Celtic Capital Corporation Provides $1 Million for a Pacific-based Electrical Maintenance and Lighting Replacement Company

Celtic Capital Corporation today announced its most recent new client relationship – a Pacific-based electrical maintenance and lighting replacement company for buildings in various commercial industries. The Company needed to replace its high-priced factoring relationship that would lower their financing cost and provide more flexibility for achieving their revenue goals in the coming year. A trusted advisor, who has been a strong referral partner for Celtic Capital, brought the deal to us. We provided a $1,000,000 accounts receivable line of credit and paid-off the factor.