additional working capital. Its current bank was unwilling to provide the Company with the needed funds so management turned to Celtic Capital. Celtic Capital provided a $3,500,000 account receivable line of credit and a $1,530,000 equipment loan to fund the Company’s needs.
