MetaBank announced it is changing its name to Pathward, N.A. To unite the company under a single identity following a series of strategic acquisitions, MetaBank initiated a brand strategy review last year. The new name, Pathward, is born out of the...
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March 30, 2022, 07:04 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $41.2 million in Commercial Financing to 61 businesses in the second half of February. Crestmark secured a total of $2,650,000 in ABL/factoring financial...
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March 16, 2022, 08:05 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $200.9 million in commercial financing to 179 businesses in December. Crestmark secured a total of $46,424,626 in ABL/factoring financial solutions for 22...
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January 18, 2022, 08:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced that it provided more than $22.7 million in commercial financing to 76 businesses in the first half of October. Crestmark secured a total of $11,700,000 in ABL/factoring financial...
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October 28, 2021, 08:03 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $47.6 million in commercial financing to 75 businesses in the second half of September. Crestmark secured a total of $21,807,000 in ABL/factoring financial...
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October 15, 2021, 08:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $49.8 million in commercial financing to 60 businesses in the first half of September. Crestmark secured a total of $8,530,600 in ABL/factoring financial...
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September 24, 2021, 08:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, provided more than $23.6 million in commercial financing to 59 businesses in the second half of August. Crestmark secured a total of $3,550,000 in ABL/factoring financial solutions for eight new...
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September 14, 2021, 07:00 AM
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Crestmark, the Commercial Finance Division of MetaBank®, secured a total of $34,350,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $22,208,198 in 12 new transactions; Crestmark Vendor Finance...
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August 18, 2021, 08:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $65.7 million in Commercial Financing to 42 businesses in the first half of June. It secured a total of $53,300,000 in ABL/factoring financial solutions for...
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July 02, 2021, 07:10 AM
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Crestmark secured a total of $16,518,200 in ABL/factoring financial solutions for 13 new clients; Crestmark Equipment Finance provided $6,616,982 in five new transactions; and Crestmark Vendor Finance provided $5,846,027 in 63 new transactions in the...
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May 06, 2021, 07:00 AM
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Crestmark provided more than $22.1 million in commercial financing to 65 businesses in the first half of March. Crestmark Equipment Finance provided $7,543,149 in four new lease transactions; Crestmark Vendor Finance provided $4,928,905 in 55 new...
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April 01, 2021, 08:00 AM
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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...
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March 01, 2021, 08:00 AM
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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...
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January 27, 2021, 07:00 AM
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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...
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January 12, 2021, 08:10 AM
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Crestmark announced it provided more than $83.9 million in commercial financing to 93 businesses in the first half of December. Crestmark Equipment Finance provided $7,262,607 in six new lease transactions; Crestmark Vendor Finance provided...
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December 30, 2020, 08:00 AM
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Crestmark secured a total of $6,050,000 in ABL financial solutions for five new clients in the first half of November.
On Nov. 4, a $750,000 ledgered line of credit facility was provided to a healthcare services provider in Utah. The financing...
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November 19, 2020, 08:00 AM
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Crestmark secured a total of $11,018,800 in ABL financial solutions for seven new clients; Crestmark Equipment Finance provided $3,759,627 in two new lease transactions; Crestmark Vendor Finance provided $6,249,333 in 73 new transactions; the...
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November 06, 2020, 08:05 AM
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Crestmark secured a total of $30,557,358 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $2,309,779 in two new lease transactions; Crestmark Vendor Finance provided $8,572,042 in 117 new transactions; the...
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October 22, 2020, 08:24 AM
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Crestmark announced the appointment of Mark Collins as Business Development Officer for Crestmark’s Business Credit group. Based in South Carolina, he will report to Senior Vice President, Business Credit Sales Manager James Farrell, and will provide...
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September 29, 2020, 09:10 AM
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Crestmark announced it provided more than $27.3 million in commercial financing to 14 businesses in the first half of September. Crestmark secured a total of $6,973,000 in ABL financial solutions for four new clients; Crestmark Equipment Finance...
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September 18, 2020, 09:05 AM
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Crestmark announced it provided more than $45.8 Million in commercial financing to 152 businesses in the second half of August. Crestmark secured a total of $16,993,300 in ABL financial solutions for 10 new clients; Crestmark Equipment Finance...
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September 04, 2020, 08:50 AM
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Crestmark announced it provided more than $43.4 million in commercial financing to 112 businesses in the first half of July. Crestmark secured a total of $7,703,300 in ABL financial solutions for seven new clients; Crestmark Equipment Finance...
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July 24, 2020, 09:00 AM
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Crestmark announced it provided more than $31.2 million in commercial financing to 105 businesses in the second half of May. Crestmark secured a total of $14,340,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance provided...
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June 04, 2020, 09:15 AM
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Crestmark announced it provided more than $27.2 million in commercial financing to 32 businesses in the first half of May. Crestmark secured a total of $7,800,000 in ABL financial solutions for 10 new clients; Crestmark Equipment Finance provided...
