Working Capital Solutions provided in April 2011

PRESS RELEASE For Immediate Release May 6, 2011   Contact: Lisa Beattie Phone: 248-267-1639   Crestmark provided $17,400,000 in working capital facilities to 11 new businesses in April 2011. Crestmark’s Troy, MI office provided: $2,000,000 working capital line of credit to a Michigan manufacturer of automotive parts $250,000 to a Florida distributor of whitening equipment to salons… Read more »

Crestmark Extends its Agreement in Support of Client’s Growth

Crestmark is pleased to announce that they have increased the line of credit and extended the agreement to 2014 to CLR Roasters, LLC, a wholly owned subsidiary of Javalution Coffee Company, a coffee roaster and distributor traded under the symbol JCOF. James Rothman, Crestmark East Region Group President, “Javalution is a perfect example of the… Read more »

Steven Gross Joins the Crestmark Team

PRESS RELEASE For Immediate Release April 18, 2011   Contact: Lisa Beattie Phone: 248-267-1639   Crestmark is pleased to announce the addition of Steven C. Gross to the Crestmark team. Gross will strengthen Crestmark’s credit presence in the Chicago area, and will report to Crestmark’s Troy, Michigan Midwest region office. He will have responsibility for… Read more »

Jim Rothman Quoted in The Secured Lender article “Factoring in 2011: Optimism Abounds”

Crestmark Group President Jim Rothman was quoted in the April 2011 issue of The Secured Lender’s article titled “Factoring in 2011: Optimism Abounds.” Rothman, was quoted early in the article, saying that “recourse factoring for staffing clients is on the rise. Transportation, retail supply chain, automotive and government business is also increasing… all important and positive… Read more »

Working Capital Solutions provided in March 2011

PRESS RELEASE For Immediate Release April 5, 2011   Contact: Lisa Beattie Phone: 248-267-1639   Crestmark provided $23,835,000 in working capital facilities to 26 new businesses in March 2011.   Mid-west Region: Crestmark’s Troy, MI regional office provided: $250,000 to a Michigan scrap metal provider $5,000,000 to a Michigan producer of automobile materials $2,000,000 to a California… Read more »

Kaitlin Solomon joins the Crestmark Team

FOR IMMEDIATE RELEASE April 3, 2011 Contact Lisa Beattie lbeattie@crestmark.com Crestmark is pleased to announce the addition of Kaitlin Solomon, Assistant Vice President, Business Development, to the Crestmark team. She will work as a part of Crestmark’s growing South Region, out of the Baton Rouge, Louisiana office. She will be located in, and responsible for supporting… Read more »

Working Capital Solutions provided in January and February 2011

PRESS RELEASE For Immediate Release March 3, 2011   Contact: Lisa Beattie Phone: 248-267-1639   Crestmark provided $33,400,000 in working capital facilities to 22 new businesses in January and February 2011.   Crestmark’s Troy, MI office provided: $3,000,000 to a Michigan distributor of semi-tractors $3,000,000 to a Michigan provider quality inspection services $1,000,000 to a California integrated… Read more »

Amy Efland Joins the Crestmark Team

PRESS RELEASE For Immediate Release February 9, 2011 Contact: Lisa Beattie Phone: 248-267-1639   Crestmark is pleased to announce the addition of Amy Efland as Vice President, Business Development, to the Crestmark team. She reports through the Troy, Michigan Midwest region office and will be located in Palo Alto, California. Efland will expand Crestmark’s financing… Read more »

Kevin Dowd Joins the Crestmark Team; Sherri Myers Promoted

PRESS RELEASE For Immediate Release January 31, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark is pleased to announce the addition of Kevin M. Dowd as Vice President, Debtor Credit Manager to the Crestmark team; and Sherri Myers has been promoted to Vice President. Kevin M. Dowd has joined Crestmark’s corporate office as their new Debtor… Read more »

Crestmark’s December 2010 Fundings

PRESS RELEASE For Immediate Release January 24, 2011 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $21,250,000 in working capital facilities to 11 new businesses in December 2010. Crestmark’s Troy, MI office provided: $750,000 to an Ohio information technology provider $3,700,000 to a Michigan provider of precision machining $2,000,000 to an Illinois distributor of printing supplies… Read more »