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Recent Fundings for Crestmark Bank

PRESS RELEASE
For Immediate Release August 13, 2009

Contact: Mia Beattie
Phone: 248-267-1654


Crestmark Bank, a national provider of working capital solutions to small- and mid-sized businesses, has provided the following financing solutions:

• $250,000 to a company located in Florida who manufactures, installs and services electrical and non-electrical signage
• $150,000 to a Michigan based manufacturer of component parts for military tankers
• $1,000,000 to a California company who provides residential care services for the developmentally and mentally disabled
• $1,526,000 to a company located in Michigan who manufactures and sells worldwide, wear resistant parts for sand mixers and sand mullers

Crestmark Bank, through the West Palm Beach, FL office, has provided the following factoring facilities:

• $1,000,000 to a New York-based designer and manufacturer of better costume jewelry
• $250,000 to a start-up company in Tennessee, operating as a wholesaler of garments to major national discount department stores
• A funds-as-collected factoring facility to a Alabama-based designer and importer of licensed apparel, selling to retailers and national chain stores
• $250,000 to a manufacturer in North Carolina of leather upholstered furniture, selling to retailers nationwide
• $350,000 to a Mississippi-based furniture manufacturer who sells to retailers nationwide


 

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