Top 3 Reasons for Choosing Celtic Capital

We’re often asked why prospective clients (and referral sources) choose Celtic Capital over other asset based lenders. Here are a few of the reasons we know are of greatest importance to everyone:

1. We Have a Flat Organization

Mark Hafner, our President and CEO is involved in the sales process from proposal generation through closing. That equates to a streamlined, and quicker, approval process. And because of Mark’s involvement from the get-go, more deals close from proposal to approval. There are no surprises to slow down the process. We take deals out from their current lenders and bring them in to Celtic Capital quickly and easily.

And once “in,” if any kind of issue comes up, senior management (Mark Hafner and Alex Falo, our Chief Credit Officer) is readily available. Our prospects, referral sources and clients always have access to someone who can provide them with answers, quickly, when they need them – often under a tight timeline.

2. No Covenants

We believe that business owners should manage their businesses to suit their needs and wants instead of to financial covenants. This can be especially significant if a business is struggling, is seasonal, or if the owner wants more flexibility in how the business is managed. Covenants can be difficult for a borrower – the borrower must be in compliance and report to the lender that they are in compliance otherwise the lender can impose remedies (i.e., tighter borrowing limits, a freeze on borrowing, default interest rate increases or even asking the client to the exit the relationship). Our focus is on collateral performance, not financial covenants.

3. No Lockbox

Many business owners don’t like losing control of their collections. That’s why we have a non-notification system which makes our deals invisible to the customers of our borrowers. Our borrowers’ customers will not send checks to us; they will continue to send checks directly to our borrowers.


About Celtic Capital
Companies looking for working capital to cover operating expenses, fund growth, increase buying power and take advantage of vendor discounts and rebates turn to Celtic Capital. With an appetite for the more complex transactions, Celtic Capital has a history of success in crafting creative, flexible asset based financing solutions from $500,000 to $5 million with no financial covenants.

As an independent lender, working with companies nationwide, Celtic Capital is willing and able to alter price and deal structure and expand lines of credit to handle its clients’ increased revenues; and when cash flow is an issue, will look toward providing an inventory facility to help offset lost cash flow.

If you know of, or are, a business in need of non-traditional financing, contact Mark Hafner at 800.742.0733 or, or visit us at