Crestmark September 2010 New Clients

For Immediate Release October 8, 2010

Contact: Lisa Beattie
Phone: 248-267-1639

Crestmark provided $14,300,000 in working capital facilities to 15 new businesses in September 2010.

Crestmark’s Troy, MI office provided:

  • $4,000,000 to a California home accessories distributor
  • $300,000 to a Michigan steel and oil recycler
  • $750,000 to a New York manufacturer of building materials
  • $1,200,000 to a Michigan prototype parts supplier
  • $2,000,000 to a Pennsylvania reseller of office supplies

Crestmark’s West Palm Beach, FL office provided:

  • $200,000 to a Kentucky industrial/general labor company
  • $400,000 to a California food and beverage wholesaler

Crestmark’s Baton Rouge, LA office provided:

  • $ 350,000 to a New Mexico oil and gas services company
  • $350,000 to a Colorado oil and gas services company
  • $1,000,000 to a Utah distributor of components to US Government
  • $1,500,000 to a Texas healthcare staffing company

Crestmark’s Nashville, TN office provided:

  • $100,000 to an Ohio freight brokerage
  • $50,000 to a New Jersey freight brokerage
  • $2,000,000 to an Ohio trucking company
  • $100,000 to an Oklahoma trucking company

Crestmark is a nationally recognized provider of working capital solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing and factoring. Headquartered in Troy, Michigan, with regional offices in Florida, Louisiana and Tennessee; sales offices located in Alabama, California, Florida, Illinois, New York, Ohio, Missouri, North Carolina and Texas.