Michael Parker Joins Crestmark Team

Michael Parker Joins the Crestmark Team

Crestmark is pleased to announce the addition of Michael Parker, reporting to Crestmark’s West Palm Beach office. He will be based out of Tampa, Florida with responsibility for credit assessment and underwriting for the East Region.

Mike brings with him over 30 years of asset-based lending experience with both bank-affiliated and privately- held commercial finance companies, including Bank of America, U.S. Bank, Heller Financial and First Capital Corporation. Most recently, he was a managing director in the Corporate Finance Department of LCG Capital Group where he was responsible for originating and structuring various forms of capital for a wide range of lower middle-market companies. Previously, he held senior management positions responsible for business origination, credit underwriting, portfolio management and loan workouts at both the corporate and regional levels.

Actively involved in the Commercial Finance Association (CFA), Mike currently serves on its Membership Committee and is a board member of the CFA Florida Chapter; he is also a past president of the CFA’s Southwest Chapter. Mike is a graduate of DePaul University and the CFA Wharton Institute at University of Pennsylvania.

“Michael brings a wealth of experience to Crestmark,” said Jim Rothman, Crestmark Group President. “We look forward to utilizing his many skills in helping clients get funded promptly.”

Crestmark Bank 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, Arizona, California, Florida, Illinois, New York, Ohio, Missouri, North Carolina and Texas. www.crestmark.com