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Crestmark Expands into Equipment Financing

January 31, 2013, 07:10 AM
Filed Under: Industry News
Related: Crestmark

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 includes various methods for lending on a businesses’ stand-alone manufacturing equipment; and looks to include options for financing rolling stock in the future.

“We are excited to be able to expand our available financing solutions. Over the last several years, we have undergone growth from a geographic perspective, and expanding our product line seemed like a natural step for us as we continue to help our clients,” said W. David Tull, Crestmark founder and CEO. “As a company that started in Michigan over 16 years ago and who weathered the challenges of a changing economy, we are proud to be an American company, supporting businesses nationwide and in Canada.”

Crestmark is a nationally known FDIC-insured bank that provides innovative financial solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing, lines of credit and factoring. Crestmark finances most business-to-business companies, and has extensive experience in helping many industries including transportation, manufacturing, staffing, government contractors, apparel and furniture manufacturing. Headquartered in Michigan, with offices in Florida, Louisiana, Tennessee, New York, Alabama, California, Illinois, Ohio, Missouri, North Carolina, and Texas.

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