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Celtic Capital Provides $1 Million Line of Credit to Sea Salt Importer
August 31, 2023
Source: Celtic Capital
Celtic Capital Corporation announced its most recent new client relationship – an Arizona- based company that imports premium natural sea salt. The Company, formed in 2018, packages the salt and sells it to the food manufacturing, food service and grocery distribution markets. When its bank, with which it had a small line of credit, couldn’t meet the Company’s anticipated growth needs, the Company turned to Celtic Capital. Celtic provided a $1,000,000 accounts receivable line of credit.
