Crestmark, the Commercial Finance division of Pathward, formerly known as MetaBank, announced the addition of five new members to its sales team, and the promotion of Dean Allman.Allman joined Crestmark in 2018 as a national account executive, and...
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August 23, 2022, 07:58 AM
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Crestmark, the Commercial Finance Division of Pathward, N.A., announced it provided more than $75.5 million in commercial financing to 112 Businesses in June. Crestmark secured a total of $33,772,677 in ABL/factoring financial solutions for 23 new...
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August 01, 2022, 07:41 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $25,950,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $16,094,651 in 20 new large ticket transactions and $6,435,042...
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June 16, 2022, 07:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $12,801,160 in ABL/factoring financial solutions for 11 new clients; Crestmark Equipment Finance provided $10,080,680 in 11 new large ticket transactions and $2,320,351...
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May 16, 2022, 07:30 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $56,450,000 in ABL/factoring financial solutions for 26 new clients; Crestmark Equipment Finance provided $25,043,991 in 21 new large ticket transactions and $11,837,288...
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April 28, 2022, 07:39 AM
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Crestmark announced the additions of Richard Flamang and Ralph Aurelia as experienced business development team members to the Working Capital group. They will be responsible to enhance the growth of small- to medium-sized businesses by providing...
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April 25, 2022, 07:22 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $34.1 million in commercial financing to 72 businesses in the first half of March. It secured a total of $12,363,696 in ABL/factoring financial solutions...
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March 28, 2022, 07:11 AM
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Crestmark added Warren Powell to the Working Capital business unit. In his new role as Business Development Officer, Powell is responsible for promotion of the company’s asset-based lending offerings. Based in North Carolina, he will report to Mark...
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March 09, 2022, 07:28 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $3,291,085 in ABL/factoring financial solutions for 14 new clients; Crestmark Equipment Finance provided $24,477,897 in seven new transactions; and Crestmark Vendor...
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February 28, 2022, 07:32 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it secured a total of $23,050,000 in ABL/factoring financial solutions for 19 new clients; Crestmark Equipment Finance provided $21,489,603 in 17 new large ticket transactions...
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February 16, 2022, 07:05 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., announced a series of organizational changes as part of a company-wide initiative to enhance customer experience and improve operational execution. “Refocusing our organizational structure...
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February 09, 2022, 08:02 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $57.5 million in commercial financing to 132 businesses in November. Crestmark secured a total of $13,600,000 in ABL/factoring financial solutions for 23 new...
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December 13, 2021, 07:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, provided more than $41.4 million in commercial financing to 51 businesses in the second of October. Crestmark secured a total of $18,247,152 in ABL/factoring financial solutions for 16 new...
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November 15, 2021, 06:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $102.5 Million in commercial financing to 55 businesses in the first half of August. Crestmark secured a total of $46,900,000 in ABL/factoring financial solutions...
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August 30, 2021, 08:00 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $81.5 million in Commercial Financing to 82 businesses in the second half of June. Crestmark secured a total of $18,746,500 in ABL/factoring financial solutions...
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July 22, 2021, 06:00 AM
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MetaBank has promoted Christopher Soupal to Commercial Finance Division President. He will report to Brett Pharr, co-president and Chief Operating Officer of MetaBank.Soupal brings more than 20 years of finance and capital management experience to...
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June 29, 2021, 08:10 AM
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Crestmark provided more than $66.5 MM in commercial financing to 67 businesses in the second half of May. Crestmark Equipment Finance provided $11,977,955 in 13 new transactions; Crestmark Vendor Finance provided $3,492,993 in 37 new transactions;...
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June 14, 2021, 07:07 AM
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Crestmark provided more than $34.1 million in commercial financing to 47 businesses in the first half of May. Crestmark secured a total of $15,790,000 in ABL/factoring financial solutions for 12 new clients; Crestmark Equipment Finance provided...
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June 01, 2021, 07:11 AM
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Crestmark announced the additions of Craig Bassel and Randy Gartz to the organization. Their roles will be to assist with business growth by providing all commercial lending offerings.Gartz is based in Texas and reports to Group Sales Manager, Steve...
