Celtic Bank
Salt Lake City bank with SBA 7(a) and 504 loans, USDA loans and equipment financing for small businesses.
About
Celtic Bank offers SBA 7(a) loans, "small business loans up to $5,000,000," and says its SBA 504 loans are "designed to finance long-term fixed assets like commercial real estate and equipment." Its home page also lists smaller SBA working capital loans from $25,000, USDA B&I loans and equipment financing, and says of equipment financing that "you'll be working directly with a FDIC-insured lender." Machine shops, manufacturing and industrial machinery are on its list of industries it has financed. By SBA's count it is one of the most active SBA 7(a) lenders. Who it is for: Small and medium sized businesses that want to buy equipment or real estate, buy a business or add working capital.
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