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May 26, 2020, 09:15 AM
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Crestmark announced it provided more than $35.2 million in commercial financing to 85 businesses in the second half of April. Crestmark secured a total of $3,950,000 in ABL financial solutions for four new clients; Crestmark Equipment Finance...
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May 13, 2020, 09:00 AM
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Crestmark is pleased to announce they have funded more than $215 million for small businesses through the Paycheck Protection Program (PPP), part of the SBA CARES stimulus package. More than 670 small businesses were funded by Crestmark as part of...
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May 08, 2020, 09:00 AM
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Crestmark announced it provided more than $41.3 Million in commercial financing to 77 businesses in the first half of April. Crestmark secured a total of $24,150,000 in ABL financial solutions for 14 new clients; Crestmark Equipment Finance provided...
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April 29, 2020, 09:00 AM
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Crestmark announced it provided more than $24 million in commercial financing to 76 businesses in the second half of March. Crestmark secured a total of $13,900,000 in ABL financial solutions for eight new clients; Crestmark Equipment Finance...
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April 13, 2020, 09:10 AM
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Crestmark announced it provided more than $49.4 million in commercial financing to 70 businesses in the first half of March. Crestmark secured a total of $20,250,000 in ABL financial solutions for seven new clients; Crestmark Equipment Finance...
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March 25, 2020, 09:10 AM
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Crestmark announced it provided more than $32.3 million in commercial financing to 61 businesses in the second half of February. Crestmark secured a total of $10,450,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance...
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March 10, 2020, 09:15 AM
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Crestmark announced it provided more than $42.3 million in commercial financing to 112 businesses in the second half of January. Crestmark secured a total of $12,000,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance...
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February 11, 2020, 09:00 AM
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Crestmark secured a total of $12,000,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance provided $20,756,115 in 10 new lease transactions; Crestmark Vendor Finance provided $7,781,607 in 70 new lease transactions; the...
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January 23, 2020, 08:55 AM
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Crestmark provided more than $32.5 million in commercial financing to 95 businesses in the second half of November 2019.This included a total of $6.4 million in ABL financial solutions for seven new clients; $8,866,343 in seven new lease transactions...
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December 06, 2019, 09:00 AM
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Crestmark announced it provided more than $33 million in commercial financing to 71 businesses in the first half of September. Crestmark secured a total of $12,650,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance...
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September 20, 2019, 09:00 AM
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Crestmark announced the appointment of Jon Ellis as Vice President, Renewable Energy. Based in North Carolina, he will report to Crestmark President Mick Goik. With the addition of Ellis, Crestmark strategically increases a company focus on financing...
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September 19, 2019, 09:00 AM
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Crestmark announced it provided more than $41 million in commercial financing to 69 businesses in the second half of July. Crestmark secured a total of $27,055,000 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $4...
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August 06, 2019, 08:00 AM
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Crestmark announced it provided more than $81 million in commercial financing to 88 businesses in the second half of May. Crestmark secured a total of $33,650,000 in ABL financial solutions for 16 new clients; Crestmark Equipment Finance provided...
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June 06, 2019, 08:00 AM
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Crestmark announced it provided more than $41.7 million in commercial financing to 92 businesses in the first half of May. Crestmark secured a total of $16,550,000 in ABL financial solutions for 18 new clients; Crestmark Equipment Finance provided...
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May 22, 2019, 08:30 AM
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Crestmark secured a total of $10,250,000 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $7,481,066 in four new lease transactions; Crestmark Vendor Finance provided $5,830,687 in 56 new lease transactions; and the...
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April 18, 2019, 09:00 AM
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Crestmark announced it provided more than $30.7 million in commercial financing to 88 businesses in the first half of March. Crestmark Equipment Finance provided $4,041,482 in five new lease transactions; Crestmark secured a total of $8,075,000 in...
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March 20, 2019, 08:00 AM
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Crestmark secured a total of $1,700,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance provided $1,829,207 in two new lease transactions; Crestmark Vendor Finance provided $5,074,866 in 48 new lease transactions; and the...
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March 06, 2019, 09:00 AM
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Crestmark secured a total of $29,650,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance provided $27,776,071 in 15 new lease transactions; Crestmark Vendor Finance provided $4,302,627 in 51 new lease transactions; and the...
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February 22, 2019, 09:00 AM
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Crestmark announced the appointment of David Koran as vice president, business development officer for the East Division. Based in North Carolina, he will report to Senior Vice President, East Division Sales Manager James (Jim) Farrell.
Koran brings...
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January 10, 2019, 08:00 AM
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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...
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December 21, 2018, 08:00 AM
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Crestmark announced a series of staff promotions and appointments at its corporate offices in Troy.
