$1M Celtic Capital Deal Sparks Growth for Electrical Maintenance Company

Celtic Capital Corporation has announced its latest client relationship with an electrical maintenance and lighting replacement company based in the Pacific region, serving various commercial industries. The company sought to replace its costly factoring arrangement in order to lower its financing expenses and gain more flexibility to achieve its revenue goals for the upcoming year. A trusted advisor, who is also a strong referral partner for Celtic Capital, brought this opportunity to the firm. Celtic provided a $1,000,000 Accounts Receivable Line of Credit and paid off the existing factor.