Resources & Tombstones: Case Studies

Celtic Capital Provides a “Meaty” Deal to Vegetarian Food Products Distributor

The Company
This is a California-based distributor of dry and frozen vegetarian and vegan food products. It is family owned and operated, and has been in business since 2004.

The Situation

The Company …More

Telephone and Mail Solicitor Solicited Our Help For Flexible Financing

The Company
This is a California-based company that conducts telephone and mail solicitations for 501-C3 charitable organizations or political organizations.

The Situation
The Company had a small line of credit with a bank. …More

Another ABL Turns to Us to Tackle the Equipment Piece of a Tough Deal

The Company
This is a Washington-based manufacturer of roof and floor trusses, pre-cut lumber framing packages, and door and millwork packages.

The Situation
The deal was first referred to us in the middle …More

Post-Acquisition Equipment Loan Provides Much Needed Liquidity

The Company
This is an Indiana-based steel fabrication and installation business.

The Situation
The Company was being acquired by the owner of other businesses that we have financed in the past. He buys …More

Company Asked to Exit Its Bank Almost Blows New Financing Deal With Its Indecisiveness

The Company
The Company is a Washington-based manufacturer of imaged products (stationary, drinkware and wall décor) imprinted with custom artwork for souvenirs, gifts and home use. It’s a seasonal business as …More

Consultant Brings Celtic Capital In to Help Rubber Parts Manufacturer Bounce Back

The Company
This company is a manufacturer of extruded rubber parts for the railroad, marine, defense and mining industries. It’s located in Oregon.

The Situation
While the main business was profitable, the affiliate …More

Celtic Capital Provides a Breath of Fresh Air for This Heating and A/C Company

The Company
This is a heating and air conditioning company that provides sales and service for commercial (HVAC) accounts. It was started fifteen years ago, has a sole owner and is …More

Company Puts Equipment Loan on Hold and Returns Two Years Later To Finalize the Deal

The Company
The Company is a Washington-based steel fabricator and installer.

The Situation
A few years ago, a local union tried to unionize the shop but the Company resisted. Following union retaliation, the …More

Past Client Returns to Celtic Capital to Finance His New Business

The Company
Founded in 2017, this company is a California-based manufacturer of roof and floor trusses for new construction of both single and multi-family homes.

The Situation
The company was new and because …More

When This Company Reduced Its Foothold in the Gaming Industry, It Was Game On for Celtic Capital

The Company
Operating since the mid-1960s, the company is an Arizona-based, full-service job shop manufacturer specializing in the medical, gaming, kiosk and technologies industries.

The Situation
The company had a heavy concentration of …More

Our Deal Made the Future Look Brighter for This Lighting Products Company

The Company
The company is a California-based designer and distributor of lighting products for both retail stores and hospitality businesses.

The Situation
When his partner retired in 2014, the owner decided to expand …More

Sometimes It Pays to Pay Off an Unsatisfactory Lender

The Company
The company is a Southern California-based plastic injection molding company. It’s a family-owned business started by the father (deceased) and now run by his daughters and son-in-law.

The Situation
The company …More

Snack Food Manufacturer Gets a Tasty Deal from Celtic Capital

The Company
This company is an Oregon-based manufacturer of snack food products, predominately flavored popcorn.

The Situation
Starting in 2016, the company began having some issues stemming primarily from the realignment of its …More

Taking a Larger ABL Out of a Small, Unprofitable Deal is a Win-Win

The Company
This company is an Oregon-based provider of computer staffing personnel. As specialists in computer technology, the company provides software development talent on a part time basis.

The Situation
The company was …More

Celtic Capital Makes This Deal Work Even With an Uncooperative Fintech Lender

The Company
The company is a California-based job shop metal finishing company. It’s been in business since 1980 and has been run by the same management team since inception.

The Situation
Due to …More

Nothing Half Baked with This Commercial Bakery

The Company
This company is a Washington-based commercial bakery. The founder ran the company with the help of a capital infusion from a family member. At one point, however, the founder …More

Equipment-Only Loan Helps This Company Keep Rollin’ Down the River

The Company
The company is a bulk materials producer (sand and other minerals) based in Louisiana. It has a quarry in Missouri and a marine terminal that serves as a base …More

No Bugs in This Deal

The Company
The company is a California-based sub-contractor of fumigation services. Its clients are both commercial and residential.

The Situation
For three years, the company suffered losses such that the balance sheet was …More

A Long Standing Bank Client Exits with No Hard Feelings

The Company
This Arizona manufacturer of snack foods has been in business for over twenty-five years and is still owned by the company’s founder. It sells its products to all of …More

When the Chips Were Down, Former Client Came Back to Celtic Capital for Help Financing Its New Business

The Company
This company is a California-based manufacturer of specialty fiber optic products and is a former client that has come back to us for help financing a new business.

The Situation
We …More

Hummus Manufacturer Looking to Fly High in the Airline Industry

The Company
This is an Oregon-based company that manufactures hummus and is a co-packer of various other food products. With a product (hummus) that is shelf stable meaning it needs no …More

Consolidation of Four Companies Led Consultant to Celtic Capital

The Company
This company is a California-based provider of facilities management services.

The Situation
This deal involved the consolidation of four separate operating companies into one holding company. The four companies included one …More

Acquisition Tripped Bank Covenant of Commercial Bakery

The Company
This company is a California-based commercial bakery.

The Situation
In early 2017, the bakery owner acquired another bakery and integrated it into her current business. The acquisition was more challenging than …More

Publisher of Test Prep Materials Passed Celtic Capital’s Test

The Company
The company is a New Jersey-based publisher of test preparation materials for grades K through 12 – both hard copy and via software licensing. Sales are made to public …More

Affiliate Companies Turn to Celtic Capital to Realize Its Turnaround Plan

The Company
This deal involved two affiliate companies in Washington under common ownership. One of the companies manufacturers and distributes rock crushing equipment (components and parts); the other manufactures and sells …More

Foreign Receivables Are Not Foreign to Celtic Capital

The Company
This Ohio-based company provides temporary nurse staffing services.

The Situation
The company’s owner was financing the company himself. Instead of continuing to self-fund, he wanted to secure a line of credit …More

Relationships Matter!

The Company
This Company manufactures machining and drilling products and is located in the Midwest.

The Situation
The Company had been with a large bank for a number of years then moved to …More

A Business Owner, Due for a Break, Gets One from Celtic Capital

The Company
The company is in warehousing and trucking. It rents out space to hold its clients’ products (warehousing) and then ships the products out for the clients when necessary (trucking).

The …More