“This group of Crestmark professionals continues to support Crestmark and the business owners we help with outstanding expertise and service,” said...
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June 13, 2018, 07:00 AM
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Crestmark announced the appointment of Simon Dibos as regional vice president, business development officer, for the Western Division. Dibos is based in Crestmark’s Los Angeles office, and will report to Senior Vice President, Western Division Sales...
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June 12, 2018, 08:00 AM
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Crestmark secured a total of $16,780,000 in financial solutions for 11 new clients in the first half of April.
On April 1, a $3,100,000 new lease transaction was completed with a child care provider in the midwestern U.S. The financing will be...
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April 18, 2017, 07:00 AM
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Crestmark secured a total of $13,891,000 in financial solutions for 27 new clients in the second half of March.
On March 15, a $1,000,000 new lease transaction was completed with an internet service provider in the midwestern U.S. The financing...
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April 05, 2017, 07:00 AM
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Crestmark secured a total of $15,535,000 in financial solutions for 21 new clients in the second half of February.
A $100,000 accounts receivable purchase facility was provided on Feb. 15 to a startup trucking company in North Carolina. The...
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March 03, 2017, 07:00 AM
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Steve Turkish, senior vice president, director of Crestmark’s Trade Services Division, announced the addition of Steven D. Kaplan as assistant vice president, account executive. Based in New York City, Kaplan reports to Turkish.Kaplan comes to...
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February 23, 2017, 07:00 AM
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Crestmark secured a total of $15,135,000 in financial solutions for 26 new clients in the first half of February.
A $250,000 traditional factoring facility was provided on Feb. 1 to a wholesaler of men’s clothing in California. The financing will...
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February 16, 2017, 07:00 AM
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Crestmark secured a total of $27,826,944 in financial solutions for 23 new clients in the second half of January.
A $2,500,000 accounts receivable purchase facility was provided on Jan. 17 to a trucking company in California. The financing will...
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February 02, 2017, 07:00 AM
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Crestmark President and COO Mick Goik announced the promotion of 18 individuals: Joseph Civitella, Jenna Comaty, Ryan Coughlin, Brandi N. Davie, Jennifer Dugan, Janeé Dyer, Carolyn Foote, Jayne Hannington, Zach McDonald, David Menoian, Laura Nardi...
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February 01, 2017, 07:00 AM
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Crestmark secured a total of $22,870,000 in financial solutions for 14 new clients in the second half of December.
A $1,000,000 ledgered line of credit facility was provided on Dec. 16 to a staffing company in Illinois. The financing will be used...
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January 05, 2017, 07:08 AM
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Crestmark President and COO Mick Goik announced the promotion of four individuals: Steven Turkish, John Trendell II, Lisa Beattie, and Troy Myers.Goik said, “In our 20th year of helping small- and medium-sized businesses, I’m proud to say that in...
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January 03, 2017, 07:00 AM
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Crestmark’s marketing department was honored by Graphic Design USA with three American Graphic Design Awards for advertising and direct mailings. The work was created in-house by Senior Vice President, Marketing and Communications Director Lisa...
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December 23, 2016, 07:00 AM
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Crestmark secured a total of $12,707,125 in financial solutions for 21 new clients in the first half of December.
A $250,000 traditional factoring facility was provided on Dec. 1 to a distributor of men’s, women’s, and children’s apparel in New...
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December 19, 2016, 07:02 AM
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Crestmark secured a total of $19.81 million in financial solutions for 16 new clients in the first half of November.
On Nov. 1, a $391,000 new lease transaction was completed with a candy company in the West.
A $250,000 traditional factoring...
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November 17, 2016, 07:00 AM
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Crestmark secured a total of $16.89 million in financial solutions for 14 new clients in the first half of October. The deals are:
On Oct. 1, a $2.2 million new lease transaction was provided to a communications provider in the west.
A $4.72...
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October 21, 2016, 07:13 AM
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Crestmark secured a total of $20.57MM in financial solutions for 20 new clients in the second half of September.
A $500,000 accounts receivable purchase facility was provided on Sept. 16 to a staffing company in Kansas. The financing will be used...
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October 06, 2016, 07:41 AM
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Crestmark founder and CEO W. David Tull announced that the company marks its 20th year in business this month. Crestmark Bank was established in October 1996 with the goal of providing small- and medium-sized businesses with a broad range of...
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October 04, 2016, 07:12 AM
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Crestmark secured a total of $17,945,000 in financial solutions for 16 new clients in the first half of September. The transactions are:
A $250,000 traditional factoring facility was provided on Sept. 1 to a distributor of footwear in North...
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September 16, 2016, 08:09 AM
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Crestmark secured a total of $13,285,000 in financial solutions for 15 new clients in the second half of August. The deals include:
A $125,000 accounts receivable purchase facility was provided on Aug. 17 to a trucking company in California. The...
