Daily News: January 9, 2014

Celtic Bank Hires Caron as ABL Group VP/BDO

Celtic Bank announced that Michael Caron was hired as VP of business development in the ABL Group. Caron will be focused on business development of the bank’s ABL and factoring programs in the Northeast U.S. Caron will report to Daniel Godfrey, SVP of ABL.

Caron joins Celtic Bank with more than 30 years of experience in commercial banking and finance. During his career, Caron has managed commercial lending teams, opened the first regional sales office for a nationwide commercial finance company and counseled business owners on cash-flow solutions, loan options and financial alternatives to traditional banking products.

“Celtic Bank is committed to offering small businesses around the country with flexible and affordable working capital finance solutions. We are thrilled to bring someone on board with Michael’s expertise,” said Godfrey.

Caron has served as treasurer of the South Jersey Bankers Association and is a volunteer for RSVP of Montgomery County, PA.