TROY, Mich., (June 7, 2018) — Marking just over one year since the acquisition of equipment leasing company Allstate Capital, Crestmark announces record growth in its small ticket leasing division, now called Crestmark Vendor Finance (CVF); they announce this growth along with new hires and promotions to support the division’s continued growth. “We are proud… Read more »

TROY, Mich., (June 6, 2018) — Crestmark announced the following staff promotions and appointments in its operations department. “As our product offerings expand, we advance our operational procedures and personnel to provide outstanding client service. We congratulate these Crestmark professionals on their success in bringing innovations and efficiencies to the marketplace,” said Matt Barbuscak, executive… Read more »

TROY, Mich., (June 4, 2018) – Crestmark secured a total of $40,630,988 in financial solutions with 23 transactions for 21 new clients in the second half of May. On May 16, a $500,000 ledgered line of credit facility was provided to a metal fabrication company in Arkansas. The financing will be used to pay off… Read more »

TROY, Mich., (May 31, 2018) — Crestmark is pleased to announce two promotions in its West Division, which includes the California and Louisiana offices. Jarrad W. LaCroix was promoted to underwriter and officer; and Carlos Vargas was promoted to account executive and first vice president. “These professionals bring experience and insight to clients in our… Read more »

SIOUX FALLS, S.D., May 29, 2018 Meta Financial Group, Inc.®, CASH, +2.39% (“Meta” or the “Company”), the holding company for its federally chartered savings bank subsidiary, MetaBank®, and Crestmark Bancorp, Inc. (“Crestmark”), the holding company for its Michigan state-chartered bank subsidiary, Crestmark Bank, today announced the results of their Special Meetings of Shareholders held on… Read more »

TROY, Mich., (May 17, 2018) – Crestmark secured a total of $19,991,250 in financial solutions for 18 new clients in the first half of May. On May 1, a $100,000 accounts receivable purchase facility was provided to a trucking company in Washington. The financing will be used for working capital purposes. A $315,000 SBA 7(a)… Read more »

TROY, Mich., (May 2, 2018) – Crestmark secured a total of $26,627,000 in financial solutions for 22 new clients in the second half of April. On April 16, a $100,000 accounts receivable purchase facility was provided to a trucking company in Georgia. The financing will be used for working capital purposes. A $2,000,000 USDA Rural… Read more »

TROY, Mich., (April 19, 2018) – Crestmark secured a total of $32,071,000 in financial solutions for 27 new clients in the first half of April. On April 2, a $100,000 accounts receivable purchase facility was provided to a trucking company in Texas. The financing will be used for working capital purposes. A $75,000 accounts receivable… Read more »

TROY, Mich., (April 18, 2018) — Crestmark Executive Vice President and National Sales Manager Ray Morandell announced the promotion of Steve Hansen to senior vice president, Western Division sales manager from first vice president. Hansen, who reports to Morandell, is based in Houston, and works closely with Western Division President Pat Haney. Since his promotion… Read more »

TROY, Mich., (April 5, 2018) – Crestmark secured a total of $26,909,000 in financial solutions for 20 new clients in the second half of March. On March 16, a $2,500,000 USDA Rural Energy for America Program (REAP) loan facility and a $1,250,000 USDA Business & Industry (B&I) loan facility were provided to a solar developer… Read more »