Daily News: March 27, 2014

Keltic Financial Funds Utility Metering Solutions Revolver

Keltic Financial Services announced the recent funding of a $2.75 million senior secured revolving line of credit for Utility Metering Solutions.

Hampstead, NC-headquartered Utility Metering Solutions is an exclusive distributor of Badger Meter water metering products plus other ancillary equipment covering the states of North Carolina, South Carolina and Virginia. The majority of sales are to municipal water authorities. Products include water loss management and leak detection equipment.