Keltic Financial Services announces the completion of a Revolving Line of Credit for Lava Lite, LLC
September 9, 2011
Keltic Financial Services funded a Revolving Line of Credit for Lava Lite, LLC. The company, headquartered in Elmhurst, IL, is the original designer and manufacturer of the iconic Lava Lamp and other visually entertaining novelty lighting products. Lava Lite is the only manufacturer of the trademarked Lava Lamp and the only brand name in the novelty lighting category. The senior secured facility is backed by accounts receivable and inventory.