From the day my father, Bron Hafner, founded Celtic Capital in 1982, we have focused on providing working capital financing to small and middle market companies. I joined my dad at Celtic Capital in 1985. Over the years, we have been privileged to help hundreds of business owners grow their companies and achieve their goals.
Celtic Capital serves companies that don’t qualify for traditional bank financing. Whether a company has a balance sheet or profitability issue, is experiencing high growth, or is going through a legal proceeding, Celtic Capital is here to fill the void. Our approach is to look first at collateral quality and performance. We also review the company’s financial statements, but we’re more focused on where the company is going than where it has been.
Strong collateral, a solid plan and a competent ownership/management team are what we look for in our clients. At Celtic Capital, we believe that owners and managers should have the latitude to operate their business in a way that makes the most sense for them. We don’t require a lockbox arrangement. Rather, we place more financial and operational controls in the hands of our borrowers. And because we focus on collateral quality, we don’t require financial covenants.
The vast majority of the companies we finance move on to, or back to, bank financing within two to three years. When our clients are ready for traditional bank financing, we consider it a success for the company and for Celtic Capital.
I hope you’ll take time to explore our site, as there is a wealth of information here. I would also encourage you to reach out to one of our Client Development Officers if you own, or know a company that we could help. You can find the Client Development Officer closest to you by going to the “Contact Us” page.
Thank you for your interest in Celtic Capital, where we are “Funding Tomorrow, Today.” We look forward to serving you or your clients in the near future.
Mark Hafner
President and CEO