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News Stories (61 Results) - Crestmark

Crestmark’s Joint Ventures division and the Government Guaranteed Lending division secured a combined total of $73,280,557 in financial solutions for six solar energy clients in the second half of December. Joint Ventures division On Dec. 18, a $4... Read Story
January 16, 2019, 07:10 AM


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 Farrell.Koran brings nearly... Read Story
January 10, 2019, 07:22 AM


Crestmark provided more than $59.4 million in commercial financing to 82 businesses in the second half of December. Crestmark Equipment Finance provided $19,598,832 in eight new lease transactions; Crestmark Vendor Finance provided $4,738,826 in 59... Read Story
January 09, 2019, 07:20 AM


Crestmark provided more than $16.7 million in commercial financing to 64 businesses during the first half of December. Of that total, Crestmark Equipment Finance provided $740,098 with one new lease transaction and Crestmark Vendor Finance provided... Read Story
December 21, 2018, 07:20 AM


Crestmark provided more than $23.2 million in commercial financing to 86 businesses in the first half of November. Crestmark Equipment Finance provided $12,095,622 in four new lease transactions; Crestmark Vendor Finance provided $6,700,000 in 75 new... Read Story
November 21, 2018, 07:15 AM


Crestmark announced it provided more than $25.6 million in commercial financing to 83 businesses in the second half of October. Crestmark Equipment Finance provided $1,245,051 in one new lease transaction; Crestmark Vendor Finance provided... Read Story
November 05, 2018, 07:20 AM


Crestmark announced it provided more than $30.1 million in commercial financing to 66 businesses in the first half of October.Crestmark Equipment Finance provided $13,412,118 in seven new lease transactions; Crestmark secured a total of $13,585,000... Read Story
October 19, 2018, 07:20 AM


Crestmark announced 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... Read Story
October 15, 2018, 07:15 AM


Crestmark provided more than $67.5 million in commercial financing to a total of 69 businesses in the second half of September. Its Asset-based Lending Division secured a total of $22,050,000 in ABL financial solutions for eight new clients;... Read Story
October 04, 2018, 07:17 AM


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 Aug. 16, a $400,000 accounts receivable purchase facility was provided to a trucking company in Illinois. The... Read Story
September 06, 2018, 07:15 AM


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 Aug. 3, a $75,000 accounts receivable purchase facility was provided to trucking brokerage in Alabama. The... Read Story
August 22, 2018, 07:05 AM


Crestmark secured a total of $74,854,453 in financial solutions for 26 new clients in the second half of July.The transactions are as follows: On July 16, an $830,000 term loan facility was provided to an independent wealth management firm in... Read Story
August 07, 2018, 07:10 AM


Crestmark secured a total of $38,110,791 in financial solutions with 22 transactions for 21 new clients in the second half of June. On June 18, a $2,500,000 ledgered line of credit facility was provided to a digital production services provider in... Read Story
July 03, 2018, 07:05 AM


Meta Financial Group, Inc., the holding company for its federally chartered savings bank subsidiary, MetaBank, announced all necessary bank regulatory approvals relating to the acquisition of Crestmark Bancorp, Inc., the holding company for its... Read Story
June 29, 2018, 07:25 AM


Crestmark announced staff promotions and appointments in its East Division, which represents the eastern half of the United States and includes Crestmark’s offices in Florida, Michigan and New York.“These talented Crestmark professionals help our... Read Story
June 21, 2018, 07:20 AM


Crestmark secured a total of $25,274,400 in financial solutions for 18 new clients in the first half of June. On June 1, a $1,500,000 accounts receivable purchase facility was provided to a trucking company in Michigan. The financing will be used... Read Story
June 20, 2018, 07:10 AM


Crestmark was selected as one of Michigan’s Economic Bright Spots by Corp! Magazine. The award celebrates companies that have continued to thrive in economic growth, expansion and hiring Michigan’s brightest talent in 2018.“At Crestmark, we help,”... Read Story
June 18, 2018, 06:55 AM


Crestmark announced a series of staff promotions and appointments at its corporate offices in Troy, Mich. “This group of Crestmark professionals continues to support Crestmark and the business owners we help with outstanding expertise and service,”... Read Story
June 13, 2018, 07:25 AM


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 Manager Steve Hansen, Senior Vice President... Read Story
June 12, 2018, 07:20 AM


Marking just over one year since the acquisition of equipment leasing company Allstate Capital, Crestmark announced record growth in its small ticket leasing division, now called Crestmark Vendor Finance (CVF). The announcement coincides with new... Read Story
June 07, 2018, 07:25 AM


Crestmark announced 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... Read Story
June 06, 2018, 07:15 AM


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... Read Story
June 04, 2018, 07:15 AM


Crestmark announced two promotions in its West Division, which includes the California and Louisiana offices. Jarrad W. LaCroix was promoted to Underwriter and Officer; Carlos Vargas was promoted to Account Executive and First Vice President.“These... Read Story
May 31, 2018, 07:05 AM


Meta Financial Group, Inc., the holding company for its federally chartered savings bank subsidiary, MetaBank, and Crestmark Bancorp, Inc., the holding company for its Michigan state-chartered bank subsidiary, Crestmark Bank, announced the results of... Read Story
May 30, 2018, 07:15 AM


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... Read Story
May 03, 2018, 07:15 AM


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... Read Story
April 19, 2018, 07:11 AM


Crestmark secured a total of more than $32 million 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... Read Story
April 19, 2018, 06:50 AM


