Services
Keltic Financial Services is a lender that understands the value of a company beyond the traditional asset based formulaic structure. Asset based lending typically provides more liquidity and fewer financial covenants for borrowers.
For manufacturers, distributors, wholesalers, and service providers, Keltic Financial Services offers asset based loans—a more flexible and immediate means to obtain business capital than found with traditional bank lending products. A revolving line of credit can prepare you financially for business eventualities such as seasonal fluctuations in business, inventory increases, overtime payroll, unexpected expenses or unanticipated vendor discounts, whenever they occur.
Keltic Financial regional managers and underwriters have over 20 years of experience converting a broad range of assets—accounts receivable, inventory, and other tangible assets, equipment, and real estate—into available funding. Our asset based revolving line of credit ranges from $1 million to over $10 million, with syndication capabilities for larger transactions. In addition to providing your company with working capital, our lines of credit may be structured as:
- Bridge financing
- Special accommodation financing
- Turnaround financing
- Debtor-in-Possession financing
- Acquisition lines of credit
To accurately determine if an asset-based line of credit is right for your company, you will need to provide the following financial information:
- Current and historical financial statements
- Financial projections
- Personal financial statements of principals
- Accounts receivable records
- Accounts payable records
- Inventory listing (if applicable)
- M&E listing and appraisals (if applicable)
- Real estate listing and appraisals (if applicable)