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September 02, 2016, 07:23 AM
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Crestmark Bank is marking its 20th anniversary with the creation of a $100,000 scholarship fund to benefit students at Oakland University School of Business Administration. The fund will award $20,000 in scholarships a year for five years in honor of...
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August 23, 2016, 07:29 AM
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Crestmark secured a total of $12,046,000 in financial solutions for 14 new clients in the first half of August. They are:
A $1 million accounts receivable purchase facility was provided on Aug. 1 to a startup trucking company in Florida. The...
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August 18, 2016, 07:26 AM
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Crestmark Chairman, CEO and founder Dave Tull has been elected to serve as vice chair of Oakland University’s (OU) Board of Trustees. Tull was appointed to an eight-year term on the eight-member board in 2014.Tull said, “I am honored to accept an...
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August 17, 2016, 07:12 AM
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Crestmark secured a total of $7,573,000 in financial solutions for five new clients in the second half of July.
A $400,000 accounts receivable purchase facility was provided on July 19 to a trucking company in California. The financing will be...
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August 04, 2016, 07:16 AM
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Crestmark secured a total of $17.6 million in financial solutions for 13 new clients in the first half of July. The transactions are:
A $4.4 million SBA 7(a) term loan facility was provided on July 5 to an independent insurance agency in Florida....
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July 26, 2016, 07:16 AM
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Crestmark secured a total of $8,995,000 in financial solutions for 12 new clients in the second half of June.
A $200,000 accounts receivable purchase facility was provided on June 17 to a trucking company in California. The financing will be used...
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July 08, 2016, 08:00 AM
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Crestmark was honored by the 22nd Annual Communicator Awards with an Award of Excellence and three Awards of Distinction for print ads and direct-mail. For the international competition, one of the largest of its kind, Crestmark’s entries competed...
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June 23, 2016, 07:06 AM
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Crestmark secured a total of $8.775 million in financial solutions for 14 new clients in the second half of May.
A $500,000 accounts receivable purchase facility was provided on May 19 to a parts supplier for the oil and gas industry in Texas....
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June 02, 2016, 07:22 AM
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Crestmark secured a total of $16.265 million in financial solutions for 19 new clients in the first half of May. The deals include:
$150,000 accounts receivable purchase facility was provided on May 2 to a trucking company in Washington. The...
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May 19, 2016, 07:54 AM
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Crestmark secured a total of $7.57 million in financial solutions for 13 new clients in the second half of April. They include:
A $550,000 accounts receivable purchase facility was provided on April 20 to a startup trucking company in Texas. The...
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May 04, 2016, 07:19 AM
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Crestmark secured a total of $4.375 million in financial solutions for six new clients in the first half of April. The transactions include:
A $175,000 SBA 7(a) term loan facility was provided on April 1 to an independent insurance agency in...
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April 20, 2016, 07:25 AM
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Crestmark secured a total of $14.593 million in financial solutions for 11 new clients in the first half of March. They are:
A $400,000 accounts receivable purchase facility was provided on March 1 to a startup trucking company in Michigan. The...
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March 17, 2016, 08:01 AM
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Crestmark secured a total of $11.15 million in financial solutions for six new clients in the second half of February.
A $400,000 accounts receivable purchase facility was provided on Feb. 18 to a trucking company in Texas. The financing will be...
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March 02, 2016, 07:12 AM
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Crestmark secured a total of $11,396,000 in financial solutions for seven new clients in the first half of February. The transactions are:
A $350,000 accounts receivable purchase facility was provided on Feb. 2 to a startup car hauling company in...
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February 18, 2016, 07:42 AM
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Crestmark secured a total of $10,715,000 in financial solutions for eight new clients in the second half of January. The deals are:
A $250,000 accounts receivable purchase facility was provided on Jan. 19 to a startup freight brokerage in Michigan...
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February 03, 2016, 07:52 AM
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Crestmark secured a total of $11.185 million in financial solutions for 11 new clients in the first half of January. The transactions include:
A $500,000 ledgered line of credit was provided on Jan. 4 to a flatbed trucking company in Pennsylvania....
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January 20, 2016, 07:38 AM
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Crestmark secured a total of $11.35 million in financial solutions for four new clients in the first half of December. The transactions are:
On Dec. 1, a $7 million asset-based line of credit facility was provided to a fiberglass manufacturer and...
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December 17, 2015, 08:02 AM
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Crestmark Bank President and Chief Operating Officer Mick Goik announced the debut of Crestmark Equipment Finance on the bank’s website: www.crestmark.com. Crestmark Equipment Finance, a wholly owned subsidiary of Crestmark Bank, was established in...
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December 14, 2015, 07:37 AM
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Crestmark secured a total of $8,005,000 in financial solutions for seven new clients in the second half of November. The transactions are:
On Nov. 17, a $1 million accounts receivable purchase facility was provided to a start-up transportation...
