In an effort to strengthen the support of businesses in the Chicagoland area, Crestmark has expanded its Wacker Drive office. Scott Frederick, regional first vice president, business development, and top sales performer, has relocated to the area. In December, Frederick made the move with his family, leaving the Midwest Regional Office in Troy, Michigan, where he has worked since 2005. In addition to the supporting the Chicagoland area, Frederick will continue to support both western Michigan and his existing contacts in Michigan.

Crestmark has had a presence in Chicago over the years and is making the office expansion a priority in 2013. Frederick will focus on helping to expand Crestmark’s presence to support businesses in need of working capital financing in the diverse southeastern Chicago area.

“This is not only a wonderful opportunity to aid in the financial growth of area businesses, but to help Crestmark continue to grow in the Chicago market,” said Scott Frederick. “My family and I are excited to become a part of this exciting, energetic city.”

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.