TROY, Mich., (December 21, 2018) – Crestmark secured a total of $9,450,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance provided $740,098 in one new lease transaction; Crestmark Vendor Finance provided $3,580,701 in 51 new lease transactions; the Joint Ventures Division provided $1,515,171 for one new client; and the Government Guaranteed Lending… Read more »

TROY, Mich., (December 6, 2018) – Crestmark secured a total of $10,390,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $17,779,303 in eight new lease transactions; Crestmark Vendor Finance provided $4,643,629 in 53 new lease transactions; and the Government Guaranteed Lending Division provided $4,680,000 in financing for five new clients in… Read more »

TROY, Mich., (November 21, 2018) – Crestmark secured a total of $3,550,000 in ABL financial solutions for six new clients; Crestmark Equipment Finance provided $12,095,622 in four new lease transactions; Crestmark Vendor Finance provided $6,700,000 in 75 new lease transactions; and the Government Guaranteed Lending Division provided $900,000 in financing for one new client in… Read more »

TROY, Mich., (November 5, 2018) – Crestmark secured a total of $12,800,000 in ABL financial solutions for 14 new clients; Crestmark Equipment Finance provided $1,245,051 in one new lease transaction; Crestmark Vendor Finance provided $4,652,506 in 64 new lease transactions; the Government Guaranteed Lending Division provided $5,530,000 in financing for three new clients; and the… Read more »

TROY, Mich., (October 19, 2018) – Crestmark secured a total of $13,585,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $13,412,118 in seven new lease transactions; and Crestmark Vendor Finance provided $3,151,862 in 51 new lease transactions in the first half of October. Crestmark’s asset-based lending division: On October 1, a… Read more »

TROY, Mich., (October 12, 2018) — Crestmark is pleased to announce the promotion of Bob Leonard to senior vice president, managing director of indirect originations for the Crestmark Equipment Finance (CEF) division. Leonard joined Crestmark in January 2017 as vice president, managing director of indirect originations, reporting to CEF’s President Tom Rutherford. “Bob had an… Read more »

TROY, Mich., (October 4, 2018) – Crestmark secured a total of $22,050,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance provided $1,289,956 in two new lease transactions; Crestmark Vendor Finance provided $4,443,416 in 47 new lease transactions; and the Government Guaranteed Lending division provided $39,752,098 in financing for 12 new clients in… Read more »

TROY, Mich., (September 25, 2018) – Crestmark secured a total of $14,400,000 in ABL financial solutions with 17 transactions for 15 new clients; Crestmark Equipment Finance provided $2,968,342 in four new lease transactions; Crestmark Vendor Finance provided $6,800,000 in 73 new lease transactions; and the Government Guaranteed Lending division provided $10,866,000 in financing for two… Read more »

TROY, Mich., (September 6, 2018) – Crestmark secured a total of $31,046,038 in financial solutions with 16 transactions for 14 new clients in the second half of August. On August 16, a $400,000 accounts receivable purchase facility was provided to a trucking company in Illinois. The financing will be used for working capital purposes. A… Read more »

TROY, Mich., (August 22, 2018) – Crestmark secured a total of $46,935,891 in financial solutions with 18 transactions for 14 new clients in the first half of August. On August 3, a $75,000 accounts receivable purchase facility was provided to trucking brokerage in Alabama. The financing will be used for working capital purposes. A $2,000,000… Read more »