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Jeffrey Silverstein Joins the Crestmark Team

For Immediate Release August 5, 2009

Contact: Mia Beattie
Phone: 248-267-1654

Crestmark Bank is pleased to announce the addition of Jeffrey Silverstein, as Vice President – Account Executive, to the West Palm Beach, Florida office. Silverstein brings over 30 years experience of new business development, credit, operations and management in the asset-based lending and factoring industry. Prior to Crestmark Bank, Jeff was Vice President at Associated Receivable Funding, a factoring company located in the southeastern US.

“Jeff and I worked together many years ago at Fidelcor Business Credit” said Crestmark Bank Group President, East Coast Region James Rothman. “His experience and skill in both new business and portfolio/client administration is a critical component to support our phenomenal growth in asset based lending and recourse factoring for the East Coast region. He complements our team atmosphere and get it done attitude tremendously.”

Crestmark Bank is a provider of innovative working capital solutions for small- to medium-sized businesses nationwide. Headquartered in Troy, Michigan, with regional offices in Florida, Louisiana and Tennessee. Sales offices are located in Arizona, California, Florida, Illinois, Louisiana, Michigan, New York, Ohio, and Texas.

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