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Funding Announcement 3-10-10

 PRESS RELEASE
For Immediate Release March 10, 2010

Contact: Lisa Beattie
Phone: 248-267-1639


Crestmark, a national provider of working capital solutions to small- and mid-sized businesses, through the Troy, MI office, has provided the following working capital solutions:

• $1,700,000 to an Ohio company providing electro painting and assembly to the automotive industry
• $750,000 to an Michigan company who provides staffing for the IT industry
• $750,000 to a Michigan bakery/grocery
• $750,000 to an Indiana importer/distributor of licensed t-shirts and hats selling to big box retailers


Crestmark’s West Palm Beach, FL office has provided the following financing solutions:

• $2,000,000 to a New York hair care product manufacturer
• $300,000 to a South Carolina domestic apparel manufacturer selling to wholesale companies
• $500,000 to a Florida commercial coffee roaster selling nationwide to distributors and retailers
• $2,000,000 to a Florida importer of home furnishing products selling to major retailers
• $1,750,000 to a California manufacturer/distributor of potpourri, candles and home fragrance products
• $1,500,000 to a California medical staffing company


Crestmark’s Baton Rouge, LA office has provided the following financing solutions:

• $1,800,000 to a Texas manufacturer/distributor of specialty medical equipment
• $500,000 to a Texas distributor/reseller of wire garment hangers to the dry cleaning industry
• $500,000 to a Colorado sand mining/fine sand manufacturer

Crestmark Transportation Services, the transportation specialty subsidiary of Crestmark located in Nashville, TN has provided working capital solutions to the following company:

• $750,000 to an Illinois trucking company hauling general freight and produce

 

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