TROY, Mich., (Aug. 28, 2020) — Crestmark is pleased to announce that its equipment leasing and finance group has been recognized by the Monitor, a leading publication of the equipment leasing and finance industry, in its annual rankings of top equipment leasing and finance companies in the U.S.
Now in its 29th year, Monitor 100 ranks Crestmark Equipment Finance at No. 69 in net assets, up from No. 70 the previous year; and No. 65 in new business volume, up from No. 68. According to the Monitor 100, Crestmark Equipment Finance’s net assets grew by 15.1 percent from 2018 to 2019, and new business volume grew by 45.9 percent.
“We are honored to be named among the top 100 equipment leasing and finance companies,” said Tom Rutherford, Crestmark Equipment Finance group president. “2019 was a nice growth year for us, and surprisingly 2020 is not far off the pace, a real testament to our team. Despite the market challenges and quickly adapting to working from home, we’ve been able to continue to help our customers with their equipment financing needs seamlessly.”