Crestmark Promotes Bob Leonard to Senior Vice President for Crestmark Equipment Finance

TROY, Mich., (October 12, 2018) — Crestmark is pleased to announce the promotion of Bob Leonard to senior vice president, managing director of indirect originations for the Crestmark Equipment Finance (CEF) division. Leonard joined Crestmark in January 2017 as vice president, managing director of indirect originations, reporting to CEF’s President Tom Rutherford. “Bob had an… Read more »

Crestmark Provides More Than $67.5 Million in Commercial Financing to 69 Businesses in the Second Half of September

TROY, Mich., (October 4, 2018) – Crestmark secured a total of $22,050,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $1,289,956 in two new lease transactions; Crestmark Vendor Finance provided $4,443,416 in 47 new lease transactions; and the Government Guaranteed Lending division provided $39,752,098 in financing for 12 new clients in… Read more »

Crestmark Provides More Than $35 Million in Commercial Financing to 94 Businesses in the First Half of September

TROY, Mich., (September 25, 2018) – Crestmark secured a total of $14,400,000 in ABL financial solutions with 17 transactions for 15 new clients; Crestmark Equipment Finance provided $2,968,342 in four new lease transactions; Crestmark Vendor Finance provided $6,800,000 in 73 new lease transactions; and the Government Guaranteed Lending division provided $10,866,000 in financing for two… Read more »

Meta Financial Group, Inc.® Completes Acquisition of Crestmark® Bancorp, Inc.

Acquisition propels Meta into national commercial and industrial lending SIOUX FALLS, S.D., (Aug. 1, 2018) – Meta Financial Group, Inc.® (Nasdaq: CASH) (“Meta” or the “Company”) the holding company for MetaBank®, announced today that it completed the previously announced acquisition of Crestmark® Bancorp, Inc. and its Michigan state-chartered bank subsidiary, Crestmark Bank. Crestmark has provided… Read more »