Keltic Financial Services announces the recent funding of a $3,750,000 senior secured Revolving Line of Credit and Term Loan for Excelso Coffee. The facility was comprised of a $2,500,000 Revolving Line of Credit and two term loans totalling $1,250,000. Excelso Coffee is the largest coffee roaster in Georgia and has a 30-year history of providing a wide variety of quality coffee blends with extraordinary taste to customers in 37 states. Atlanta Coffee Time provides servicing and distribution of coffee, tea and break area products to over 2,000 small, medium and large offices in the greater Atlanta area. Continue reading >>
Since 2000, Keltic Financial Services has provided over $800 Million in funding to more than 200 companies. We serve customers from the manufacturing, distribution, wholesale, and service industries. Select recent transactions include:
Keltic Financial Services announces the recent funding of a $5,900,000 Senior Secured Credit Facility consisting of a $4,000,000 Revolving Line of Credit and a $1,900,000 Term Loan to Abercrombie Textiles, LLC, a domestic weaver of flat woven upholstery fabric for the residential, hospitality, health care, recreational vehicle and transportation markets. The Company is headquartered in Cliffside, NC, and draws its manufacturing and personnel strength from the combination of the original Abercrombie Textiles in Shelby, NC and the more recently acquired Cone Decorative facility in Cliffside, NC. Continue reading >>
Keltic Financial Services announces the recent funding of a $1,500,000 senior secured revolving line of credit to Dakota Craft, Inc. The company, headquartered in Rapid City, SD is the preferred supplier of lumber, building materials, and structural components to individuals and professional builders in the northern plains region.
Keltic Financial Services announces the recent funding of a $1,750,000 senior secured credit facility consisting of a $1,500,000 revolving line of credit and $250,000 term loan to Sasco Safety, LLC. The company, headquartered in Barnwell, LC is a manufacturer of highway safety products that has established a manufacturing and distribution facility in Barnwell, SC.
Keltic Financial Services announces the recent funding of a $2,110,000 senior secured credit facility consisting of a $1,750,000 revolving line of credit, and a $360,000 term loan to Classic Packaging Company. The company, headquartered in Phafftown, NC is a custom printer, laminator, and converter of poly bags and films.
Keltic Financial Services announces the recent funding of an $8,925,000 senior secured credit facility consisting of a $7,500,000 revolving line of credit, a $925,000 term loan and a $500,000 Cap Ex loan to Whitley Products. The company, headquartered in Warsaw, IN is the leading and largest Tier Two supplier of fabricated tubular products serving the diesel engine, agricultural and off highway industries.
Keltic Financial Services recently funded a $4,375,000 senior secured credit facility comprised of a $4,000,000 revolving line of credit and $375,000 term loan to Hair Systems, Inc. and its wholly-owned subsidiary, Hair Systems Europe Limited. The company, headquartered in Englishtown, NJ, is focused on the customized development, manufacturing, and packaging of high quality hair color, hair lighteners and related hair care products.
Keltic Financial Services recently funded a $2,000,000 Senior Secured Revolving Line of Credit for KVL Audio Visual Services, Inc. and its family of affiliated companies. The company, headquartered in Ardsley, NY, is one of the largest suppliers of audio visual equipment rental and staging services in North America. KVL supports conference centers, conventions and trade shows, and fulfilling the meeting and presentation needs of businesses and organizations of all sizes from locations in New York, California, Colorado, Washington, DC and Illinois.
Keltic Financial Services funded a $3,500,000 Revolving Line of Credit to LanceSoft. The company, headquartered in Herndon, VA, is a global IT Services and Solutions Company. LanceSoft provides advanced information technology solutions and consulting services to a host of corporate clients in the BFSI, LifeSciences, Healthcare, Telecom, Manufacturing, Technology, Retail and various federal, state and local government agencies, across crucial markets. LanceSoft has a demonstrated ability to integrate diverse technologies into a seamless enterprise technology delivery platform.
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.
Keltic Financial Services funded a $2,000,000 revolving line of credit to Stern Companies, Inc. and two subsidiaries, Stern Assembly, Inc. and Stern Industries Incorporated. The companies, headquartered in Baxter, MN, are engaged in the sales representation, manufacture, assembly and distribution of polymer and rubber-based products; servicing the automotive, recreational vehicle, municipal utility, sporting equipment, industrial waterworks and agricultural markets.
Castle Brands, a developer and marketer of several beverage alcohol brands, established a $5,000,000 revolving credit facility with Keltic Financial. The asset-based credit facility provides for borrowings up to $5 million for working capital requirements and other general corporate purposes. The company intends to use the new Keltic facility to repay its remaining debt and provide $2.8 million of additional liquidity. Continue reading >>
Keltic Financial Services funded a $3,900,000 credit facility, comprised of a $3,500,000 revolving line of credit and a $400,000 term loan to ASI Building Products (ASIBP). The company, headquartered in Tampa, FL, has supplied professional contractors with high-quality, low maintenance building products for over 40 years. ASI Building Products has consistently led the industry in distributing new products and promoting innovative technology, from the best manufacturing name brands. ASIBP has 14 distribution facilities and 3 production locations across the State of Florida, and the coastal regions of Alabama and Mississippi. Continue reading >>
The company, headquartered in Mifflintown, PA is the premier supplier of pellets in the Mid-Atlantic region. They manufacture wood pellets for residential and industrial use and sell to retailers in the U.S. and Canada. In addition to their headquarters and manufacturing plant in Mifflintown, they also have a manufacturing plant in Quebec, Canada.
