(TROY, MICHIGAN, October 7, 2014) Crestmark is proud to announce the addition of Sean Kinsella 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 Midwest Region Sales Manager, James Farrell. Working out of a St. Louis, Missouri office, he will be part of Crestmark’s expanding and growing Midwest Region.
Previously, Kinsella worked with Summit Financial Resources as Vice President, Business Development, where he provided asset-based lending to businesses in Missouri, Kansas, Illinois, Indiana and Kentucky. Prior to that, he worked in business development and in loan officer roles for The Commercial Finance Group, Jefferson Bank and Trust, Commercial Direct/Bayview Financial and US Bancorp. Kinsella has a Bachelor of Finance from the University of Missouri, St. Louis.
“Sean has a proven history as a high performer with the ability to create relationships,” said Farrell. “We are excited to have him join the Crestmark team. Sean is further evidence of Crestmark’s commitment as a national working capital provider using a local approach to doing business. We welcome Sean and look forward to accessing his skill in providing leveraged funding solutions to the lower middle market.”
“Sean’s addition and the territory that he covers are in line with Crestmark’s strategy to expand to new markets. In the last 18 months, we have expanded our Sales presence to the Mid- Atlantic, Northeast and the Intermountain Regions with experienced and quality representatives,” said Ray Morandell, Senior Vice President, National Sales Manager.
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 California, Colorado, Indiana, Maryland, Missouri, North Carolina, and Texas. www.crestmark.com