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Crestmark's July 2010 Fundings

PRESS RELEASE
For Immediate Release August 23, 2010

Contact: Lisa Beattie
Phone: 248-267-1639

 

Crestmark provided $25,700,000 in working capital facilities to 12 new businesses in July 2010.

Crestmark’s Troy, MI office provided:

• $250,000 to a Michigan computer software provider
• $600,000 to a Michigan manufacturing company
• $650,000 to an Ohio provider of tire monitoring systems


Crestmark’s West Palm Beach, FL office provided:

• $ 4,000,000 to a Georgia distributor of electrical supplies
• $5,000,000 to a Florida specialty staffing company
• $1,000,000 to a Colorado temporary construction staffing company
• Funds as collected factoring arrangement to a California importer of men’s apparel


Crestmark’s Baton Rouge, LA office provided:

• $3,500,000 to a Texas manufacturer/provider of services to the oil and gas industry
• $5,000,000 to a Maryland government contractor providing tech consulting
• $300,000 to a Texas company providing service to the wind turbine industry
• $400,000 to a California staffing company providing temporary nursing help
• $5,000,000 to a Texas aggregate processing company
 

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