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December 03, 2015, 07:29 AM
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Crestmark secured a total of $6.51 million in financial solutions for ten new clients in the first half of November. The transactions include:
On Nov. 4, a $500,000 accounts receivable purchase facility was provided to a start-up freight broker in...
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November 18, 2015, 07:22 AM
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Crestmark secured a total of $5,858,000 in financial solutions for six new clients in the second half of October. The transactions are as follows:
On Oct. 20, a California-based designer and manufacturer of women’s dresses entered into a...
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November 05, 2015, 07:29 AM
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Crestmark secured a total of $9,070,000 in financial solutions for eight new clients in the first half of October. The transactions include:
On Oct. 1, a $250,000 accounts receivable purchase facility was provided to a startup trucking company in...
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October 21, 2015, 07:35 AM
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Crestmark secured a total of $6.59 million in financial solutions for nine new clients in the second half of September. They include:
On Sept. 16, a $300,000 SBA 7(a) term loan facility was provided to an independent insurance agency in North...
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October 07, 2015, 07:23 AM
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Crestmark Bank was honored by Graphic Design USA with three American Graphic Design Awards for advertising and direct mailings. One of the largest and long-running competitions of its kind, nearly 10,000 entries were submitted for the 2015 awards....
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September 24, 2015, 07:02 AM
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Crestmark secured a total of $3,856,000 in financial solutions for seven new clients in the first half of September. The deals include:
On Sept. 1, a $500,000 accounts receivable purchase facility was provided to a trucking company in Illinois....
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September 16, 2015, 07:39 AM
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Crestmark secured a total of $1,450,000 in financial solutions for 5 new clients in the first half of August.
On August 17, a $200,000 accounts receivable purchase facility was provided to trucking company hauling general freight and refrigerated...
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September 04, 2015, 08:00 AM
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Crestmark Bank is one of the fastest growing private companies in the U.S. according to Inc. magazine. In its just-released 34th annual list of America’s Fastest Growing Private Companies, Crestmark ranked 61st among the fastest-growing companies in...
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August 14, 2015, 07:41 AM
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Crestmark secured a total of $17,008,000 in financial solutions for 13 new clients in the second half of July. The transactions are:
On July 17, a $250,000 accounts receivable purchase facility was provided to a trucking company in Georgia. The...
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August 05, 2015, 07:39 AM
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Crestmark secured a total of $12,530,000 in financial solutions for eight new clients in the first half of July.
On June 30, a traditional factoring facility was provided to an urban/streetwear clothing importer in New Jersey. The financing will...
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July 17, 2015, 07:15 AM
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Crestmark First Vice President of Program Management Scot Lund has been named president of the Michigan Chapter of the Turnaround Management Association (TMA), effective July 1. TMA is a non-profit organization dedicated to corporate renewal and...
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July 14, 2015, 07:52 AM
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Crestmark announced the funding of Alternative Energy Development Group (AEDG) LLC, and affiliated company SolarSense LLC, headquartered in Berwyn, Pa., with a combination of sale and leaseback transactions. Crestmark provided sale-leaseback...
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July 10, 2015, 07:29 AM
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Crestmark secured a total of $22.1 million in financial solutions for eleven new clients in the second half of June. The transactions are:
A $250,000 accounts receivable purchase facility was provided on June 16 to a medical software and hardware...
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July 02, 2015, 07:42 AM
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Crestmark Bank, headquartered in Troy, and serving businesses nationwide, hosts financial education programs for students as part of its strategic community outreach initiatives. The company’s financial literacy programs for 2015 include...
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June 18, 2015, 07:04 AM
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Crestmark secured a total of $5.34MM in financial solutions for eight new clients in the first half of June. The transactions are:
A $300,000 SBA 7(a) term loan facility was provided on June 1 to an independent insurance agency in Ohio. The...
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June 16, 2015, 07:49 AM
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Crestmark secured a total of $7 million in financial solutions for seven new clients in the second half of May. The transactions include:
A $650,000 SBA 7(a) term loan facility was provided on May 20 to an independent insurance agency in Michigan....
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June 03, 2015, 07:23 AM
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Crestmark secured a total of $7,065,000 in financial solutions for six new clients in the first half of May. These transactions include:
A $100,000 accounts receivable purchase facility was provided on May 4 to a trucking company in Kentucky. The...
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May 20, 2015, 07:27 AM
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Crestmark secured a total of $12,690,000 in financial solutions for nine new clients in the second half of April. The details are as follows:
A $5 million asset-based line of credit was provided on April 21 to a distributor of pipeline products in...
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May 06, 2015, 07:31 AM
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Crestmark secured a total of $2,650,000 in financial solutions for six new clients in the first half of April.
