TROY, Mich., (May 13, 2020) – Crestmark secured a total of $3,950,000 in ABL financial solutions for four new clients; Crestmark Equipment Finance provided $17,383,632 in eight new lease transactions; Crestmark Vendor Finance provided $8,457,754 in 71 new lease transactions; and the Government Guaranteed Lending Division provided $5,423,700 in financing for two new clients in… Read more »

TROY, Mich., (May 08, 2020) – Crestmark is pleased to announce they have funded more than $215 million for small businesses through the Paycheck Protection Program (PPP), part of the SBA CARES stimulus package. More than 670 small businesses were funded by Crestmark as part of program in 38 states. More than half of the… Read more »

TROY, Mich., (May 1, 2020) – Crestmark’s Healthcare Financial Services group is proud to announce its first completed funding and the addition of Underwriting Manager Chad Kerr to the team. Since its soft launch in December 2019, the group has reviewed numerous opportunities, and closed its first official funding on March 24. The $600,000 ledgered… Read more »

TROY, Mich., (Apr. 29, 2020) – Crestmark secured a total of $24,150,000 in ABL financial solutions for 14 new clients; Crestmark Equipment Finance provided $6,088,469 in six new lease transactions; Crestmark Vendor Finance provided $5,776,035 in 54 new lease transactions; and the Government Guaranteed Lending Division provided $5,295,000 in financing for three new clients in… Read more »

TROY, Mich., (Apr. 13, 2020) – Crestmark secured a total of $13,900,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $3,654,190 in five new lease transactions; Crestmark Vendor Finance provided $5,048,790 in 63 new lease transactions; and the Government Guaranteed Lending Division provided $1,420,000 in financing for one new client in… Read more »

TROY, Mich., (Mar. 25, 2020) – Crestmark secured a total of $20,250,000 in ABL financial solutions for seven new clients; Crestmark Equipment Finance provided $13,763,020 in 6 new lease transactions; Crestmark Vendor Finance provided $5,524,480 in 52 new lease transactions; and the Government Guaranteed Lending Division provided $9,900,000 in financing for five new client in… Read more »

TROY, Mich., (Mar. 10, 2020) – Crestmark secured a total of $10,450,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance provided $15,950,106 in nine new lease transactions; Crestmark Vendor Finance provided $4,247,630 in 46 new lease transactions; and the Government Guaranteed Lending Division provided $1,680,000 in financing for one new client in… Read more »

TROY, Mich., (Feb. 25, 2020) – Crestmark secured a total of $6,300,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance provided $24,532,533 in 10 new lease transactions; Crestmark Vendor Finance provided $5,580,236 in 56 new lease transactions; and the Government Guaranteed Lending Division provided $5,224,037 in financing for three new clients in… Read more »

TROY, Mich., (Feb. 11, 2020) – Crestmark secured a total of $12,000,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance provided $12,156,249 in 12 new lease transactions; Crestmark Vendor Finance provided $7,472,296 in 87 new lease transactions; the Joint Ventures Division provided $994,451 in financing for one client; and the Government Guaranteed… Read more »

TROY, Mich., (Feb. 5, 2020) — Crestmark has announced an internal restructure and the launch of two new groups that will increase efficiency and timeliness in providing financing to the marketplace. Crestmark’s Business Credit group will focus on asset-based lines of credit and the Commercial Capital group will focus on capital needs primarily secured by… Read more »