Crestmark Provides More Than $28.9 Million in Commercial Financing to 81 Businesses in the First Half of April

TROY, Mich., (May 6, 2021) – Crestmark secured a total of $16,518,200 in ABL/factoring financial solutions for 13 new clients; Crestmark Equipment Finance provided $6,616,982 in five new transactions; and Crestmark Vendor Finance provided $5,846,027 in 63 new transactions in the first half of April. Crestmark’s Asset-Based Lending and Factoring: On Apr. 2, a $500,000… Read more »

Crestmark, a division of MetaBank, Promotes David Menoian to Senior Vice President, Government Guaranteed Lending Business Unit President

TROY, Mich., (May 04, 2021) — Crestmark is pleased to announce that David Menoian has been promoted to Government Guaranteed Lending (GGL) business unit president. Menoian is based in Troy, Michigan and will oversee the company’s growing SBA and USDA lending portfolio. He will report to Division President Christopher Soupal. Menoian joined Crestmark in 2013… Read more »

Crestmark, a division of MetaBank, Welcomes Jeffrey Mitchell and Mena Rizk to the Commercial Lending Development Team

TROY, Mich., (April 27, 2021) – Crestmark is pleased to announce the additions of Jeffrey Mitchell and Mena Rizk. In their new roles, they are responsible for business development of the company’s commercial lending offerings. Mitchell is based in Tampa, Florida, and Rizk is based in Newport Beach, California. They report to Steve Hansen, group… Read more »

Crestmark Provides More Than $70.5 Million in Commercial Financing to 83 Businesses in the Second Half of March

TROY, Mich., (April 19, 2021) – Crestmark secured a total of $15,150,000 in ABL/factoring financial solutions for seven new clients; Crestmark Equipment Finance provided $30,768,825 in 15 new transactions; Crestmark Vendor Finance provided $6,544,102 in 57 new transactions; and the Government Guaranteed Lending group provided $18,126,800 in financing for four new clients in the second… Read more »

Crestmark, a division of MetaBank, Names Rick Pierman as Crestmark Equipment Finance Senior Vice President, Business Unit President

TROY, Mich., (April 15, 2021) — Crestmark is pleased to announce that Rick Pierman has been named senior vice president, business unit president of the Crestmark Equipment Finance (CEF) business unit. Based in Troy, Pierman will report to division president, Christopher Soupal. Pierman previously held the role of senior vice president, strategic operations with CEF…. Read more »

Crestmark Provides More Than $22.1 Million in Commercial Financing to 65 Businesses in the First Half of March

TROY, Mich., (April 1, 2021) – Crestmark secured a total of $9,715,246 in ABL financial solutions for six new clients; Crestmark Equipment Finance provided $7,543,149 in four new lease transactions; and Crestmark Vendor Finance provided $4,928,905 in 55 new lease transactions. Crestmark’s Asset-Based Lending and Factoring: On Mar. 5, a $3,000,000 ledgered line of credit… Read more »

Crestmark Provides More Than $46 Million in Commercial Financing to 46 Businesses in the Second Half of February

TROY, Mich., (March 15, 2021) – Crestmark secured a total of $18,850,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $18,987,216 in six new lease transactions; Crestmark Vendor Finance provided $3,443,354 in 30 new lease transactions; the Joint Ventures group provided $3,775,680 in one new transaction; and the Government Guaranteed Lending… Read more »

Crestmark Provides More Than $72.7 Million in Commercial Financing to 84 Businesses from mid-January to mid-February 2021

TROY, Mich., (March 1, 2021) – Crestmark secured a total of $29,940,115 in ABL financial solutions for 15 new clients; Crestmark Equipment Finance provided $21,737,910 in 14 new lease transactions; Crestmark Vendor Finance provided $4,717,776 in 50 new lease transactions; the Joint Ventures group provided $3,788,960 in one new transaction; and the Government Guaranteed Lending… Read more »

Crestmark Provides More Than $54.7 Million in Commercial Financing to 57 Businesses in the First Half of January

TROY, Mich., (January 27, 2021) – Crestmark secured a total of $26,375,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $6,596,344 in three new lease transactions; Crestmark Vendor Finance provided $4,833,777 in 41 new lease transactions; the Joint Ventures Division provided $7,133,080 in two new transactions; and the Government Guaranteed Lending… Read more »

Crestmark Welcomes Charles D. Starck as Business Development Officer to Commercial Business Credit Group

TROY, Mich., (January 26, 2021) — Crestmark is pleased to announce the appointment of Charles D. Starck as vice president, business development officer for the Commercial Business Credit Group. Based in Milwaukee Wisconsin, he will target businesses in Wisconsin, Minnesota, Iowa, and the Chicagoland area; he will report to Senior Vice President, Commercial Business Credit… Read more »