Matt Damian’s Post

‼️30 Days =💲6️⃣0️⃣ MILLION Funded‼️ The last month has been incredibly busy for me personally here at Celtic Bank, funding over $60,000,000 of SBA 7a and 504 loans - I wanted to share some of the loans I've closed as an example of the types of projects we are getting done.

‼️JUST CLOSED‼️ 💸 $1,306,100 🇺🇸 SBA 7a ⚙️ Manufacturing Company 🥔 Idaho 🌎 ITL - 90% Guaranty 🤩 The customer acquired a manufacturing business 3️⃣ years ago and has continued to grow 🚀 . They needed to refinance some equipment debt, and obtain some working capital that allowed them to launch a new product line. Celtic Bank was able to approve a new #sba7a loan for this customer, with a 9️⃣0️⃣% guaranty 🤯 based on the borrowers growth into international sales. This project was referred to me by a prior customer who, as a 3-time SBA borrower knew the power of the #sba loan program!!! If you or your client is looking for capital to fuel continued growth, in the 🇺🇸 or beyond, we have the team that can make your vision a reality!!! -- 📱 661-213-7700 📧 mdamian@celticbank.com 🌐https://lnkd.in/g-aspsJk #sba #sba7a #debtrefinance #manufacturing #internationalbusiness #workingcapital #equipment

‼️JUST CLOSED‼️ 💰 $499,000 🇺🇸 SBA 7a 🤝 Business Acquisition 🏠 Construction / Remodeling This #sba7a loan was used to acquire a home remodeling business - our buyer had several banks competing for his business, but Celtic Bank was able to offer certainty of close and a transparent process that won the day. There were plenty of twists and turns along the way, including an advisor who suggested waiving a massive amount of due diligence and forgoing the entire CA bulk sale process to "close faster" - luckily both buyer and seller agreed to go through the bulk sale process to ensure a clean transaction, which worked well for all parties! If you're seeking financing to acquire a business, we have the team and process in place to help your ETA dreams come true! -- 📱 661-213-7700 📧 mdamian@celticbank.com 🌐https://lnkd.in/g-aspsJk

‼️JUST CLOSED‼️ 💰 $1,950,000 🇺🇸 SBA 7a 🔄 Debt Refinance and Working Capital 🏠 Construction / Manufacturing This #sba7a project was for an excellent, growing company who had recently acquired multiple businesses in the same space within the last year. They were looking for a financing partner to help consolidate all outstanding business debt and provide growth capital to assist in their organic development of market share, as well as purchase some much needed equipment. Celtic Bank was able to provide a long term, fully amortizing SBA 7a loan to accomplish all of these goals! Shout out to the client, who was 🔛🔝of the documentation requests and helped us get the project closed in record time! If you or your client are looking for a financing partner who can quickly understand and address your business financing needs, our team can execute for you! -- 📱 661-213-7700 📧 mdamian@celticbank.com 🌐https://lnkd.in/g-aspsJk

‼️🔥ONE MORE CLOSED🔥‼️ 💰$18,800,000 🇺🇸 SBA 504 🏨 Hotel 🌉 Bridge Loan Refinance We originally proposed terms on this loan in March, but the borrower declined our offer in favor of working with "his bank" who was offering some pretty unbelievable terms... When his relationship bank failed to deliver after several months, Celtic Bank stepped up to the plate, honored the initial terms we offered and worked to quickly close the project! The Celtic team continues to perform on the most complex of projects, and I'm very proud to be a part of this organization! If you're looking for capital for large, unique or complex owner occupied real estate projects, our team can execute for YOU! -- 📱 661-213-7700 📧 mdamian@celticbank.com 🌐https://lnkd.in/g-aspsJk

‼️JUST CLOSED ‼️ 💰 $22,584,000 🇺🇸 SBA 504 🏗️ Ground-Up Construction 🛥️ RV & Boat Storage 💵 Broker Fee Paid This project had many moments where I was convinced it was "pencils down" due to changes, re-negotiations, curve balls and last minute cost increases, but the Celtic Bank team continued to find a way to support the borrower and the project. Huge shout out to the broker on this project who earned thier fee and then some. Thank you so much for your continued support and laser focus on this important deal. If you're looking for capital for large, unique or complex owner occupied real estate projects, our team can execute! -- 📱 661-213-7700 📧 mdamian@celticbank.com 🌐https://lnkd.in/g-aspsJk

❗️JUST CLOSED❗️ 💰 $15,391,000 🇺🇸 SBA 504 🏭 Real Estate purchase 🍊 Ag related company This one had a MAJOR curve ball thrown at us right before closing, with the borrowers massive escrow deposit on the line... Luckily the Celtic Bank team was able to quickly pivot and provide a solution to get the deal DONE ✅ Unwavering support from Joel Carey and an incredibly high-integrity borrower with a great business make this one worth sharing 📢 If you're looking for capital for large, unique or complex owner occupied real estate projects, our team can execute! -- 📱 661-213-7700 📧 mdamian@celticbank.com 🌐https://lnkd.in/g-aspsJk

Production continues to remain strong 💪🏼 here at Celtic Bank! Joel Carey's team continues to build momentum, and Celtic remains committed to fulfilling the promise of the #sba by funding small business projects across the USA 🇺🇸 Offering #sba7a #sba504 and #usda financing across all 50 states, below are some examples of deals that are getting done here at Celtic Bank. #smallbusiness #expansion #construction #startup #hospitality #carwash #gasstation #restaurant #hotel #selfstorage #travelcenter -- mdamian@celticbank.com 661-213-7700

✅ Done Deal Alert 🚨 $576,000 SBA 7a 🇺🇸 Start-Up / Projection Based 📈 Medical Industry 🏥 90% Financing with Working Capital 💵 This borrower was a referral from a prior customer who was also the landlord for this project. Talk about a win-win! The #sba program allowed this borrower to start their entrepreneurial journey with ample working capital and a solid balance sheet Celtic Bank continues to provide borrowers with common sense #sba7a and #sba504 loans that fuel business growth across the Country! 661-213-7700 mdamian@celticbank.com