Crestmark secured a total of $4.5 million in financial solutions for three new clients in the second two weeks of November. The transactions are:

• On November 22, a $1.5 million ledgered line of credit facility with advances on accounts receivable was provided to an IT consultant located in Michigan.
• A $1 million ledgered line of credit facility was provided on November 22 to a Florida provider of soil erosion and water filtration products and services.
• On November 27, a $2 million asset-based lending facility with advances on accounts receivable and a term loan component was provided to a Michigan manufacturer of emergency communications and security products.

Crestmark is a nationally known and respected FDIC-insured bank that provides innovative financial solutions for small- to medium-sized businesses.