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May 19, 2021, 07:30 AM
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Crestmark, the Commercial Finance Division of MetaBank, announced it provided more than $16.9 million in commercial financing to 78 businesses in the second half of April. Crestmark Equipment Finance provided $5,707,263 in 22 new transactions;...
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May 14, 2021, 07:02 AM
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Crestmark promoted David Menoian to Government Guaranteed Lending (GGL) business unit president. Menoian is based in Troy, Michigan and will oversee the company’s growing SBA and USDA lending portfolio. He will report to Division President...
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May 04, 2021, 07:20 AM
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Crestmark hired Jeffrey Mitchell and Mena Rizk. In their new roles, they are responsible for business development of the company’s commercial lending offerings. Mitchell is based in Tampa, Florida, and Rizk is based in Newport Beach, California. They...
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April 27, 2021, 07:29 AM
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Crestmark announced it provided more than $70.5 million in commercial financing to 83 businesses in the second half of March. Crestmark Equipment Finance provided $30,768,825 in 15 new transactions; Crestmark Vendor Finance provided $6,544,102 in 57...
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April 20, 2021, 07:00 AM
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Crestmark announced it provided more than $46 million in commercial financing to 46 businesses in the second half of February. Crestmark Equipment Finance provided $18,987,216 in six new lease transactions; Crestmark Vendor Finance provided...
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March 15, 2021, 07:00 AM
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Crestmark announced the appointment of Charles D. Starck as Vice President, Business Development Officer for the Commercial Business Credit Group. Based in Milwaukee Wisconsin, he will target businesses in Wisconsin, Minnesota, Iowa, and the...
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January 26, 2021, 07:41 AM
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Crestmark announced it provided more than $44.8 million in commercial financing to 60 businesses in the second half of November. Crestmark secured a total of $1,800,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance...
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December 08, 2020, 08:00 AM
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Crestmark announced it provided more than $109 million in commercial financing to 109 businesses in the second half of September. Crestmark secured a total of $15,847,400 in ABL financial solutions for 10 new clients; Crestmark Equipment Finance...
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October 08, 2020, 09:05 AM
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Crestmark secured a total of $6,500,000 in ABL financial solutions for four new clients; Crestmark Equipment Finance provided $524,700 in one new lease transaction; Crestmark Vendor Finance provided $8,165,144 in 96 new lease transactions; and the...
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August 25, 2020, 08:00 AM
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Crestmark announced it provided more than $86.3 million in commercial financing to 22 businesses in the second half of July. Crestmark secured a total of $29,152,900 in ABL financial solutions for seven new clients; Crestmark Equipment Finance...
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August 12, 2020, 08:50 AM
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The Singing Machine Company, Inc. – the North American leader in consumer karaoke products – announced it has executed a tri-party Intercreditor Agreement for a Revolving Line of Credit on eligible accounts receivable and inventory.On June 16, 2020...
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June 18, 2020, 09:04 AM
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Crestmark’s Healthcare Financial Services group announce its first completed funding and the addition of Underwriting Manager Chad Kerr to the team. Since its soft launch in December 2019, the group has reviewed numerous opportunities and closed its...
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May 01, 2020, 09:00 AM
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Crestmark announced it provided more than $41.6 million in commercial financing to 77 businesses in the first half of February. Crestmark secured a total of $6,300,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance...
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February 25, 2020, 08:00 AM
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Crestmark has announced an internal restructure and the launch of two new groups that will increase efficiency and timeliness in providing financing to the marketplace. Crestmark’s Business Credit group will focus on asset-based lines of credit and...
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February 05, 2020, 09:10 AM
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Crestmark secured a total of $1,200,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance provided $2,002,812 in one new lease transaction; Crestmark Vendor Finance provided $7,871,233 in 80 new lease transactions; and the...
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December 20, 2019, 08:45 AM
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Crestmark announced the launch of a division offering medical accounts receivable financing to businesses in the healthcare industry. The newly created division will be led by Ray Zilke, First Vice President, Division Manager. Zilke is based in...
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December 05, 2019, 09:00 AM
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Crestmark announced it provided more than $40.1 million in commercial financing to 92 businesses in the first half of November. Crestmark secured a total of $13,100,000 in ABL financial solutions for seven new clients; Crestmark Equipment Finance...
