Celtic Capital Corporation Announces New Client Relationship

Celtic Capital Corporation today announced its most recent new client relationship – a tree and other vegetation services company for both commercial and residential use. Due to a drop in revenue, the Company’s current bank was asking it out. Celtic Capital was approached for an equipment-only loan to provide working capital while excess equipment was sold to pay down the bank debt. Celtic provided a $1,390,000 equipment-only loan which paid off the bank in its entirety and provided the Company with additional liquidity.