Crestmark secured a total of $25,675,000 in financial solutions for 16 new clients in the first half of March. On March 1, a $500,000 Crestmark term loan facility was provided to a software developer in Michigan. The financing will be used to pay... Read Story
March 19, 2018, 07:20 AM


Crestmark Executive Vice President Larry Pearce announced Crestmark’s expansion of its funding capabilities to provide several options to the growing solar energy market.Crestmark offers several financing programs to help business owners looking to... Read Story
March 15, 2018, 07:15 AM


Crestmark secured a total of $17,700,000 in financial solutions for 17 new clients in the second half of February. On Feb. 16, a $2,000,000 accounts receivable purchase facility was provided to a trucking company in Oregon. The financing will be... Read Story
March 06, 2018, 07:00 AM


Crestmark announced promotions in its Crestmark Equipment Finance (CEF) division. Thomas (Tom) Rutherford has been appointed division president, and James (Jim) Recker is division chief operating officer (COO) and general counsel. Both Rutherford and... Read Story
February 22, 2018, 07:30 AM


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... Read Story
December 20, 2017, 07:00 AM


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... Read Story
December 05, 2017, 07:00 AM


Crestmark announced 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... Read Story
November 29, 2017, 07:03 AM


Crestmark announced the addition of 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... Read Story
November 28, 2017, 07:15 AM


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... Read Story
November 17, 2017, 06:00 AM


Crestmark closed three lease transactions totalling $6.9 million in the second half of October. A $2,200,000 new lease transaction was completed with a medical supply company in the western U.S. on Oct. 19. The financing will be used for... Read Story
November 03, 2017, 07:04 AM


Beginning December 18, 2017, electronic logging devices (ELDs) are required for an estimated 3.4 million U.S. commercial truck drivers. A preferred partnership with Transflo and Crestmark will help transportation companies get equipped for the... Read Story
October 03, 2017, 07:00 AM


Crestmark secured three lease transactions totalling $10,300,000 for new clients in the first half of September. On Sept. 1, a $3,900,000 new lease transaction was completed with a property management firm in the western U.S. The financing will be... Read Story
September 21, 2017, 07:00 AM


Crestmark announced the closing of $13.5MM in lease transactions in the second half of July. Lease transactions completed include: A $2,500,000 new lease transaction was completed on July 17 with a health care provider in the southeastern U.S. The... Read Story
August 09, 2017, 07:00 AM


Crestmark was honored by the 23rd Annual Communicator Awards with one Award of Excellence and four Awards of Distinction for its direct mail and collateral pieces to promote Crestmark’s financing solutions to small- and medium-sized... Read Story
June 21, 2017, 06:10 AM


Crestmark announced the acquisition of Allstate Capital. They will be a part of Crestmark’s leasing division, Crestmark Equipment Finance, Inc., a wholly owned subsidiary of Crestmark Bank; and will report to Crestmark First Vice President Scot Lund... Read Story
May 15, 2017, 07:10 AM


Crestmark announced the closing of four lease transactions totalling $5.9MM in the second half of April. The transactions closed include: A $1,300,000 new lease transaction was completed on April 20 with a publishing company in the eastern U.S.... Read Story
May 03, 2017, 07:02 AM


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... Read Story
February 01, 2017, 07:00 AM


Scott Grady, president of Crestmark Equipment Finance (CEF), based in Bloomfield Hills, Michigan, announced the promotion of Chris Emge to Western Division sales manager. In his new role, Emge oversees a team of experienced business development... Read Story
January 04, 2017, 07:04 AM


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... Read Story
December 29, 2016, 07:45 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, 07:02 AM


Crestmark Equipment Finance (CEF) welcomes Barry Curry, vice president, business development officer. Curry will work closely with Crestmark’s Transportation Division, a leading national lender to the transportation industry. Curry will provide... Read Story
July 28, 2016, 07:07 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, 07:10 AM


Steve Gross, executive vice president and SBA division head of Crestmark Bank, announced the promotion of Christopher Soupal to senior vice president, national sales director of the SBA Lending Division from first vice president, national sales... Read Story
July 13, 2016, 06:13 AM


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... Read Story
June 23, 2016, 07:00 AM


Crestmark Bank, now in its 20th year, recently welcomed three new staff members, and named David Menoian, sales analyst with the SBA Division, an officer of the company. New additions to Crestmark’s growing staff are: Joseph Civitella, assistant vice... Read Story
May 05, 2016, 06:45 AM


Crestmark announced the addition of Cory Turner as vice president, business development officer for the Transportation Division, which is located in Greater Nashville (Franklin), Tennessee. Turner will provide financial solutions to companies in the... Read Story
February 02, 2016, 07:06 AM


Heath Holdbrooks, executive vice president, and president of Crestmark’s Transportation Division, announced promotions at the division’s offices in Franklin (Greater Nashville), Tennessee. The Transportation Division specializes in financing... Read Story
January 27, 2016, 07:09 AM


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... Read Story
July 09, 2015, 07:06 AM


Crestmark announced the addition of Sean Campbell as Vice President, Business Development Officer. Working out of Benton, Arkansas, he will assist in expanding Crestmark’s presence and financing opportunities for the transportation industry. He will... Read Story
April 08, 2015, 07:00 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, 07:10 AM


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... Read Story
October 02, 2014, 07:00 AM


Crestmark and TIP Capital 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 final... Read Story
September 04, 2014, 07:07 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, 07:03 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, 07:10 AM