Daily News: January 5, 2012

Keltic Provides $4 Million to Source Broadband, Source Power

Keltic Financial Services funded a $4 million Revolving Line of Credit for Source Broadband Services, LLC, Source Power Services, LLC, and their affiliates. Tenth Street Capital provided additional financing for the companies.

The companies, headquartered in Norcross, GA, provide outsourced engineering, construction and maintenance services to communications carriers and power utilities nationwide.

“Source Broadband was excited to find the right lending partner in Keltic Financial. Keltic’s flexible structure, responsiveness and ability to close the transaction quickly will help us to realize our exciting growth opportunities,” said David Levitan, CEO, Source Broadband Services.