Crestmark Closes Six Transactions Totaling More Than $5 Million In the Second Half of October

TROY, Mich., (Nov. 4, 2015) – Crestmark secured a total of $5,858,000 in financial solutions for six new clients in the second half of October. On Oct. 20, a California-based designer and manufacturer of women’s dresses entered into a funds-as-collected traditional factoring facility with Crestmark. A $1,150,000 accounts receivable purchase facility was provided on Oct…. Read more »

Crestmark Names Steve Turkish Director of Trade Services Division

TROY, Mich., (Oct. 5, 2015) Crestmark Bank is pleased to announce that Steve Turkish has been promoted to director of the bank’s Trade Services Division. In this role, Turkish will lead and develop talent within the Division, and expand Crestmark’s footprint within the consumer products market niche. Turkish is based in New York City. Turkish… Read more »

Crestmark Expands SBA Lending Division; Promotions and Staff Additions Announced

Year-Old Division Granted Preferred Lender (PLP) Status by Small Business Administration Troy, Mich., (Sept. 28, 2015) – Mick Goik, president and chief operating officer (COO) of Crestmark Bank, recently announced promotions and new staff within the company’s SBA Lending Division. The SBA Lending Division, which recently marked its one-year anniversary, was established with a strategy… Read more »

Crestmark Wins Three Graphic Design Awards

Troy, Mich., (Sept. 23, 2015) – Crestmark Bank was honored by Graphic Design USA with three American Graphic Design Awards for advertising and direct mailings. One of the largest and long-running competitions of its kind, nearly 10,000 entries were submitted for the 2015 awards. The work was created in-house by Lisa Beattie, first vice president,… Read more »

Crestmark Closes Seven Transactions Totaling Nearly $4 Million

TROY, MICHIGAN (September 16, 2015) – Crestmark secured a total of $3,856,000 in financial solutions for seven new clients in the first half of September. On Sept. 1, a $500,000 accounts receivable purchase facility was provided to a trucking company in Illinois. The financing will be used to pay off previous lender and for working… Read more »

Crestmark Hires Stacy Nicholson Odendahl as Vice President, Business Development

WORKING OUT OF ATLANTA, ODENDAHL WILL SUPPORT SOUTHEAST UNITED STATES (TROY, MICHIGAN, September 2, 2015) Crestmark is pleased to announce the addition of Stacy Odendahl as vice president, business development officer for the East Division. Based out of Atlanta, she will assist in expanding Crestmark’s presence and financing opportunities in Georgia and surrounding states. She… Read more »