Crestmark Closes Four Transactions Totaling $3.4 Million in the First Two Weeks of November

TROY, MICHIGAN (November 14, 2012) – A total of $3,400,000 in financial solutions was secured for four new Crestmark clients during the first two weeks of November. A North Carolina leather upholstery company was provided a $1,250,000 Traditional Factoring facility on November 7. This premier supplier designs high-quality leather upholstered furniture sold at specialty shops… Read more »

Crestmark Closes Seven Transactions Totaling $9 Million for New Clients the Month of October

TROY, MICHIGAN (November 1, 2012) – Seven transactions closed the month of October total $9,000,000 for new Crestmark clients. On October 2, Crestmark provided a $150,000 Accounts Receivable Purchase facility to a Michigan-based logistics company, a division of a transportation corporation. Funding will be used as working capital for this logistics start-up looking to make… Read more »

Five Transactions Closed the First Two Weeks of October Total $3.5 Million for New Crestmark Clients

TROY, MICHIGAN (October 18, 2012) – The first two weeks of October, Crestmark helped five new clients secure agreements totaling $3,500,000. On October 2, Crestmark provided a $150,000 Accounts Receivable Purchase facility to a Michigan-based logistics company, a division of a transportation corporation. Funding will be used as working capital for this logistics start-up looking… Read more »

Patricia E. Mooradian named to Crestmark Board

(TROY, MICHIGAN, October 15, 2012) – Patricia E. Mooradian, president of The Henry Ford, has been named to the board of directors of Crestmark Bancorp, Inc., and Crestmark Bank, a nationally recognized provider of working capital solutions for small- to medium-sized businesses. Mooradian joins the five member board effective immediately. “Patricia’s strategic vision and multifaceted… Read more »

Crestmark Closes Nine Transactions Totaling More Than $9.6 Million the Month of September

TROY, MICHIGAN (October 1, 2012) – Crestmark is pleased to announce that for the month of September the company helped nine new clients with agreements totaling $9,650,000. On September 6, Crestmark provided a $975,000 Accounts Receivable Purchase facility to a Missouri-based, trucking company specializing in time-critical, high-value shipments. The funding will be used for amortization… Read more »

Gregg Geil Joins the Crestmark Team

(TROY, MICHIGAN, September 18, 2012) – Crestmark is pleased to announce the addition of Gregg Geil, Vice President, Underwriting. Working out of Crestmark’s South Region Baton Rouge, Louisiana, office, Geil reports to Julie Halbert, First Vice President, Underwriting. His responsibilities include working with the Business Development Officers to underwrite working capital solutions for new clients,… Read more »

Crestmark Helps Build Strong Communities with Habitat for Humanity

TROY, MICHIGAN (September 13, 2012) – Eight members from the Midwest/Troy Region Crestmark put a compassionate spin on community relations, Saturday, September 8: The group and several of their loved ones dedicated a day working for Habitat for Humanity. This is the fifth year Crestmark has volunteered for Habitat for Humanity. With ladders, scrapers and… Read more »

Leslie Johnson Joins Crestmark Team

FOR IMMEDIATE RELEASE Contact Lisa Beattie 248.267.1639 lbeattie@crestmark.com (TROY, MICHIGAN, September 4, 2012) – Crestmark is pleased to announce the addition of Leslie Johnson as Regional First Vice President, Senior Business Development Officer. She reports through Ray Morandell out of the Midwest Region office. She is located in Ventura, California, and is responsible for covering… Read more »

Crestmark Employees Fundraise for the 3-Day

Three days. 60 miles. More than $12,400 in donations. Three members from the Midwest/Troy Region Crestmark accomplished this and more through their recent participation in the Southeast Michigan Susan G. Komen 3-Day for the Cure – a 3 day, 60 mile walk supporting the fight against breast cancer. The team – Sharmen McVay, Sherri Myers and… Read more »