21. November 2011 13:32
Crestmark's Hoboken New Jersey office has picked up and moved into the garment district in New York City. They're happy to be a part of the city life, and will be more centrally located for their client base. Additionally, the office which traditionally offers traditional factoring to the apparel and footwear industries, will now be offering asset-based lending working capital solutions. Their new location is at: 535 Eighth Avenue, 6th Floor N, New York, NY 10018 and their new office number is 212.413.0900
21. November 2011 13:19
In the article, Tull explains: "We primarily finance companies that can't get working capital from traditional banks. Although we are a bank ourselves, we don't do all the things that most banks do. For example, we don't do consumer loans or offer checking accounts. All we do is finance business-to-business transactions."
Within the commercial sector, Crestmark provides working capital to a wide variety of businesses. Tull told The Suit, "We finance all kinds of companies, from auto suppliers to perfume manufactures to furniture distributors. We are very big into financing truckers, the transportation world, and staffing companies. And we even have one client that manufactures gourmet dog treats."
Read the entire article here: