Celtic Bank offers flexible working capital lines of credit supported by your accounts receivable and inventory to ease the cash flow burden associated with these assets.
| Purpose: | Working capital for A/R (Accounts Receivable) and inventory, refinance existing credit line or high cost factoring line |
| Loan Amounts: | $250,000 to $5,000,000 |
| Collateral: | Accounts receivable and inventory |
| Term: | 12 months to 10 years |
| Rate: | Variable rate |
| Eligibility: | Must have commercial A/R |
| LTV: | Up to 80% A/R Up to 50% Inventory PO's 100% of COGS |
