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Crestmark Closes $6.9MM in Lease Transactions in 2nd Half of October

November 03, 2017, 07:04 AM
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Topic: Industry News

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 software.
  • On Oct. 20, a $1,100,000 new lease transaction was completed with a defense contractor in the midwestern U.S. The financing will be used for assembly line equipment. 
  • On Oct. 23, a $3,600,000 new lease transaction was completed with a lumber company in the western U.S. The financing will be used for machine tools.



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