Daily News: May 21, 2012

Celtic Bank Closes $1.25MM SBA CAPLine for Freight Broker


Salt Lake City, UT-based Celtic Bank closed a $1.25 million SBA working capital CAPLine for a freight broker in Fresno, CA.

The SBA Working Capital CAPLines program is an asset-based revolving credit product up to $5 million for small business borrowers, which fall outside conventional banking guidelines.