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Keltic Financial Services Provides $5.9MM Facility to Abercrombie Textiles

January 16, 2013, 07:31 AM

Keltic Financial Services announces the recent funding of a $5.9 million senior secured credit facility consisting of a $4 million revolving line of credit and a $1.9 million term loan to Abercrombie Textiles, a domestic weaver of flat woven upholstery fabric for the residential, hospitality, health care, recreational vehicle and transportation markets.

The company is headquartered in Cliffside, NC, and draws its manufacturing and personnel strength from the combination of the original Abercrombie Textiles in Shelby, NC, and the more recently acquired Cone Decorative facility in Cliffside, NC.

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