TROY, Mich., (February 1, 2018) – Crestmark secured a total of $23,295,218 in financial solutions for 22 new clients in the second half of January. On Jan. 17, a $2,000,000 new lease transaction was completed with a health care company in the eastern U.S. The financing will be used for software. A $350,000 accounts receivable… Read more »

TROY, Mich., (January 18, 2018) – Crestmark secured a total of $44,323,000 in financial solutions for 15 new clients in the first half of January. On Jan. 2, an $8,823,529 USDA REAP loan facility and a $6,176,471 USDA Business & Industry loan facility were provided to a solar energy company in California. The financing will… Read more »

Transformational acquisition provides Meta with nationwide commercial lending platform Transaction expected to be 10% accretive to fiscal year 2019 earnings per share Sioux Falls, S.D., Jan. 9, 2018 – Meta Financial Group, Inc.® (Nasdaq: CASH) (“Meta”), the holding company for the federally chartered savings bank MetaBank®, today announced it has reached an agreement to acquire… Read more »

TROY, Mich., (January 5, 2018) – Crestmark secured a total of $26,605,000 in financial solutions for 17 new clients in the second half of December. On Dec. 18, a $2,565,000 120-month operating lease transaction was completed with a solar developer in New York. The financing will be used to install a 1,511kW-DC solar farm, which… Read more »

TROY, Mich., (December 20, 2017) – Crestmark secured a total of $15,191,377 in financial solutions for 20 new clients in the first half of December. On Dec. 4, a $100,000 accounts receivable purchase facility was provided to a trucking company in Michigan. The financing will be used for working capital purposes. A $500,000 accounts receivable… Read more »

TROY, Mich., (December 5, 2017) – Crestmark secured a total of $23,416,000 in financial solutions for 13 new clients in the second half of November. On Nov. 15, a $600,000 accounts receivable purchase facility was provided to a trucking company in Texas. The financing will be used for working capital purposes. A $4,000,000 asset-based line… Read more »

TROY, Mich., (November 29, 2017) — Crestmark is pleased to announce the appointment of Howard Brown as senior vice president and chief technology officer (CTO). Brown is based at the company’s corporate offices in Troy, and will report to President and Chief Operating Officer Mick Goik. Brown brings over 12 years of IT experience to… Read more »

TROY, Mich., (November 28, 2017) — Crestmark welcomes Janice (Jan) Ibey as regional first vice president and business development officer for the West Division. Ibey joins the Los Angeles team to build value for small- and medium-sized businesses in the California market. As regional first vice president and business development officer for the West Division,… Read more »

TROY, Mich., (November 17, 2017) – Crestmark secured a total of $14,478,600 in financial solutions for 10 new clients in the first half of November. On Nov. 1, a $600,000 accounts receivable purchase facility was provided to a trucking company in Georgia. The financing will be used for working capital purposes. A $1,978,600 insurance agency… Read more »

TROY, Mich., (November 3, 2017) – Crestmark secured a total of $18,151,800 in financial solutions for 19 new clients in the second half of October. On Oct. 16, a $250,000 traditional factoring facility was provided to a distributor of fashion accessories in Florida. The financing will be used for working capital purposes. A $300,000 accounts… Read more »