Keltic Financial Services announces the completion of a $3,000,000 Credit Facility to Forgitron Technologies, LLC.

March 17, 2011

Keltic Financial Services announces the completion of a $3,000,000 Credit Facility consisting of a $2,200,000 Revolving Line of Credit and $800,000 Term Loan to Forgitron Technologies, LLC.  The company, headquartered in Camden, SC is a supplier of rotary forged aluminum wheels and products.

“My company, Forgitron Technologies, LLC, recently entered into a financing arrangement with Keltic Financial.  As the Controller of a small company with only two people in the accounting department, it was a pleasure to work with such a knowledgeable team throughout the process.  I knew the fit was right from the first meeting when we presented our business plan and our salesperson came up with the same needs our management team said we needed.  From the negotiations to the closing, Keltic Financial’s superior knowledge base helped make the transition from our prior finance company to Keltic simple and painless.  I would recommend Keltic Financial as I am sure it would be as simple and painless for anyone as it was for myself.”

Kelly Jerome, Corporate Controller, Forgitron Technologies, LLC