Crestmark Adds Scott Blaeser to West Region Business Development Team

(TROY, MICHIGAN, August 19, 2014) Crestmark is proud to announce the addition of Scott Blaeser as Vice President, Business Development. He will assist in expanding Crestmark’s presence by providing asset-based lending to small to middle-market businesses. He will report to Crestmark West Coast Region Sales Manager, Robert J. Parks. Working out of a Colorado office, he will be part of Crestmark’s expanding and growing West Region.

Previously, Blaeser worked with Celtic Capital Corporation as a Senior Vice President, Business Development, where he established a lending presence in Denver with support for Utah, Arizona and New Mexico. Prior to that, he worked in business development roles for Systran Financial Services, GE Capital – Business Credit, Fremont Financial Business Credit/FINOVA, First Community Financial; and worked in business banking at Norwest Bank, where he graduated from their acclaimed College of Credit. Blaeser has a B.A. from Minnesota’s Saint John’s University.

“We are pleased to have Scott join the Crestmark team. His long-term presence and success in the Southwestern and Mountain States gives Crestmark an opportunity to leverage our product offering in the secured lending market for these areas,” said Parks. “Scott will complement Crestmark’s growing dedication to further penetrate this vital market as a national working capital provider while using our local approach to doing business. We welcome Scott and look forward to sharing his professionalism and knowledge in providing leveraged funding solutions to the middle market.”

Crestmark is a nationally known and respected FDIC-insured bank that provides innovative financial solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, factoring and machinery/equipment financing. Crestmark finances most business-to-business companies, and has extensive experience in helping many industries including transportation, manufacturing, staffing, petrochemical, government contractors, apparel and furniture manufacturing. Headquartered in Michigan, with locations in California, Florida, Louisiana, Tennessee, New York, and Illinois; representatives in Alabama, California, Indiana, Ohio, Maryland, North Carolina, and Texas. www.crestmark.com