Crestmark, a division of MetaBank, Names Rick Pierman as Crestmark Equipment Finance Senior Vice President, Business Unit President

TROY, Mich., (April 15, 2021) — Crestmark is pleased to announce that Rick Pierman has been named senior vice president, business unit president of the Crestmark Equipment Finance (CEF) business unit. Based in Troy, Pierman will report to division president, Christopher Soupal. Pierman previously held the role of senior vice president, strategic operations with CEF…. Read more »

Crestmark Provides More Than $22.1 Million in Commercial Financing to 65 Businesses in the First Half of March

TROY, Mich., (April 1, 2021) – Crestmark secured a total of $9,715,246 in ABL financial solutions for six new clients; Crestmark Equipment Finance provided $7,543,149 in four new lease transactions; and Crestmark Vendor Finance provided $4,928,905 in 55 new lease transactions. Crestmark’s Asset-Based Lending and Factoring: On Mar. 5, a $3,000,000 ledgered line of credit… Read more »

Crestmark Provides More Than $46 Million in Commercial Financing to 46 Businesses in the Second Half of February

TROY, Mich., (March 15, 2021) – Crestmark secured a total of $18,850,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $18,987,216 in six new lease transactions; Crestmark Vendor Finance provided $3,443,354 in 30 new lease transactions; the Joint Ventures group provided $3,775,680 in one new transaction; and the Government Guaranteed Lending… Read more »

Crestmark Provides More Than $72.7 Million in Commercial Financing to 84 Businesses from mid-January to mid-February 2021

TROY, Mich., (March 1, 2021) – Crestmark secured a total of $29,940,115 in ABL financial solutions for 15 new clients; Crestmark Equipment Finance provided $21,737,910 in 14 new lease transactions; Crestmark Vendor Finance provided $4,717,776 in 50 new lease transactions; the Joint Ventures group provided $3,788,960 in one new transaction; and the Government Guaranteed Lending… Read more »

Crestmark Provides More Than $54.7 Million in Commercial Financing to 57 Businesses in the First Half of January

TROY, Mich., (January 27, 2021) – Crestmark secured a total of $26,375,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $6,596,344 in three new lease transactions; Crestmark Vendor Finance provided $4,833,777 in 41 new lease transactions; the Joint Ventures Division provided $7,133,080 in two new transactions; and the Government Guaranteed Lending… Read more »

Crestmark Welcomes Charles D. Starck as Business Development Officer to Commercial Business Credit Group

TROY, Mich., (January 26, 2021) — Crestmark is pleased to announce the appointment of Charles D. Starck as vice president, business development officer for the Commercial Business Credit Group. Based in Milwaukee Wisconsin, he will target businesses in Wisconsin, Minnesota, Iowa, and the Chicagoland area; he will report to Senior Vice President, Commercial Business Credit… Read more »

Crestmark Provides More Than $79 Million in Commercial Financing to 87 Businesses in the Second Half of December

TROY, Mich., (Jan. 12, 2021) – Crestmark secured a total of $9,700,000 in ABL financial solutions for four new clients; Crestmark Equipment Finance provided $25,440,689 in ten new lease transactions; Crestmark Vendor Finance provided $5,792,233 in 65 new lease transactions; and the Government Guaranteed Lending group provided $38,165,000 in financing for eight new clients in… Read more »

Crestmark Provides More Than $83.9 Million in Commercial Financing to 93 Businesses in the First Half of December

TROY, Mich., (Dec. 30, 2020) – Crestmark secured a total of $38,250,000 in ABL financial solutions for 12 new clients; Crestmark Equipment Finance provided $7,262,607 in six new lease transactions; Crestmark Vendor Finance provided $6,451,914 in 67 new lease transactions; the Joint Ventures Division provided $13,506,620 in four new transactions; and the Government Guaranteed Lending… Read more »

Crestmark Provides More Than $44.8 Million in Commercial Financing to 60 Businesses in the Second Half of November

TROY, Mich., (Dec. 8, 2020) – Crestmark secured a total of $1,800,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance provided $11,790,009 in three new lease transactions; Crestmark Vendor Finance provided $4,592,541 in 49 new lease transactions; the Joint Ventures Division provided $21,490,800 in financing for one new client; the Government Guaranteed… Read more »

Crestmark Provides More Than $23.1 Million in Commercial Financing to 11 Businesses in the First Half of November

TROY, Mich., (Nov. 19, 2020) – Crestmark secured a total of $6,050,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance provided $4,371,057 in three new lease transactions; the Government Guaranteed Lending group provided $12,722,000 in financing for three new clients in the first half of November. Crestmark’s Asset-Based Lending: On Nov. 4,… Read more »