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Keltic Financial Provides $6MM Credit Line to IGXGLOBAL

January 10, 2013, 02:05 PM

Keltic Financial Services announced the recent funding of a $6 million senior secured revolving line of credit to IGXGLOBAL CORP, a subsidiary formed by iGambit Inc. to purchase the business of IGXGlobal, Inc. and IGXGlobal UK Limited.

IGXGlobal is a provider of information technology services and solutions designed to improve the performance, infrastructure and security of its clients' operations. The company, which was founded in the US in 1998 and expanded to the UK in 2006, works with service providers, enterprises and small businesses.

iGambit is a diversified holding company whose objective is the acquisition and development of small to medium sized businesses engaged in licensing and/or services with recurring revenue models.

Keltic Financial Services is a privately owned finance company providing asset based loans to small- and middle-market companies to meet their cash flow needs.

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