268 South State Street, Ste. 300
Salt Lake City, UT 84111

P: (801) 320-6564
F: (801)303-1964


  • Daniel C. Godfrey: Vice President-Asset-Based Lending


Headquartered in Salt Lake City, Celtic Bank supports customers throughout the country. As a provider of small business loans, Celtic Bank offers flexible working capital lines of credit supported by accounts receivable and inventory. The bank provides working capital loans and capital up to $5 million. Requirements include minimum borrowing of $250,000. Products offered include:                                       

  • Asset-based lines of credit (except real estate or other non-current assets).
  • SBA working capital CAPLines.
  • Accounts receivable and inventory financing.
  • Full-service, non-recourse factoring.
  • Traditional factoring.
Offerings require a $250,000 minimum.

Size of Loans

  • $250,000 - $1,000,000
  • $1,000,000 - $5,000,000

Available Financing

  • ABL
  • Factoring Non-Recourse

Recent Transactions

BorrowerIndustryAmount (M)QuarterYear
Veterans Trading Co LLCDistributor/Electronic Components0.842008
Veterans Trading Co LLCDistributor/Electronic Components.832008