Celtic Capital Corporation today announced its most recent new client relationship – a Central Midwest IT service provider for retail entities that includes installation of devices, structuring cabling, service, and routine maintenance.
The Company was seeking to repay a line of credit with its bank as due to covenant violations, the bank asked them out. Celtic Capital provided a $5,000,000 Accounts Receivable Line of Credit to pay off the bank and to provide additional working capital to fuel the Company’s growth plans for the coming year.
