Crestmark’s July 2010 Fundings

For Immediate Release August 23, 2010

Contact: Lisa Beattie
Phone: 248-267-1639

Crestmark provided $25,700,000 in working capital facilities to 12 new businesses in July 2010.

Crestmark’s Troy, MI office provided:

  • $250,000 to a Michigan computer software provider
  • $600,000 to a Michigan manufacturing company
  • $650,000 to an Ohio provider of tire monitoring systems

Crestmark’s West Palm Beach, FL office provided:

  • $ 4,000,000 to a Georgia distributor of electrical supplies
  • $5,000,000 to a Florida specialty staffing company
  • $1,000,000 to a Colorado temporary construction staffing company
  • Funds as collected factoring arrangement to a California importer of men’s apparel

Crestmark’s Baton Rouge, LA office provided:

  • $3,500,000 to a Texas manufacturer/provider of services to the oil and gas industry
  • $5,000,000 to a Maryland government contractor providing tech consulting
  • $300,000 to a Texas company providing service to the wind turbine industry
  • $400,000 to a California staffing company providing temporary nursing help
  • $5,000,000 to a Texas aggregate processing company