Iain Michie Joins Crestmark Team

(TROY, MICHIGAN, November 19, 2012) – Crestmark is pleased to welcome Iain Michie, Vice President, Debtor Credit Manager. Michie works out of the Troy, Michigan, office.

Michie joins Crestmark from Marquette Commercial Finance in Texas, where he worked as a Credit Manager for five years. With over 45 years in the financial industry, Michie has tackled a range of positions – from collector, analyst, account, portfolio manager to CEO and President. He established himself working at a number of companies, including United Factors, Manufacturers Hanover, Heller, and Main Factors.

“Iain’s experience and knowledge are unparalleled and he will be a tremendous asset to our team,” said Jack R. Roper, Group President. “I enjoyed working with him in the past, and am glad to have him as a part of the Crestmark family.”

A native of Scotland, Michie moved to Canada and as a young adult spent 10 years working in the Arctic trading furs with the Eskimos. He began his financial career in Canada, and later moved with his family to Dallas. Michie has four children, is the proud grandfather to eight grandchildren, and this December he will celebrate his 25th wedding anniversary with wife Shannon.

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 and factoring. Crestmark finances most business-to-business companies, and has extensive experience in helping many industries including transportation, manufacturing, staffing, government contractors, apparel and furniture manufacturing. Headquartered in Michigan, with offices in Florida, Louisiana, Tennessee, New York, Alabama, California, Illinois, Ohio, Missouri, North Carolina, and Texas. www.crestmark.com