Crestmark’s December 2011 Working Capital Solutions

PRESS RELEASE For Immediate Release January 3, 2012 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $13,175,000 in working capital facilities to 24 businesses in December 2011. Crestmark’s Troy, MI office provided: $300,000 ledgered line of credit to a Michigan transitional housing provider $250,000 accounts receivable purchase facility to an Ohio heating and cooling service provider… Read more »

Working Capital Solutions Provided in November 2011

PRESS RELEASE For Immediate Release December 1, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $25,515,000 in working capital facilities to 23 businesses in November 2011. Crestmark’s Troy, MI office provided: $2,200,000 asset based lending facility to an Ohio producer of aluminum extrusions $5,000,000 asset based lending facility to a New Mexico provider of well… Read more »

Forrester Faia and Christine Jennings join the Crestmark Team

Crestmark is pleased to announce the addition of Forrester Faia as Vice President, Business Development, Midwest Region, and Christine Jennings, Assistant Vice President, Business Development, Transportation Services to the Crestmark team. They report through the Troy, Michigan, and Nashville, Tennessee office respectively. Faia is located in Cary, Illinois, and will support the Chicago area; Jennings… Read more »

Crestmark Westgate Makes a Move to Support Business

Crestmark Westgate has moved its office to New York City on November 21, 2011 from their previous location in Hoboken, New Jersey. This move brings them to the New York garment district, where many of their clients are located. Crestmark Westgate provides traditional factoring to the apparel, footwear, furniture industries, among other financial services. In… Read more »

Working Capital Solutions Provided in October 2011

PRESS RELEASE For Immediate Release November 1, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $15,500,000 in working capital facilities to 13 businesses in October 2011. Crestmark’s Troy, MI office provided: $950,000 working capital line of credit to a Michigan technology manufacturer $250,000 accounts receivable purchase facility to a Michigan IT consulting firm $500,000 working… Read more »

Working Capital Solutions Provided in September 2011

PRESS RELEASE For Immediate Release September 30, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $8,992,840 in working capital facilities to 14 businesses in September 2011. Crestmark’s Troy, MI office provided: $2,500,000 asset based lending facility to a Michigan manufacturer of welding equipment $750,000 working capital line of credit to an Ohio producer of specialized… Read more »

Mary Hoehn and Shannon Mullen join the Crestmark Team

FOR IMMEDIATE RELEASE September 27, 2011 Crestmark is pleased to announce the addition of Mary Hoehn as Assistant Vice President, Business Development, and Shannon Mullen, Assistant Vice President, Business Development to the Crestmark team. They report through Pat Haney in the South Region/Baton Rouge, Louisiana office. Hoehn is located in Brentwood, Tennessee, and will support… Read more »

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 »