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November 25, 2019, 08:40 AM
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Crestmark announced John Trendell II has been named a Business Development Officer where he has been serving as Underwriting Manager since 2014. He is based in Troy, MI, and will report to James Farrell, Senior Vice President, Sales Manager. Trendell...
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November 20, 2019, 08:00 AM
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Crestmark secured a total of $5,100,000 in ABL financial solutions for six new clients; Crestmark Equipment Finance provided $4,048,244 in six new lease transactions; Crestmark Vendor Finance provided $8,025,138 in 81 new lease transactions; and the...
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October 22, 2019, 08:40 AM
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Crestmark announced it provided more than $45 million in commercial financing to 65 businesses in the second half of September.Crestmark secured a total of $5,916,667 in ABL financial solutions for five new clients; Crestmark Equipment Finance...
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October 04, 2019, 07:59 AM
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Crestmark announced it provided $23 million in Commercial Financing to 88 businesses in the first half of August. Crestmark secured a total of $850,000 in ABL financial solutions for three new clients; Crestmark Equipment Finance provided $7,328,266...
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August 23, 2019, 08:35 AM
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Crestmark secured a total of $13,300,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance provided $9,412,769 in six new lease transactions; Crestmark Vendor Finance provided $3,414,574 in 34 new lease transactions; the...
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July 18, 2019, 08:40 AM
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Crestmark announced that it provided more than $51 million in commercial financing to 94 businesses in the second half of June. Crestmark secured a total of $4,360,000 in ABL financial solutions for five new clients; Crestmark Equipment Finance...
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July 03, 2019, 08:30 AM
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Crestmark provided more than $14.4 million in commercial financing to 62 businesses in the first half of June 2019.Those transactions included $5.55 million ABL facilities for six new clients; $4,088,323 in 53 new lease transactions from Crestmark...
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June 21, 2019, 08:45 AM
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Crestmark announced the appointment of John Ryan as vice president, senior underwriter for the East Division. Based in Troy, he will report to Senior Vice President, East Division Underwriting Manager John Trendell.Ryan brings more than 30 years of...
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May 15, 2019, 09:10 AM
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Meta Financial Group Inc., the holding company for MetaBank, announced that it completed the previously announced acquisition of Crestmark Bancorp Inc. and its Michigan state-chartered bank subsidiary, Crestmark Bank. Crestmark has provided...
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August 02, 2018, 08:10 AM
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Kelly L. Collins joins Crestmark as vice president, business development officer, for the East Division. Based in North Carolina, Collins is responsible for helping small- and medium-sized businesses in the Carolinas access financing, and for...
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March 07, 2017, 07:02 AM
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Crestmark Chairman and CEO Dave Tull announced that Vice Chairman Barry Essig is retiring in December 2016. In recognition of his outstanding contributions to Crestmark and to the financial services industry, over a long and impressive career...
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December 20, 2016, 07:10 AM
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Crestmark President and COO Mick Goik announced the promotion of Ray Morandell to executive vice president, national sales director. “Crestmark has marked its 20th year of helping small- and medium-sized businesses access the funding they need to...
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December 15, 2016, 07:44 AM
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Mick Goik, president and chief operating officer of Crestmark Bank, announced the promotions of three employees at its corporate headquarters in Troy: Josh Beauvais was promoted to vice president, special assistant to Chief Credit Officer Mark...
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November 29, 2016, 07:40 AM
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Crestmark secured a total of $22.415 million in financial solutions for 12 new clients in the second half of October.
On Oct. 15, a $2.5 million new lease transaction was completed with a communications provider in the West.
A $400,000 ledgered...
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November 03, 2016, 07:21 AM
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Crestmark, celebrating its 20th anniversary, welcomes John D. Gullman, regional first vice president, business development officer, to its East Division. Gullman will represent Crestmark in the Florida market, which he has covered for more than 30...
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November 01, 2016, 07:21 AM
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Crestmark Senior Vice President, National Sales Director Ray Morandell announced the promotion of Steve Hansen to first vice president, Western Division sales manager from regional first vice president, business development officer. Hansen, who...
