Crestmark Expands Transportation Finance Division; Enters Into Strategic Alliance with Comdata Corporation

[Nashville, Tennessee] Crestmark Transportation Services, a division of Crestmark Bank, announces the execution of strategic arrangements with Comdata including the transfer of its receivable financing portfolio. Comdata is a leading provider of corporate payment solutions, headquartered in Brentwood, Tennessee. “We’ve been looking for a partner to work with on the expansion of our services, and… Read more »

Crestmark Promotes Scott Frederick and Matt Dekutoski

PRESS RELEASE For Immediate Release September 12, 2011 Crestmark is pleased to announce the promotion of Scott Frederick to Regional First Vice President of Business Development and Matt Dekutoski to Regional First Vice President of Business Development. They are based out of the Midwest Region/Troy, Michigan office. Frederick joined the Crestmark team in 2005 and… Read more »

Jerry Tidd Rejoins Crestmark Team

PRESS RELEASE For Immediate Release September 1, 2011 Crestmark is pleased to announce the addition of Gerald “Jerry” Tidd as Vice President, Business Development, to the Crestmark team. He reports through Ray Morandell in the Midwest Region/Troy Michigan office; and is located in Cleveland, Ohio. Tidd, who brings over 40 years of commercial finance experience,… Read more »

Working Capital Solutions Provided in August 2011

PRESS RELEASE For Immediate Release August 30, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $14,450,000 in working capital facilities to 19 new businesses in August 2011. Crestmark’s Troy, MI office provided: $800,000 working capital line of credit to a California medical supply company $500,000 accounts receivable purchase facility to a Florida provider of mental… Read more »

Crestmark Volunteers Assist Habitat for Humanity in August 2011

PRESS RELEASE For Immediate Release August 26, 2011 Contact: Lisa Beattie Phone: 248-267-1639 lbeattie@crestmark.com Members of Crestmark’s Troy, Michigan office took part in Habitat for Humanity’s house rehabilitation in Madison Heights, Michigan on Saturday, August 13, 2011. This is the fourth year that Crestmark has assisted with Habitat’s Southeastern Michigan efforts. Fourteen Crestmark employees from… Read more »

Working Capital Solutions Provided in July 2011

PRESS RELEASE For Immediate Release August 3, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $14,950,000 in working capital facilities to14 new businesses in July 2011. Crestmark’s Troy, MI office provided: $200,000 accounts receivable purchase facility to an Indiana trucking company $500,000 accounts receivable purchase facility to a Michigan property services company $1,000,000 asset based… Read more »

Working Capital Solutions Provided in June 2011

PRESS RELEASE For Immediate Release July 1, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $19,850,000 in working capital facilities to 20 new businesses in June 2011. Crestmark’s Troy, MI office provided: $750,000 working capital line of credit to an Ohio service provider to automotive suppliers $2,000,000 working capital line of credit to an Ohio… Read more »

Crestmark Volunteers Help Teach Children to Save

PRESS RELEASE For Immediate Release June 14, 2011 Contact: Lisa Beattie Phone: 248-267-1639 lbeattie@crestmark.com Crestmark employees went to the classroom to teach as part of the American Bankers Association’s 15th Annual Teach Children to Save program. Eight volunteers from the local Crestmark office presented savings lessons to over 250 students in classrooms throughout Oakland County, Michigan… Read more »

Working Capital Solutions Provided in May 2011

PRESS RELEASE For Immediate Release June 9, 2011 Contact: Lisa Beattie Phone: 248-267-1639 lbeattie@crestmark.com Crestmark provided $13,750,000 in working capital facilities to 18 new businesses in May 2011. Crestmark’s Troy, MI office provided: $1,750,000 accounts receivable purchase facility to a California distributor of fuel and lubricants $250,000 accounts receivable purchase facility to a Michigan metal… Read more »

Michael Santos Joins Crestmark Team

PRESS RELEASE For Immediate Release June 8, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark is pleased to announce the addition of Michael S. Santos as First Vice President, Business Development, to the Crestmark team. He reports through Jeff Mitchell, and the West Palm Beach / East Region office; he is located in San Diego, California…. Read more »