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Recent Fundings for Crestmark Bank and Crestmark Capital

PRESS RELEASE
For Immediate Release November 22, 2009

Contact: Mia Beattie
Phone: 248-267-1654


Crestmark Bank, a national provider of working capital solutions to small- and mid-sized businesses, has provided the following financing solutions:

• $1,500,000 to a Texas-based distributor of flexible tanks that convert normal dry-load semi-trailers into liquid-transport semi-trailers
• $250,000 to a staffing company located in Michigan
• $1,500,000 to a California importer and distributor of bathroom ceramic sanitary ware
• $1,800,000 to a manufacturer and designer of specialized hospital beds, wheelchairs, and stretchers located in Ohio
• $2,000,000 to a Michigan-based company who provides prototype tooling to the automotive industries
• $300,000 to a company located in Michigan, who provides paint coating to the automotive industries
• $1,500,000 to a Michigan transportation company who provides straight hauling to their customers


Crestmark Bank, through the West Palm Beach, FL office, has provided the following factoring facilities:

• $2,000,000 to a California-based company who provides traveling nurse staffing services
• $3,500,000 to a start-up traveling nurse staffing company located in California


Crestmark Capital, a wholly owned subsidiary of Crestmark Bank and located in Baton Rouge, LA has provided the following financing solutions:

• $300,000 to a California-based company who provides technicians to splice fiber optic and copper telephone lines for phone companies
 

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