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 »

Crestmark Bank Makes Inc.’s 2015 List of Fastest Growing Private Companies

Crestmark Ranked on the List for the Second Time (TROY, MICHIGAN, August 13, 2015) Troy-headquartered Crestmark Bank is one of the fastest growing private companies in the U.S. according to Inc. magazine. In its just-released 34th annual list of America’s Fastest Growing Private Companies, Crestmark ranked 61st among the fastest-growing companies in Metro-Detroit, 102nd in… Read more »

Crestmark Serves the Community with Macomb Habitat for Humanity

(TROY, MICHIGAN, July 29, 2015) Eighteen Crestmark employees, family members, and friends volunteered with Macomb Habitat for Humanity to refurbish a house in Eastpointe, Mich., on Saturday, July 25, 2015. They spent the day painting the interior and exterior of the house, installing siding on the garage, replacing the floor molding, landscaping, and building/installing new… Read more »

Crestmark’s Equipment Leasing Division achieves Monitor 100 ranking for Nationwide Equipment Leasing Companies

BLOOMFIELD HILLS, MICH., (July 23, 2015) – Crestmark Equipment Finance/TIP Capital, recently achieved the #85 ranking in the 2015 Monitor 100 and #79 in new business volume for nationwide commercial equipment leasing companies. Crestmark Equipment Finance’s rise in the 2015 Monitor 100 rankings originates from an 11.1% increase in net assets ($250 million) and 9%… Read more »