A $400,000 accounts receivable purchase facility was provided on April 1 to a trucking company in Tennessee. The financing will be used...
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April 21, 2015, 07:00 AM
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Crestmark secured a total of $6.95 million in financial solutions for nine new clients in the second half of March. The transactions are:
A $250,000 accounts receivable purchase facility was provided on March 16 to a trucking company in...
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April 03, 2015, 07:33 AM
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Crestmark secured a total of $10,095,000 in financial solutions for seven new clients in the first half of March. The transactions are:
A $7 million asset-based line of credit was provided on March 2 to a textile wholesaler in California. The...
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March 23, 2015, 07:48 AM
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Crestmark secured a total of $13.39 million in financial solutions for twelve new clients to finish the month of February. The transactions are:
A $2.7 million SBA term loan facility was provided on February 9 to a hotel management company in...
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March 06, 2015, 07:21 AM
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Crestmark secured a total of $5.4 million in financial solutions for four new clients in the first half of February. The transactions are:
A $400,000 accounts receivable purchase facility was provided on February 2 to a staffing agency in Maryland...
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February 20, 2015, 07:39 AM
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Crestmark announced the launch their new company website that takes advantage of responsive design technology. The technology allows for a consistent Crestmark brand experience on any device, whether mobile phone, tablet or workstation. The new...
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February 19, 2015, 07:11 AM
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Crestmark secured a total of $14,070,000 in financial solutions for eleven new clients in the month of January. The transactions are:
A $7 million accounts receivable purchase facility was provided on January 8 to a Florida computer hardware and...
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February 11, 2015, 07:04 AM
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Crestmark secured a total of $23,225,000 in financial solutions for fifteen new clients in the month of December.
A $225,000 SBA term loan facility was provided on December 1 to a Florida insurance agency. The financing will be used for working...
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January 09, 2015, 07:19 AM
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Crestmark secured a total of $11,645,000 in financial solutions for eight new clients in the second half of November. The transactions include:
A $1 million accounts receivable purchase facility was provided on November 17 to a Texas provider of...
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December 09, 2014, 07:33 AM
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Crestmark announced that it closed eitght transactions totaling more than $14 million in the first half of November. The transactions are:
A $2.5 million accounts receivable purchase facility was provided on November 3 to a manufacturer of foam...
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November 21, 2014, 07:33 AM
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Crestmark secured a total of $10.669 million in financial solutions for six new clients in the second half of October.
On October 17, a $3,919,000 asset-based line of credit and equipment term loan was provided to a Michigan automotive parts...
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November 07, 2014, 07:19 AM
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Crestmark secured a total of $7,397,200 in financial solutions for seven new clients in the first half of October. The transactions include:
A $622,500 SBA term loan was provided to an independent insurance agent in Texas for acquisition...
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October 24, 2014, 07:04 AM
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Crestmark secured a total of $14,980,600 in financial solutions for nine new clients in the month of September.
The deals include:
On September 2, a $2 million ledgered line of credit was provided to a metal fabricator in Michigan to pay off a...
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October 06, 2014, 09:02 AM
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Crestmark announced that they have acquired TIP Capital’s equipment leasing and asset management business. The wholly owned subsidiary of Crestmark Bank is named Crestmark Equipment Finance, Inc., a Crestmark Bank Company; however during a transition...
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October 02, 2014, 08:02 AM
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Crestmark is proud to announce that W. David Tull was appointed to the board of trustees for Michigan-based Oakland University by Michigan Governor Rick Snyder. His eight year term will expire in August 2022. Also named was Melissa Stolicker. "These...
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September 10, 2014, 08:09 AM
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Crestmark secured a total of $1.05 million in financial solutions for three new clients in the last half of August. The transactions include:
On August 15, a $500,000 traditional factoring facility was provided to a footwear importer in...
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September 08, 2014, 07:13 AM
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Crestmark secured a total of $10.55 million financial solutions for nine new clients in the first half of August.
On August 4, a $2 million ledgered line of credit was provided to an outdoor apparel manufacturer in Rhode Island. The funds will be...
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August 21, 2014, 07:14 AM
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Crestmark secured a total of $12.2 million in financial solutions for eight new clients in the month of July. The deals include:
On July 1, a $500,000 accounts receivable purchase facility was provided to a container distributor in Indiana. The...
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August 05, 2014, 07:26 AM
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Federal National Commercial Credit announced that Todd Waldrip has joined the company as a Senior Business Development Officer in Birmingham, Alabama. Waldrip has cultivated an extensive network in the south east. His history of success arises from...
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July 24, 2014, 07:26 AM
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Crestmark secured a total of $5.5 million in financial solutions for six new clients in the second half of June. The transactions include:
On June 16, a $2,500,000 ledgered line of credit was provided to a paving company in Virginia. The funds...