Columbia Systems International of South Carolina, LLC was formed from the acquisition of the assets from the bankruptcy estate of Partition Systems Incorporated of South Carolina plus the merged assets/liabilities of affiliated companies Galaxy Hardware, Inc. and National Specialties, Inc. CSISC is a manufacturer and distributor of commercial restroom partitions, lockers, compatible hardware, and washroom accessories. Continue reading >>
The senior secured facility, comprised of a revolving line of credit and term loan is backed by accounts receivable, inventory and fixed assets. Keltic Financial Services was chosen to do the deal based on its flexibility and direct access to the decision makers.
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. Continue reading >>
Sabo USA, Inc. started its operation in 1993 establishing a technical and commercial office, currently located in Plymouth, MI. In 2007 a new production/office facility was inaugurated in Lincolnton, NC. This plant is dedicated to the production of various parts for the automotive and other markets. Parts supplied by Sabo USA, Inc. include seals, gaskets and hoses. Sabo USA, Inc. is the wholly owned subsidiary of the Brazilian Sabo Industria e Comercio de Autopecas Ltda. Continue reading >>
The company, headquartered in Wayne, NJ, is family owned and operated and in business since 1919. Passaic manufactures rubber rollers, endless belting and calendered materials originally used in the construction of the George Washinton and Golden Gate Bridges. They offer their clients state-of-the-art technology with master craftsmanship in all their product lines. Continue reading >>
The company, headquartered in Mount Ulla, NC, is a world class metal component manufacturer, with its core competency in precision machined and fabricated parts and assemblies. Continue reading >>
Headquartered in Burlington, North Carolina the company is comprised of two operating companies: BMS and Se7en, LLC. BMS provides yarn-dyeing services to the apparel, military, work wear, medical, industrial and home furnishing market. Se7en designs and produces decorative and functional fabrics for use in the residential, hospitality, healthcare, and corporate furniture sectors. Continue reading >>
Headquartered in Glassboro, NJ, NER Data Corporation is an innovative leader in the demanding, growing, and continually changing Data Center Infrastructure Solutions and Managed Print business. Many companies appeal to customers strictly through economic tactics. NER’s approach is to offer unique value-add solutions that truly solve business issues and allow customers to develop and maintain stronger relationships with their end-users. Continue reading >>
Headquartered in Des Moines, IA, Wheeler Lumber, LLC is multifaceted, providing quality building materials and related services which serve both public and private infrastructures. Wheeler designs, fabricates and/or manufacturers recreation and highway bridges, prefabricated buildings, salt storage buildings and treated wood products, distributes landscaping products and provides engineering services through its affiliated company, Erickson Engineering Company, LLC. For over 100 years, Wheeler has evolved with changes in ownership and various products and services, but the direction has been clear, stay “Committed to Performance.” Continue reading >>
Headquartered in Deerfield Beach, FL, LC&D designs, manufactures and markets products worldwide under the Leecraft ® and Littelites® trade names. The company provides a wide range of Standard and Custom Designed Lampholders, Indicator Lights, LED Modular Arrays, Circuit Board Indicators, Wiring Harnesses and Assemblies. LC&D recently completed a multi-million dollar expansion by increasing its floor space by over 75%, increasing warehouse capacity through automation, and more than doubling total production capacity to meet increased present and future demands for products. Continue reading >>
Headquartered in West Trenton, NJ, Homasote® is an internationally known environmental icon. For 100 years Homasote has been the only manufacturer of its kind in North America. Homasote’s environmentally-intelligent building and industrial packaging products made of 98% recycled materials are truly unique, both in their manufacturing processes and their dependable fiberboard construction performance. Continue reading >>
Headquartered in Atlanta, GA, Quality Rubber Resources (QRR) manufacturers, markets and distributes rubber products and related materials used in agriculture, equine, dairy, sports fitness, OEM, industrial, automotive, and retail industries. Additionally, QRR distributes Sportec® rolled rubber, manufactured by Kraiburg Relastec of Germany, one of the most preferred flooring products for the athletic/fitness industry. Products include many types of rubber mats, rubber bumper plates, continuous roll rubber products, sheet rubber, automotive rubber, restaurant mats, anti-fatigue mats, and other types of molded, extruded, and injection molded rubber. Continue reading >>
Headquartered in Wake Forest, NC, Jupiter is the holding company for Carolina Classic Manufacturing, Inc. located in Wilson, NC, Bathcraft, Inc. located in Valdosta, GA, and Georgia Bathware, Inc. located in Union Point, GA. The operating entities manufacture a broad array of fiberglass and acrylic bathtubs and tub/shower combination units for wholesalers and manufactured housing customers located in the southeastern United States. Continue reading >>
Headquartered in Westfield, IN, Westfield Steel, Inc., is a family-owned company. As a leading mini-regional steel servicing center, Westfield Steel provides an extensive range of steel products and processing services to customers throughout the Midwest, Mid-Atlantic and Southern regions of the United States. Continue reading >>