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News Stories (56 Results) - Crestmark

Crestmark announced it provided more than $45 million in commercial financing to 65 businesses in the second half of September.Crestmark secured a total of $5,916,667 in ABL financial solutions for five new clients; Crestmark Equipment Finance... Read Story
October 04, 2019, 07:59 AM


Crestmark announced it provided $23 million in Commercial Financing to 88 businesses in the first half of August. Crestmark secured a total of $850,000 in ABL financial solutions for three new clients; Crestmark Equipment Finance provided $7,328,266... Read Story
August 23, 2019, 08:35 AM


Crestmark secured a total of $13,300,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance provided $9,412,769 in six new lease transactions; Crestmark Vendor Finance provided $3,414,574 in 34 new lease transactions; the... Read Story
July 18, 2019, 08:40 AM


Crestmark announced that it provided more than $51 million in commercial financing to 94 businesses in the second half of June. Crestmark secured a total of $4,360,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance... Read Story
July 03, 2019, 08:30 AM


Crestmark provided more than $14.4 million in commercial financing to 62 businesses in the first half of June 2019.Those transactions included $5.55 million ABL facilities for six new clients; $4,088,323 in 53 new lease transactions from Crestmark... Read Story
June 21, 2019, 08:45 AM


Crestmark announced the appointment of John Ryan as vice president, senior underwriter for the East Division. Based in Troy, he will report to Senior Vice President, East Division Underwriting Manager John Trendell.Ryan brings more than 30 years of... Read Story
May 15, 2019, 09:10 AM


Meta Financial Group Inc., the holding company for MetaBank, announced that it completed the previously announced acquisition of Crestmark Bancorp Inc. and its Michigan state-chartered bank subsidiary, Crestmark Bank. Crestmark has provided... Read Story
August 02, 2018, 08:10 AM


Kelly L. Collins joins Crestmark as vice president, business development officer, for the East Division. Based in North Carolina, Collins is responsible for helping small- and medium-sized businesses in the Carolinas access financing, and for... Read Story
March 07, 2017, 07:02 AM


Crestmark Chairman and CEO Dave Tull announced that Vice Chairman Barry Essig is retiring in December 2016. In recognition of his outstanding contributions to Crestmark and to the financial services industry, over a long and impressive career... Read Story
December 20, 2016, 07:10 AM


Crestmark President and COO Mick Goik announced the promotion of Ray Morandell to executive vice president, national sales director. “Crestmark has marked its 20th year of helping small- and medium-sized businesses access the funding they need to... Read Story
December 15, 2016, 07:44 AM


Mick Goik, president and chief operating officer of Crestmark Bank, announced the promotions of three employees at its corporate headquarters in Troy: Josh Beauvais was promoted to vice president, special assistant to Chief Credit Officer Mark... Read Story
November 29, 2016, 07:40 AM


Crestmark secured a total of $22.415 million in financial solutions for 12 new clients in the second half of October. On Oct. 15, a $2.5 million new lease transaction was completed with a communications provider in the West. A $400,000 ledgered... Read Story
November 03, 2016, 07:21 AM


Crestmark, celebrating its 20th anniversary, welcomes John D. Gullman, regional first vice president, business development officer, to its East Division. Gullman will represent Crestmark in the Florida market, which he has covered for more than 30... Read Story
November 01, 2016, 07:21 AM


Crestmark Senior Vice President, National Sales Director Ray Morandell announced the promotion of Steve Hansen to first vice president, Western Division sales manager from regional first vice president, business development officer. Hansen, who... Read Story
September 20, 2016, 07:42 AM


Bibby Financial Services (BFS) announced the expansion of its executive leadership team with the addition of Todd Ferrara as Executive Vice President, Head of Change & Project Management – North America, Jeff Mitchell as Senior Vice President... Read Story
September 13, 2016, 07:23 AM


Crestmark Bank, now in its 20th year, has promoted Mike Morandell to assistant vice president, business development officer for the East Division. Morandell, recently based in Troy, Michigan, has relocated to Hermitage, Pennsylvania, and is... Read Story
September 08, 2016, 07:30 AM


Crestmark Bank announced the promotions of five individuals. At the corporate headquarters in Troy: Teri Haynes, Douglas Kollman and Eric Ball in operations; and Colin Madole in the Joint Ventures Group. In the West Division’s Los Angeles, California... Read Story
August 25, 2016, 07:24 AM


Crestmark is introducing Fast Track Financing to the marketplace, simplifying the application process, reducing paperwork, and providing 24-hour approval to qualified businesses. Now in its 20th year, Crestmark provides timely, customized financing... Read Story
July 26, 2016, 07:39 AM


Crestmark secured a total of $4.635 million in financial solutions for 11 new clients in the first half of June. They are: A $350,000 accounts receivable purchase facility was provided on June 2 to a trucking company in Florida. The financing will... Read Story
June 16, 2016, 07:33 AM


