contact

Call us today at

888.999.8050

for more information about our services; or use our apply online form, or fill out our contact form.

If you’ve previously worked with one of our representatives, find them here.

Working Capital Solutions Provided in October 2011

PRESS RELEASE
For Immediate Release November 1, 2011

Contact: Lisa Beattie
Phone: 248-267-1639
 
Crestmark provided $15,500,000 in working capital facilities to 13 businesses in October 2011.    
Crestmark’s Troy, MI office provided:
 
  • $950,000 working capital line of credit to a Michigan technology manufacturer
  • $250,000 accounts receivable purchase facility to a Michigan IT consulting firm
  • $500,000 working capital line of credit to a Michigan steel hauler
  • $750,000 working capital line of credit to a Michigan provider of promotional products
  • $500,000 working capital line of credit to a Missouri provider of IT services
  • $750,000 accounts receivable purchase facility to an Ohio IT staffing company
Crestmark’s West Palm Beach, FL office provided:  
 
  • $2,000,000 working capital line of credit to a California staffing company providing municipal employees
  • Funds as collected agreement to a Florida wholesaler of women’s denim apparel
Crestmark’s Baton Rouge, LA office provided:  
 
  • $5,000,000 working capital line of credit to a Maryland IT consulting firm
  • $3,000,000 working capital line of credit to a Texas printing company
  • $800,000 working capital line of credit to a Pennsylvania medical consulting company
  • $1,000,000 working capital line of credit to a Texas manufacturer of oil and gas production equipment
Crestmark’s Hoboken, NJ office provided:
 
·         Funds as collected agreement to a California designer and developer of wholesale apparel
 
Crestmark is a nationally recognized provider of working capital solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing and factoring. Headquartered in Troy, Michigan, with regional offices in Florida, Louisiana and Tennessee; sales offices located in Alabama, California, Florida, Georgia, Illinois, New Jersey, New York, Missouri, North Carolina and Texas. www.crestmark.com
 
###

Archives: 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006




Facebook LinkedIn Bookmark and Share

© 2014 Crestmark Bank ® All rights reserved.    | Community Reinvestment Notice | Privacy | Member FDIC