TROY, Mich., (May 11, 2021) – Crestmark, the Commercial Finance Division of MetaBank®, N.A., is pleased to announce the appointment of Steve Crain as national account executive, and Jeffrey S. Whitcomb as North American construction lead for the Crestmark Equipment Finance (“CEF”) Group. They will be providing financing solutions for diverse equipment types. Crain is… Read more »

TROY, Mich., (May 6, 2021) – Crestmark secured a total of $16,518,200 in ABL/factoring financial solutions for 13 new clients; Crestmark Equipment Finance provided $6,616,982 in five new transactions; and Crestmark Vendor Finance provided $5,846,027 in 63 new transactions in the first half of April. Crestmark’s Asset-Based Lending and Factoring: On Apr. 2, a $500,000… Read more »

TROY, Mich., (May 04, 2021) — Crestmark is pleased to announce that David Menoian has been promoted to Government Guaranteed Lending (GGL) business unit president. Menoian is based in Troy, Michigan and will oversee the company’s growing SBA and USDA lending portfolio. He will report to Division President Christopher Soupal. Menoian joined Crestmark in 2013… Read more »

TROY, Mich., (April 27, 2021) – Crestmark is pleased to announce the additions of Jeffrey Mitchell and Mena Rizk. In their new roles, they are responsible for business development of the company’s commercial lending offerings. Mitchell is based in Tampa, Florida, and Rizk is based in Newport Beach, California. They report to Steve Hansen, group… Read more »

TROY, Mich., (April 19, 2021) – Crestmark secured a total of $15,150,000 in ABL/factoring financial solutions for seven new clients; Crestmark Equipment Finance provided $30,768,825 in 15 new transactions; Crestmark Vendor Finance provided $6,544,102 in 57 new transactions; and the Government Guaranteed Lending group provided $18,126,800 in financing for four new clients in the second… Read more »

TROY, Mich., (April 15, 2021) — Crestmark is pleased to announce that Rick Pierman has been named senior vice president, business unit president of the Crestmark Equipment Finance (CEF) business unit. Based in Troy, Pierman will report to division president, Christopher Soupal. Pierman previously held the role of senior vice president, strategic operations with CEF…. Read more »

TROY, Mich., (April 1, 2021) – Crestmark secured a total of $9,715,246 in ABL financial solutions for six new clients; Crestmark Equipment Finance provided $7,543,149 in four new lease transactions; and Crestmark Vendor Finance provided $4,928,905 in 55 new lease transactions. Crestmark’s Asset-Based Lending and Factoring: On Mar. 5, a $3,000,000 ledgered line of credit… Read more »

TROY, Mich., (March 15, 2021) – Crestmark secured a total of $18,850,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $18,987,216 in six new lease transactions; Crestmark Vendor Finance provided $3,443,354 in 30 new lease transactions; the Joint Ventures group provided $3,775,680 in one new transaction; and the Government Guaranteed Lending… Read more »

TROY, Mich., (March 1, 2021) – Crestmark secured a total of $29,940,115 in ABL financial solutions for 15 new clients; Crestmark Equipment Finance provided $21,737,910 in 14 new lease transactions; Crestmark Vendor Finance provided $4,717,776 in 50 new lease transactions; the Joint Ventures group provided $3,788,960 in one new transaction; and the Government Guaranteed Lending… Read more »

TROY, Mich., (January 27, 2021) – Crestmark secured a total of $26,375,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $6,596,344 in three new lease transactions; Crestmark Vendor Finance provided $4,833,777 in 41 new lease transactions; the Joint Ventures Division provided $7,133,080 in two new transactions; and the Government Guaranteed Lending… Read more »