Celtic Capital Corporation Provides $1.2 Million in Financing for Custom Design and Manufacturing Company

Celtic Capital Corporation announced its most recent new client relationship – a Pacific Northwest-based custom design and manufacturing company specializing in plastic injection molding, pad printing and assembly. This Company was introduced to Celtic by a trusted referral partner to assist in refinancing its existing bank debt as due to covenant violations, the bank was seeking to exit the client. Celtic Capital provided a $500,000 accounts receivable line of credit and a $700,000 equipment loan to accommodate paying off the bank and supporting the Company’s working capital needs.