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September 20, 2016, 07:42 AM
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Bibby Financial Services (BFS) announced the expansion of its executive leadership team with the addition of Todd Ferrara as Executive Vice President, Head of Change & Project Management – North America, Jeff Mitchell as Senior Vice President...
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September 13, 2016, 07:23 AM
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Crestmark Bank, now in its 20th year, has promoted Mike Morandell to assistant vice president, business development officer for the East Division. Morandell, recently based in Troy, Michigan, has relocated to Hermitage, Pennsylvania, and is...
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September 08, 2016, 07:30 AM
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Crestmark Bank announced the promotions of five individuals. At the corporate headquarters in Troy: Teri Haynes, Douglas Kollman and Eric Ball in operations; and Colin Madole in the Joint Ventures Group. In the West Division’s Los Angeles, California...
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August 25, 2016, 07:24 AM
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Crestmark is introducing Fast Track Financing to the marketplace, simplifying the application process, reducing paperwork, and providing 24-hour approval to qualified businesses. Now in its 20th year, Crestmark provides timely, customized financing...
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July 26, 2016, 07:39 AM
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Crestmark secured a total of $4.635 million in financial solutions for 11 new clients in the first half of June. They are:
A $350,000 accounts receivable purchase facility was provided on June 2 to a trucking company in Florida. The financing will...
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June 16, 2016, 07:33 AM
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Crestmark welcomes Scott M. Keusch, vice president, senior account executive for the East Division. Keusch, who joins Crestmark with more than 15 years in finance and banking, including experience in asset-based lending and factoring, is based at the...
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June 15, 2016, 07:53 AM
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Crestmark welcomes Carrie Jenkins, vice president, business development officer, for the West Division. Jenkins joins Crestmark’s growing team in Los Angeles, and will be responsible for providing financial solutions to business clients in the busy...
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May 24, 2016, 07:44 AM
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GMA Funding LLC, a global leader in factoring and alternative commercial finance, announced that the board of directors have selected James Rothman as Chief Executive Officer of GMA Factor and its operating units GMA USA and CoreFund Capital....
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April 28, 2016, 07:45 AM
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Crestmark welcomes Scott Shapiro, regional first vice president, business development officer, for the West Division. Shapiro, who is based in Crestmark’s Los Angeles office, reports to Ray Morandell, senior vice president, national sales manager....
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April 27, 2016, 07:56 AM
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Crestmark President and Chief Operating Officer Mick Goik announced the promotion of Susan Hickey to first vice president, assistant portfolio manager for the company’s Eastern Division. Hickey, who has been with Crestmark since its beginning, is...
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April 12, 2016, 07:42 AM
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Crestmark secured a total of $7.485 million in financial solutions for nine new clients in the second half of March. The transactions include:
A $2.425 million SBA 7(a) term loan facility was provided on March 16 to an independent insurance agency...
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April 06, 2016, 07:26 AM
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Crestmark Bank recently announced the promotions of ten individuals at its corporate offices in Troy: Timothy Pavkovich in credit; Anthony Filice, Bill Nowak and Joel Russell in IT; Colin Madole in the Joint Ventures Group; Stephen Clayton in...
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March 18, 2016, 07:42 AM
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Steven Turkish, Crestmark’s director of Trade Services, announced the promotions of Elena Cardona, Kalli Perez and Lil Ochacher. These promotions reflect the momentum in the Trade Services Division, which supports businesses selling into retail....
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February 10, 2016, 07:45 AM
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Crestmark President and Chief Operating Officer Mick Goik announced promotions at the company’s corporate office in Troy, Michigan. Goik said of the promotions, “Crestmark has a dedicated, experienced staff, and I am pleased to announce the...
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January 21, 2016, 07:51 AM
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Crestmark Chief Executive Officer Mick Goik announced the promotions of Matt Barbuscak, Steve Gross, Larry Pearce and Jack Talkington to executive vice president. All are members of Crestmark’s executive committee, and report to Goik."Crestmark is...
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January 14, 2016, 07:49 AM
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Crestmark secured a total of $20.125 million in financial solutions for 12 new clients in the second half of December. The transactions are:
A $200,000 accounts receivable purchase facility was provided on Dec. 18 to a startup refrigerated carrier...
