Crestmark’s May 2010 Funding Arrangements

For Immediate Release June 1, 2010
Contact: Lisa Beattie
Phone: 248.267.1639

Crestmark provided $6,000,000 working capital facilities to 15 new businesses in May 2010.

Crestmark’s Troy, MI office provided:

  • $750,000 to a Michigan IT staffing company

Crestmark’s West Palm Beach, FL office provided:

  • $ 150,000 to a Florida wholesaler of janitorial products to institutions

Crestmark’s Baton Rouge, LA office provided:

  • $1,000,000 to a Florida staffing company providing temporary and relief nurses
  • $300,000 to a Texas underground utility construction company
  • $1,000,000 to a Texas industrial service provider to the petroleum, chemical industries
  • $150,000 to a California staffing company providing anesthesia technicians
  • $600,000 to an Arizona staffing company providing temporary nurses
  • $350,000 to a Louisiana staffing company providing labor to the marine industry
  • 150,000 to an Arizona staffing company providing temporary administrative workers
  • $300,000 to a Texas distributor of custom steel poles to universities and little league
  • $150,000 to Washington D.C. therapeutic home and shelter for troubled youth
  • $300,000 to a California staffing company providing commercial janitorial services
  • $100,000 to an Alabama provider of drilling fluids to the oil and gas industries
  • $750,000 to a Texas manufacturer of precision-machined aircraft parts

Crestmark Transportation Services, the transportation specialty subsidiary of Crestmark, located in Nashville, TN provided:

  • $750,000 to an Arkansas trucking company hauling timber and lumber products