Celtic Capital provided a $616,000 equipment loan to a Massachusetts-based precision machine shop that provides machining, assembly and brazing services to customers in multiple industries.
Celtic Capital acquired three equipment-only loans from an Illinois-based equipment lender who decided to exit the business. The three loans (totaling $1.22 million) are located in Florida, Wisconsin and Washington.
Celtic Capital provided $3.75 million in financing to a California-based distributor of contract manufactured electrical testing devices.
Celtic Capital Corporation structured an accounts receivable line of credit and an equipment loan totaling $3,850,000 for a Forest Grove, OR-based co-packer of food and beverage products.