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July 11, 2014, 07:18 AM
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Crestmark announced it closed three recent deals totaling nearly $3.75 million in the first half of June. The deals are:
On June 3, a $1.5 million traditional factoring facility was provided to a California manufacturer and distributor of women’s...
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June 20, 2014, 06:52 AM
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Crestmark secured a total of $9.275MM in financial solutions for five new clients in the second half of May. The transactions include:
On May 21, a $7.2 million asset-based lending facility was provided to a staffing company in Texas.
A $300,000...
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June 06, 2014, 07:26 AM
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The International Factoring Association (“IFA”), the largest association of the commercial finance industry, has announced that four new members were appointed to its Board of Advisors. The new advisory board members will serve a two-year term and...
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June 03, 2014, 07:28 AM
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Crestmark secured a total of $7,466,000 in financial solutions for ten new clients in the first two weeks of May. The transactions include:
On May 1, a $1 million ledgered line of credit was provided to a transportation and warehouse provider in...
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May 23, 2014, 07:33 AM
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Crestmark secured a total of $11,763,500 in financial solutions for six new clients in the final two weeks of April.
On April 19, a $500,000 accounts receivable purchase facility was provided to a manufacturer of nutritional products located in...
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May 06, 2014, 07:11 AM
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Crestmark secured a total of $11.1 million in financial solutions for four new clients in the first two weeks of April. The transactions are as follows:
On April 1, a $4 million revolving line of credit supported by $1.6 million term loan, was...
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April 24, 2014, 07:31 AM
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Crestmark secured a total of $4,750,000 in financial solutions for three new clients in final two weeks of March. They are:
On March 19 a $1.5 million asset based lending facility was provided to a supplier of LED light bulbs in Michigan. The...
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April 03, 2014, 07:29 AM
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Crestmark secured a total of $2.5 million in financial solutions for three new clients in first two weeks of March. The transactions are:
On March 7 a $500,000 accounts receivable purchase facility was provided to an oilfield services and trucking...
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March 19, 2014, 07:46 AM
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Crestmark secured a total of $14.7 million in financial solutions for seven new clients in February.
The transactions include:
A $1 million ledgered line of credit was provided on February 6 to a digital formatting and recording company located...
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March 06, 2014, 07:07 AM
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Nutroganics, Inc. announced its wholly owned subsidiary, Silverbow Honey, has entered into a three year financing facility with Crestmark Bank under which Crestmark will make available up to $500,000 of working capital to Silverbow. The capital will...
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February 13, 2014, 07:23 AM
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Crestmark secured a total of $7.55 million in financial solutions for four new clients in January.
On January 3, a $400,000 equipment term loan was provided to a Texas manufacturer of cable trays and support systems for the purchase of new...
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February 06, 2014, 07:11 AM
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Crestmark secured a total of $5,800,000 in financial solutions for five new clients in December.
On December 10, a traditional factoring facility was provided to an importer and distributor of bicycles and accessories located in North Carolina.
A...
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January 07, 2014, 07:16 AM
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In an effort to strengthen Crestmark’s support of the transportation industry, Crestmark has recently moved a long-time Crestmark employee into a business development role. Sherri Myers will support businesses in the Great Lakes and Northeast; and...
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December 13, 2013, 07:19 AM
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Crestmark secured a total of $4.5 million in financial solutions for three new clients in the second two weeks of November. The transactions are:
On November 22, a $1.5 million ledgered line of credit facility with advances on accounts receivable...
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December 06, 2013, 07:24 AM
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Crestmark closed a total of $1.6 million in financial solutions for three new clients in first two weeks of November. The deals include:
On November 1, a $750,000 ledgered line of credit facility was provided to a Georgia provider of media ink for...
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November 20, 2013, 07:14 AM
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Crestmark secured a total of $21,050,000 in financial solutions for six new clients in the second half of October. The transactions inlcude:
On October 18, a $4 million asset-based lending facility was provided to a Maryland commercial...
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November 06, 2013, 07:19 AM
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Crestmark secured a total of $3.9 million in financial solutions for three new clients in first two weeks of October.
On October 8, a $400,000 ledgered line of credit facility was provided to a North Carolina staffing company.
A $1.5 million...
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October 22, 2013, 07:26 AM
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Crestmark secured a total of $14,750,000 in financial solutions for seven new clients in the second half of September.
On September 16, a $1,500,000 asset-based lending facility with advances on accounts receivable and inventory was provided to a...
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October 02, 2013, 07:49 AM
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Crestmark secured a total of $3,250,000 in financial solutions for three new clients in the first two weeks of September.
On September 4, a $250,000 accounts receivable purchase facility was provided to a California transportation company. Funding...
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September 18, 2013, 07:00 AM
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Crestmark secured a total of $3.7 million in financial solutions for four new clients in the first two weeks of August.
On August 8, a $1.5 million ledgered line of credit facility was provided to an Oklahoma oil and gas well services company....
