Crestmark offers Transflo ELD technology to trucking companies; Partnership brings hassle-free compliance to meet December mandate deadline

TROY, Mich., (October 3, 2017) —Beginning December 18, 2017, electronic logging devices (ELDs) are required for an estimated 3.4 million U.S. commercial truck drivers. A preferred partnership with Transflo and Crestmark will help transportation companies get equipped for the mandate deadline. ELD technology connects the vehicle’s engine with the driving log to ensure that hours… Read more »

Crestmark Bank Opens Canadian Representative Office in Ontario, Canada

Nick Dounas Hired as Crestmark Vice President, Head of Canadian Originations TROY, Mich., (August 24, 2017) – Mick Goik, president and chief operating officer, announced the opening of a Crestmark Canadian location to provide Crestmark’s growing line of alternative lending to businesses throughout Canada. Previously, Crestmark offered purchase-factoring solutions, but will also offer asset-based lending… Read more »

Crestmark Named to 2017 List of Fastest-Growing U.S. Companies by Inc. Magazine

TROY, Mich., (August 23, 2017) — With 64 percent growth over the last three years, Crestmark Bank was named among the fastest-growing private companies in the U.S., according to the 2017 Inc. 5000 list, published by Inc. magazine. For its fourth appearance on the annual list, Crestmark ranked 47 among the fastest-growing companies in Metro… Read more »