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Crestmark Closes $5.9MM of Lease Transactions in Second Half of April

May 03, 2017, 07:02 AM
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Topic: Industry News

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. The financing will be used for technology equipment.

  • A $2,300,000 new lease transaction was completed on April 20 with a Fortune 500 electronics company in the midwestern U.S. The financing will be used for technology equipment.

  • On April 21, a $1,800,000 new lease transaction was completed with an apparel company in the northeastern U.S. The financing will be used for furniture, fixtures, and equipment (FF&E).
     
  • A $500,000 new lease transaction was completed on April 24 with a Fortune 1000 technology company in the midwestern U.S. The financing will be used for technology equipment.

 

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