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August 21, 2013, 07:46 AM
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Crestmark secured a total of $5.25 million in financial solutions for five new clients during the month of July. They include:
On July 1, a $750,000 ledgered line of credit facility was provided to New Jersey transportation company.
A $1 million...
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August 02, 2013, 07:11 AM
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Star Funding has announced that Jack McLaughlin has joined the company as senior vice president of business development. Bringing 39 years experience in commercial finance to his new role, and he will primarily focus on originating loans for small to...
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July 26, 2013, 07:39 AM
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In an effort to strengthen Crestmark’s support of the transportation industry, Crestmark has recently promoted four employees from its Franklin, TN office. Each of these individuals has over ten years of experience in the industry.
“These promotions...
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July 08, 2013, 05:03 PM
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Crestmark secured a total of $15.25 million in financial solutions for eight new clients since May 15.
On May 16, a $4 million accounts receivable purchase facility was provided to a Colorado medical staffing agency.
On May 17, a $200,000...
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June 04, 2013, 07:11 AM
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In a move to create efficiencies and help the small-to medium-sized business community, Crestmark has realigned its Underwriting Department and has promoted and hired several employees. The promotions and hirings include:
Steve Gross has been...
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May 29, 2013, 07:21 AM
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Crestmark secured a total of $22,250,000 in financial solutions for 11 new clients since May 1.
On May 2, a $600,000 ledgered line of credit facility was provided to a Montana transportation company.
A $550,000 accounts receivable purchase...
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May 17, 2013, 08:05 AM
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Crestmark secured a total of $16 million in financial solutions for eight new clients since April 15, 2013. The transactions are as follows:
On April 15, a $1 million ledgered line of credit was provided to a California staffing company.
On April...
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May 09, 2013, 07:29 AM
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Crestmark announced the establishment of a full-service Crestmark office in downtown Los Angeles; and the addition of Tom Lescher as regional executive vice president; and Chanté Lafall, operations manager. As a part of the growing West division led...
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April 23, 2013, 07:16 AM
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Crestmark announced it closed six transactions totaling more than $3 million in the first two weeks of April. They are:
On April 5, a $150,000 accounts receivable purchase facility was provided to a Kentucky start-up trucking operation hauling...
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April 19, 2013, 07:07 AM
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Crestmark secured a total of $5.6 million in financial solutions for eight new clients since March 15. The deals are as follows:
On March 20, a $1.5 million ledgered line of credit facility with advances on accounts receivable was provided to a...
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April 03, 2013, 07:01 AM
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BridgeSpan Capital Partners and Crestmark announced the joint venture BridgeSpan Funding, formed specifically to provide short-term financing to investors in commercial real estate assets. Located in Bloomfield Hills, MI, the newly formed company...
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March 25, 2013, 10:02 AM
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Crestmark secured a total of $5.5 million in financial solutions for seven new clients during the first two weeks of March.
On March 4, Crestmark provided a $350,000 ledgered line of credit facility to an Indiana company that manufactures...
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March 19, 2013, 07:40 AM
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Crestmark announced Troy Myers, vice president, assistant field exam manager, recently became a Certified Fraud Examiner (CFE), passing the Association of Certified Fraud Examiners CFE exam.
CFE certification is a one year course, ending in an exam...
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March 07, 2013, 07:06 AM
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During the month of February, Crestmark funded a total of $24,350,000 in financial solutions for 12 new clients.
Crestmark provided a $750,000 ledgered line of credit facility to a Michigan general labor staffing services company on February 5....
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March 04, 2013, 07:26 AM
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Crestmark has hired Philip J. Yanick as senior vice president and chief risk officer. In his new role, Yanick will be responsible for enhancing Crestmark’s risk management practices and assisting in the continued growth and success of the bank. He...
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February 07, 2013, 07:03 AM
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Crestmark secured a total of $16.5 million in financial solutions for nine new clients during the last weeks of January.
On January 14, Crestmark provided a $1,000,000 ledgered line of credit facility for a California manufacturer and distributor...
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February 06, 2013, 07:21 AM
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Crestmark announced a total of $4.55 million in financial solutions were secured for five new Crestmark clients during the first two weeks of January.
On January 4, a $350,000 accounts receivable ledgered line of credit facility was provided for a...
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January 15, 2013, 02:44 PM
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In an effort to continue to strengthen Crestmark’s presence while rewarding employees for the instrumental roles they have played in the company’s development, Crestmark has recently promoted seven employees. “Crestmark is proud of each of these...
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January 10, 2013, 02:06 PM
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In an effort to strengthen the support of businesses in the Chicagoland area, Crestmark has expanded its Wacker Drive office. Scott Frederick, regional first vice president, business development, and top sales performer, has relocated to the area. In...
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January 09, 2013, 07:02 AM
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