Celtic Capital Provides $4.1MM in Facilities to Colorado-Based Wood Mill and Veneer Manufacturer

Celtic Capital provided a $1.6 million term loan, a $2 million account receivables line of credit and a $500,000 line of credit to a Colorado-based wood mill and veneer manufacturer.

The new client was referred by a bank to Celtic and was seeking working capital to complete the build-out of its plant. The company started operations the middle of 2019.

Celtic Capital is an asset-based financing company.