Founded in 2001 and headquartered in Salt Lake City, Utah, Celtic Bank is a privately owned industrial bank chartered by the State of Utah. Celtic Bank specializes in small business finance, helping business owners with working capital, expansion, acquisition, construction, equipment financing, renewable energy finance, real estate purchases and refinances, and more.
Celtic Bank has ranked as one of the top ten SBA lenders nationally since 2013. Celtic Bank has a proven track record in a range of industries, including renewable energy finance, healthcare, gas station / C-store, car wash, hotel and others. Every business loan application is approached with a creative and problem-solving mindset, and we aim to structure tailored financing solutions that help our clients meet their growth objectives.
SBA 7(A) LOANS
Take advantage of our many loan opportunities to and expand your small business. We’re here to meet and exceed your expectations so you can do the same for your clients.
| Purpose: | Working capital, refinance, business acquisition, R/E purchase/construction, purchase equipment or inventory |
| Loan Amounts: | $350,001 to $5,000,000 |
| Collateral: | Commercial R/E, inventory, FF&E (furniture, fixtures, and equipment) |
| Term: | Varies, up to 25 years |
| Rate: | Fixed or variable rate |
| Eligibility: | Owner-operated and for-profit |
| LTV: | Varies, up to 90% |
When your business needs working capital to grow, Celtic Express is the answer for loans from $20,000 to $150,000. The bottom line is, Celtic Bank Express brings big ideas to small business.
| Purpose: | Working capital, purchase equipment |
| Loan Amounts: | $20,000 to $150,000 |
| Collateral: | Best available lien on business assets |
| Term: | Up to 10 years |
| Rate: | Variable rate |
| Eligibility: | Owner-operated and for-profit No construction/tenant improvements Must have location identified |
| LTV: | Not applicable |
