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Recent Fundings for Crestmark Bank, Crestmark Transportation Services and Crestmark Capital

PRESS RELEASE
For Immediate Release December 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:

• $850,000 to a Michigan-based manufacturer of electrical circuit boards for the automotive, medical and other various industries
• $500,000 to a manufacturer and distributor of nutritional supplements located in New York
• $1,000,000 to a Michigan-based company who provides engineering services
• $500,000 to a company located in Michigan for an acquisition to purchase assets of a die company in Michigan


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

• $ 750,000 to a small start-up calibration company located in California
• $450,000 to a Alabama-based general contractor specializing in industrial coasting and specialty lining applications
• $2,500,000 to a plant located in Texas that processes and distributes live farm raised catfish


Crestmark Transportation Services, the transportation specialty subsidiary of Crestmark Bank, and located in Nashville, TN has provided working capital solutions to the following transportation related companies:

• $200,000 to a Kentucky-based trucking company
• $250,000 to a trucking company based in Texas who is looking to expand their fleet
• $1,500,000 to a Illinois-based trucking company servicing the food, chemical and paper industries
• $200,000 to a start-up trucking company located in Maryland


 

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