Celtic Capital Provides $850K in Financing to NJ-Based Brewery
Celtic Capital provided a $200,000 accounts receivable line of credit and a $650,000 equipment loan to a New Jersey-based wholesaler and brewer of craft beers.
Celtic Capital provided a $200,000 accounts receivable line of credit and a $650,000 equipment loan to a New Jersey-based wholesaler and brewer of craft beers.
Celtic Capital provided a $1.5 million accounts receivable line of credit to an Ohio-based nurse staffing company. The company is a former Celtic Capital borrower.
Celtic Capital provided $2.5 million accounts receivable and inventory lines of credit to a California-based manufacturer of high-volume, low-speed industrial ceiling fans.
Scott Blaeser joined Pacific Western Bank’s asset-based lending team in Denver as senior vice president and business development officer for the Intermountain region. Blaeser most recently served as vice president of business development at Crestmark.
Celtic Capital expanded its client development staff with the addition of Bryan Hatfield and Jonathan Bloom as senior vice presidents.
Celtic Capital formed a new client relationship with a California-based distributor and fabricator of sheet metal products and industrial supplies, providing the company with $3.2 million in accounts receivable and inventory lines of credit.
Derrick Wong of Pacific Premier Bank spoke with Rey Abundo of Great Rock Capital and Orrin Belden of Celtic Capital about how the asset-based lending community in California is holding up during the COVID-19 pandemic, providing a potential bellwether for the industry at large.
Celtic Capital provided $2.425 million in accounts receivable and inventory lines of credit to a California-based manufacturer of packaging products primarily used in the healthcare, cosmetics, pharmaceutical and food industries.
Celtic Capital provided a $1.05 facility to an Idaho-based company that designs and manufactures parts and pieces for food processing plants and for construction of primarily steel buildings.
Celtic Capital completed a $1.4 million accounts receivable line of credit for aa California-based company that sells fresh and frozen seafood to wholesale and retail customers.