Celtic Capital Corporation Provides $2 Million Accounts Receivable Line of Credit for 3PL Provider

Celtic Capital Corporation today announced its most recent new client relationship – a Pacific-based company that is a leading third-party logistics (3PL) provider specializing in omnichannel fulfillment, warehouse management, and value-added services for premium retail, e-commerce, and wholesale brands. This Company, which was not bankable due to recent losses, came to Celtic Capital for a line of credit to support its upcoming growth. Without a current line of credit in place, the Company needed support to enhance its working capital position. Celtic Capital provided a $2,000,000 Accounts Receivable Line of Credit to meet the Company’s needs.