Would You Trust an Admissions Cheater?
Michael Hiltzik’s column in the Los Angeles Times on Sunday, March 17th posed the question: “Would you trust an admissions cheater?” This was prompted by the college admissions scandal in which doctors, a lawyer and investment executives among others are accused of fraud and bribery to get their kids into prestigious colleges.
I’m not a client of any of the accused but being in a business in which client referrals are the backbone of the industry, the question certainly got me thinking. I have hundreds of referral sources so I started thinking about what criteria they use to send a deal my way which brought me around to looking at how would I decide?
It goes without saying that referrals must go to companies that can do the deals but beyond that, it’s all about the people. I realized that my choice for making a referral would be to someone that I like, that I trust and who I talk with, or hear from, regularly.
Having been in the business for as long as I have, I know my referral base trusts that I have their and their clients’ best interests at heart and that I, and Celtic Capital, can provide what they need reliably and easily. Earning trust is something around which I’ve built my career.
So would I trust an admissions cheater? It’s an interesting question. Would you?
President & CEO
Celtic Capital Corporation
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.