Crestmark Promotes Matt Barbuscak, Steven Tomasello, Jeffrey Silverstein and Andrew Swanson

Crestmark Promotes Matt Barbuscak, Steven Tomasello, Jeffrey Silverstein, and Andrew Swanson Crestmark is pleased to announce the recent promotions of Matt Barbuscak, Steven Tomasello, Jeffrey Silverstein, and Andrew Swanson. Matt Barbuscak, First Vice President, has taken on the role of Operations Manager at Crestmark’s Troy Corporate Office. Barbuscak, with over 25 years of commercial finance… Read more »

Martin J. Coloson and Richard T. Packard Join the Crestmark Team

Martin J. Coloson and Richard T. Packard Join the Crestmark Team Crestmark is pleased to announce the addition of Martin J. Coloson as Vice President, Account Executive, and Richard T. Packard, Vice President, Portfolio Management to the Crestmark team. Martin J. Coloson (Marty) works in the West Palm Beach office, East region. Coloson has over… Read more »

Crestmark’s October & November 2010 Fundings

PRESS RELEASE For Immediate Release December 7, 2010 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $28,000,000 in working capital facilities to 36 new businesses in October and November 2010. The agreement types included accounts receivable financing, asset-based lending, and various methods of factoring. Crestmark’s Troy, MI office provided: $3,000,000 to a Michigan trucking company $1,200,000… Read more »

Crestmark Gains Apparel Factoring Company Westgate Financial

FOR IMMEDIATE RELEASE Crestmark Expands its Factoring Presence and its Commitment to Helping Small Businesses [Troy, Michigan] Crestmark, a Michigan FDIC-regulated bank, announces the acquisition of the primary assets of Westgate Financial Corp., a factoring and purchase order finance company headquartered in Hoboken New Jersey. The new company has been named Crestmark Westgate, LLC, and will report… Read more »

Crestmark September 2010 New Clients

PRESS RELEASE For Immediate Release October 8, 2010 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $14,300,000 in working capital facilities to 15 new businesses in September 2010. Crestmark’s Troy, MI office provided: $4,000,000 to a California home accessories distributor $300,000 to a Michigan steel and oil recycler $750,000 to a New York manufacturer of building… Read more »

JT Jacus Joins Crestmark Team

PRESS RELEASE For Immediate Release October 1, 2010 Contact: Lisa Beattie Phone: 248-267-1639 JT Jacus Joins the Crestmark Team Crestmark is pleased to announce the addition of James T. Jacus (JT) as vice president, business development. He will report to Crestmark’s Troy, Michigan corporate office, will be based out of the Rochester, New York area,… Read more »

Crestmark’s August 2010 Fundings

PRESS RELEASE For Immediate Release September 23, 2010 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $15,150,000 in working capital facilities to 7 new businesses in August 2010. Crestmark’s West Palm Beach, FL office provided: $ 2,000,000 to a New Jersey pressurized vessel maintenance/repair company $850,000 to a Florida importer/distributor of metal + aluminum cookware/bakeware Crestmark’s… Read more »

Todd Waldrip Joins Crestmark Team

PRESS RELEASE For Immediate Release September 20, 2010 Contact: Lisa Beattie Phone: 248-267-1639 Todd Waldrip Joins the Crestmark Team Crestmark is pleased to announce the addition of Todd Waldrip as Vice President, Business Development. He will report to Crestmark’s Baton Rouge, Louisiana office, will be based out of the Birmingham, Alabama area, and will provide… Read more »

Crestmark’s July 2010 Fundings

PRESS RELEASE For Immediate Release August 23, 2010 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark provided $25,700,000 in working capital facilities to 12 new businesses in July 2010. Crestmark’s Troy, MI office provided: $250,000 to a Michigan computer software provider $600,000 to a Michigan manufacturing company $650,000 to an Ohio provider of tire monitoring systems Crestmark’s… Read more »

Crestmark Volunteers with Habitat for Humanity

PRESS RELEASE For Immediate Release August 11, 2010 Contact: Lisa Beattie Phone: 248-267-1639 Crestmark Volunteers Assist Habitat for Humanity Members of Crestmark’s Troy, Michigan office took part in Habitat for Humanity’s house rehabilitation in Pontiac, Michigan on Saturday, August 7, 2010. This is the fourth year that Crestmark has assisted with Habitat’s Southeastern Michigan efforts. Thirteen… Read more »