Working Capital Solutions Provided in May 2012

PRESS RELEASE For Immediate Release June 1, 2012 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $18,550,000 in working capital facilities to 17 businesses in May 2012. Crestmark’s Troy, MI office provided: $500,000 accounts receivable purchase facility to a California textile distributor $500,000 ledgered line of credit to a Michigan company specializing in wiring assembly $500,000 ledgered line… Read more »

Crestmark’s April 2012 Working Capital Solutions

PRESS RELEASE For Immediate Release May 1, 2012   Contact: Lisa Beattie Phone: 248-267-1639   Crestmark provided $17,300,000 in working capital facilities to 19 businesses in April 2012.   Crestmark’s Troy, MI office provided: $625,000 asset based lending facility to a West Virginia manufacturing and training company $750,000 ledgered line of credit to a Minnesota technology services… Read more »

Scot R. Lund Joins the Crestmark Team

FOR IMMEDIATE RELEASE Contact: Lisa Beattie lbeattie@crestmark.com Crestmark is pleased to announce the addition of Scot R. Lund, Vice President, Client Services, to the Crestmark team. He reports through Crestmark’s Chief Credit Officer, Mark Matheson, and will provide assistance to Crestmark clients who could benefit from a unique interactive planning program to enhance the way… Read more »

Crestmark Names Mick Goik President / COO

FOR IMMEDIATE RELEASE April 16, 2012 Contact: W. David Tull dtull@crestmark.com TROY, MICHIGAN    Crestmark is pleased to announce the promotion of Mick Goik to President and Chief Operating Officer of Crestmark Bank, overseeing corporate operations and the four regional offices nationwide. Previously, he was Executive Vice President and Chief Financial Officer, and has been with Crestmark for nine years…. Read more »

Working Capital Solutions Provided in March 2012

PRESS RELEASE For Immediate Release April 3, 2012 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $15,950,000 in working capital facilities to 16 businesses in March 2012. Crestmark’s Troy, MI office provided: $300,000 ledgered line of credit to a Michigan staffing company providing speech and physical therapists $500,000 accounts receivable purchase facility to an Illinois manufacturing company $500,000… Read more »

Crestmark’s West Palm Beach Office Makes a Move

BOYNTON BEACH, Fla., March 30, 2012 / — Crestmark’s East Region headquarters, located in West Palm Beach, Florida will be moving its location on March 30, 2012. They will be moving to 1500 Gateway Boulevard, Suite 250, Boynton Beach, Florida 33426. The relocation provides space for recent growth, and will allow for planned expansion of… Read more »

Working Capital Solutions Provided in February 2012

PRESS RELEASE For Immediate Release March 2, 2012 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $12,880,000 in working capital facilities to 22 businesses in February 2012.   Crestmark’s Troy, MI office provided: $600,000 ledgered line of credit to a Michigan producer of iron and steel casings $750,000 ledgered line of credit equipment financing to a Michigan manufacturer… Read more »

Crestmark’s January 2012 Working Capital Solutions

PRESS RELEASE For Immediate Release February 3, 2012 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $7,825,000 in working capital facilities to 14 businesses in January 2012. Crestmark’s Troy, MI office provided: $400,000 accounts receivable purchase facility to a Canadian manufacturer and distributor of automotive parts. $750,000 ledgered line of credit to an Illinois transfer and delivery company… Read more »

Latitude Solutions, Inc. and Crestmark Bank Finalize a $5 Million Revolving Asset-based Line of Credit

FOR IMMEDIATE RELEASE February 2, 2012 Contact Lisa Beattie 248.267.1639 Boca Raton, Florida – Latitude Solutions, Inc. (“LSI” or the “Company”), trading symbol OTC: LATI.QB announced today that the Company and Crestmark Bank have finalized the establishment of a $5 million revolving asset-based line of credit. This type of working capital facility will provide LSI with… Read more »

Kristin E. Martin Joins the Crestmark Team

PRESS RELEASE For Immediate Release January 26, 2012 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark is pleased to announce the addition of Kristin E. Martin, Vice President, Underwriter, to the Crestmark team. She will work as a part of Crestmark’s growing East Region out of the West Palm Beach, Florida office. Martin joins Crestmark from First… Read more »