Crestmark welcomes Scott M. Keusch, vice president, senior account executive for the East Division. Keusch, who joins Crestmark with more than 15 years in finance and banking, including experience in asset-based lending and factoring, is based at the... Read Story
June 15, 2016, 07:53 AM


Crestmark welcomes Carrie Jenkins, vice president, business development officer, for the West Division. Jenkins joins Crestmark’s growing team in Los Angeles, and will be responsible for providing financial solutions to business clients in the busy... Read Story
May 24, 2016, 07:44 AM


GMA Funding LLC, a global leader in factoring and alternative commercial finance, announced that the board of directors have selected James Rothman as Chief Executive Officer of GMA Factor and its operating units GMA USA and  CoreFund Capital.... Read Story
April 28, 2016, 07:45 AM


Crestmark welcomes Scott Shapiro, regional first vice president, business development officer, for the West Division. Shapiro, who is based in Crestmark’s Los Angeles office, reports to Ray Morandell, senior vice president, national sales manager.... Read Story
April 27, 2016, 07:56 AM


Crestmark President and Chief Operating Officer Mick Goik announced the promotion of Susan Hickey to first vice president, assistant portfolio manager for the company’s Eastern Division. Hickey, who has been with Crestmark since its beginning, is... Read Story
April 12, 2016, 07:42 AM


Crestmark secured a total of $7.485 million in financial solutions for nine new clients in the second half of March. The transactions include: A $2.425 million SBA 7(a) term loan facility was provided on March 16 to an independent insurance agency... Read Story
April 06, 2016, 07:26 AM


Crestmark Bank recently announced the promotions of ten individuals at its corporate offices in Troy: Timothy Pavkovich in credit; Anthony Filice, Bill Nowak and Joel Russell in IT; Colin Madole in the Joint Ventures Group; Stephen Clayton in... Read Story
March 18, 2016, 07:42 AM


Steven Turkish, Crestmark’s director of Trade Services, announced the promotions of Elena Cardona, Kalli Perez and Lil Ochacher. These promotions reflect the momentum in the Trade Services Division, which supports businesses selling into retail.... Read Story
February 10, 2016, 07:45 AM


Crestmark President and Chief Operating Officer Mick Goik announced promotions at the company’s corporate office in Troy, Michigan.  Goik said of the promotions, “Crestmark has a dedicated, experienced staff, and I am pleased to announce the... Read Story
January 21, 2016, 07:51 AM


Crestmark Chief Executive Officer Mick Goik announced the promotions of Matt Barbuscak, Steve Gross, Larry Pearce and Jack Talkington to executive vice president. All are members of Crestmark’s executive committee, and report to Goik."Crestmark is... Read Story
January 14, 2016, 07:49 AM


Crestmark secured a total of $20.125 million in financial solutions for 12 new clients in the second half of December. The transactions are: A $200,000 accounts receivable purchase facility was provided on Dec. 18 to a startup refrigerated carrier... Read Story
January 06, 2016, 06:57 AM


Crestmark Bank announced that Robert Harbers has been named national sales manager for its Trade Services Division. He had been business development officer for the company’s East Division since joining the company in 2004. In his new role, he... Read Story
December 21, 2015, 07:59 AM


California Bank of Commerce, a San Francisco Bay Area business bank, announced Amy C. Efland has joined the bank as senior vice president and sales manager for CBC Business Credit in the South Bay.“We are very proud to have Amy join our growing asset... Read Story
November 03, 2015, 07:34 AM


Crestmark Bank announced Steve Turkish has been promoted to director of the bank’s Trade Services Division. In this role, Turkish will lead and develop talent within the division, and expand Crestmark’s footprint within the consumer products market... Read Story
October 06, 2015, 07:29 AM


Mick Goik, president and chief operating officer (COO) of Crestmark Bank, recently announced promotions and new staff within the company’s  SBA Lending Division. The SBA Lending Division, which recently marked its one-year anniversary, was... Read Story
September 29, 2015, 07:27 AM


Crestmark announced the addition of Stacy Odendahl as vice president, business development officer for the East Division. Based out of Atlanta, she will assist in expanding Crestmark’s presence and financing opportunities in Georgia and surrounding... Read Story
September 03, 2015, 07:07 AM


Crestmark announced the addition of Stacy Odendahl as vice president, business development officer for the East Division. Based out of Atlanta, she will assist in expanding Crestmark’s presence and financing opportunities in Georgia and surrounding... Read Story
September 02, 2015, 07:20 AM


Crestmark secured a total of $12.675MM in financial solutions for 13 new clients in the first half of August. They include: On August 3rd, a traditional factoring facility was provided to a North Carolina furniture manufacturer. The financing will... Read Story
August 19, 2015, 07:17 AM


