Fundings for Crestmark Bank, Crestmark Capital and Crestmark TPG

For Immediate Release January 14, 2009

Contact: Mia Beattie
Phone: 248-267-1654

Crestmark Bank, a national provider of working capital solutions to small- and mid-sized businesses, has provided the following financing solutions:

  • $600,000 to a Florida company who provides environmental consulting services and needed working capital
  • $3,500,000 to a start-up entity who is an exclusive telecommunications services dealer operating out of mall kiosks who is based in Michigan
  • $2,500,000 to a Alabama based plastic injection molder for the auto industry
  • $1,500,000 to a distributor of building supplies and various mill services located in Georgia
  • $3,000,000 North Carolina based manufacturer and distributor of synthetic yarns and craft products
  • $2,500,000 to a manufacturer and distributor of textile advertising products located in North Carolina
  • $4,000,000 to a Florida supplier of frequency control products used in wireless communication
  • $1,250,000 to a provider of IT professionals to various industries in Georgia
  • $3,500,000 to a Florida manufacturer of cement roof tiles
  • $6,000,000 to a manufacturer and distributor of additives and chemical engineering for textiles who is located in Georgia
  • Crestmark Capital, a wholly owned subsidiary of Crestmark Bank and located in Baton Rouge, LA is pleased to announce these recent fundings:

  • $350,000 to a manufacturer of parts for classic and muscle cars located in Arkansas to pay off existing bank and accommodate expansion
  • $250,000 to an Alabama based company that provides construction and maintenance for cell phone tower equipment for working capital
  • $1,000,000 to a company who provides print and advertising primarily to large retailers who is based in Texas for working capital
  • $500,000 to an Louisiana based oilfield service company who is experiencing rapid growth
  • $1,000,000 to a cable and cell phone installer located in California for working capital to support increased business
  • Crestmark TPG, the transportation specialty subsidiary of Crestmark Bank, and located in Nashville, TN has provided working capital solutions to the following transportation related companies:

  • $1,200,000 to a Georgia-based transportation company to provide cash flow as well as pay down an existing IRS obligation