Crestmark announced the return of Michael Bucek to the company’s ranks. Bucek rejoined the company in early July as vice president, business development officer for the Transportation Division. He is based in Tennessee. Bucek reports to Heath... Read Story
July 22, 2015, 08:04 AM


MidCap Business Credit has appointed Bruce Pavesich to Senior Vice President of its business development team.  Pavesich, has spent the last 30 years in asset-based finance and has been in business development roles most recently with Crestmark Bank... Read Story
July 13, 2015, 08:02 AM


Crestmark announced the promotion of Jack Talkington to Crestmark Chief Financial Officer. In his new role, he will be responsible for overseeing Crestmark’s Accounting department, and Interest Rate Risk Management/Funding and Special Projects areas.... Read Story
April 16, 2015, 07:29 AM


Crestmark announced the addition of Sean Campbell as Vice President, Business Development Officer. Working out of Benton, AK, he will assist in expanding Crestmark’s presence and financing opportunities for the transportation industry. He will report... Read Story
April 08, 2015, 07:23 AM


Crestmark makes a move to increase financing support for the transportation industry, and proudly welcomes Heath Holdbrooks as Division President. With vast experience in the industry, Crestmark looks to his input to continue to expand the Franklin... Read Story
February 18, 2015, 08:03 AM


Crestmark announced the addition of Sean Kinsella as Vice President, Business Development.  Kinsella will assist in expanding Crestmark’s presence by providing asset-based lending to small to middle-market businesses. He will report to Crestmark... Read Story
October 08, 2014, 07:36 AM


Crestmark and TIP Capital have announced that they have entered into an agreement for Crestmark to acquire TIP Capital’s equipment leasing and asset management business. The acquisition is scheduled to be completed in late September 2014, pending... Read Story
September 04, 2014, 07:38 AM


Crestmark announced the addition of Scott Blaeser as Vice President, Business Development.  Blaeser will assist in expanding Crestmark’s presence by providing asset-based lending to small to middle-market businesses. He will report to Crestmark West... Read Story
August 20, 2014, 07:13 AM


Crestmark announced the expansion of their SBA loan products with the creation of a division focused entirely on national SBA finance. Crestmark has been offering SBA loans as a compliment to their core client base of small- to medium-sized... Read Story
May 02, 2014, 07:34 AM


Crestmark announced the addition of Zachary Martin as Vice President, Business Development.  He will assist in expanding Crestmark’s California presence by providing asset-based lending to small to middle-market businesses. He will report to... Read Story
April 23, 2014, 07:21 AM


Crestmark announced the addition of Robert J. Parks as First Vice President, West Coast Region Sales Manager. He will further support small middle-market businesses throughout the west coast while reporting directly to National Sales Director, Ray... Read Story
April 08, 2014, 07:39 AM


Crestmark announced that it has hired Mark J. Simshauser who will further support small middle-market businesses throughout the Northeast and New England areas while reporting directly to Midwest Regional Sales Manager, Jim Farrell. Located on Long... Read Story
February 20, 2014, 07:34 AM


Crestmark announced the addition of Scott C. Doyle as Vice President, Account Executive. He will report through Ray Zilke, First Vice President - Portfolio, and will work as a part of Crestmark’s growing Transportation Division located in Franklin... Read Story
September 05, 2013, 07:17 AM


Crestmark announced the addition of James G. (Jim) Farrell as First Vice President, Midwest Regional Sales Manager. He reports through Ray Morandell, National Sales Director, and will work as a part of Crestmark’s growing East Division. He will... Read Story
September 04, 2013, 08:21 AM


In an effort to strengthen and further leverage its services and product offerings in the traditional factoring arena, Crestmark announced that it has created a new division called Crestmark Trade Services. In merging its Florida and New York City... Read Story
August 14, 2013, 08:03 AM


Crestmark announced the addition of Ali Sanabria as Vice President, Account Executive for the California market. Sanabria reports to Tom Lescher, Regional Executive Vice President, California Region. Sanabria joins Crestmark with over 17 years of... Read Story
June 12, 2013, 07:29 AM


Crestmark announced the addition of Bruce Pavesich as regional first vice president, business development officer. He reports through Ray Morandell, national sales director, and will work as a part of Crestmark’s growing East Division. He is located... Read Story
April 04, 2013, 07:29 AM


Crestmark announced the acquisition of certain assets of Ultimate Financial Solutions (UFS). Located in New York City, the factoring and financial services company has been in business for eight years and provides financing to the apparel, footwear... Read Story
February 05, 2013, 07:48 AM


Crestmark announced it has expanded its services to include equipment financing. A company press release notes the move emphasizes Crestmark’s significant effort and continued focus to provide superior service to itsr customers. The opportunity... Read Story
January 31, 2013, 07:23 AM