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January 06, 2016, 06:57 AM
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Crestmark Bank announced that Robert Harbers has been named national sales manager for its Trade Services Division. He had been business development officer for the company’s East Division since joining the company in 2004. In his new role, he...
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December 21, 2015, 07:59 AM
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California Bank of Commerce, a San Francisco Bay Area business bank, announced Amy C. Efland has joined the bank as senior vice president and sales manager for CBC Business Credit in the South Bay.“We are very proud to have Amy join our growing asset...
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November 03, 2015, 07:34 AM
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Crestmark Bank announced Steve Turkish has been promoted to director of the bank’s Trade Services Division. In this role, Turkish will lead and develop talent within the division, and expand Crestmark’s footprint within the consumer products market...
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October 06, 2015, 07:29 AM
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Mick Goik, president and chief operating officer (COO) of Crestmark Bank, recently announced promotions and new staff within the company’s SBA Lending Division. The SBA Lending Division, which recently marked its one-year anniversary, was...
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September 29, 2015, 07:27 AM
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Crestmark announced the addition of Stacy Odendahl as vice president, business development officer for the East Division. Based out of Atlanta, she will assist in expanding Crestmark’s presence and financing opportunities in Georgia and surrounding...
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September 03, 2015, 07:07 AM
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Crestmark announced the addition of Stacy Odendahl as vice president, business development officer for the East Division. Based out of Atlanta, she will assist in expanding Crestmark’s presence and financing opportunities in Georgia and surrounding...
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September 02, 2015, 07:20 AM
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Crestmark secured a total of $12.675MM in financial solutions for 13 new clients in the first half of August. They include:
On August 3rd, a traditional factoring facility was provided to a North Carolina furniture manufacturer. The financing will...
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August 19, 2015, 07:17 AM
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Crestmark announced the return of Michael Bucek to the company’s ranks. Bucek rejoined the company in early July as vice president, business development officer for the Transportation Division. He is based in Tennessee. Bucek reports to Heath...
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July 22, 2015, 08:04 AM
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MidCap Business Credit has appointed Bruce Pavesich to Senior Vice President of its business development team. Pavesich, has spent the last 30 years in asset-based finance and has been in business development roles most recently with Crestmark Bank...
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July 13, 2015, 08:02 AM
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Crestmark announced the promotion of Jack Talkington to Crestmark Chief Financial Officer. In his new role, he will be responsible for overseeing Crestmark’s Accounting department, and Interest Rate Risk Management/Funding and Special Projects areas....
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April 16, 2015, 07:29 AM
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Crestmark announced the addition of Sean Campbell as Vice President, Business Development Officer. Working out of Benton, AK, he will assist in expanding Crestmark’s presence and financing opportunities for the transportation industry. He will report...
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April 08, 2015, 07:23 AM
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Crestmark makes a move to increase financing support for the transportation industry, and proudly welcomes Heath Holdbrooks as Division President. With vast experience in the industry, Crestmark looks to his input to continue to expand the Franklin...
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February 18, 2015, 08:03 AM
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Crestmark announced the addition of Sean Kinsella as Vice President, Business Development. Kinsella will assist in expanding Crestmark’s presence by providing asset-based lending to small to middle-market businesses. He will report to Crestmark...
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October 08, 2014, 07:36 AM
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Crestmark and TIP Capital have announced that they have entered into an agreement for Crestmark to acquire TIP Capital’s equipment leasing and asset management business. The acquisition is scheduled to be completed in late September 2014, pending...
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September 04, 2014, 07:38 AM
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Crestmark announced the addition of Scott Blaeser as Vice President, Business Development. Blaeser will assist in expanding Crestmark’s presence by providing asset-based lending to small to middle-market businesses. He will report to Crestmark West...
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August 20, 2014, 07:13 AM
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Crestmark announced the expansion of their SBA loan products with the creation of a division focused entirely on national SBA finance. Crestmark has been offering SBA loans as a compliment to their core client base of small- to medium-sized...
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May 02, 2014, 07:34 AM
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Crestmark announced the addition of Zachary Martin as Vice President, Business Development. He will assist in expanding Crestmark’s California presence by providing asset-based lending to small to middle-market businesses. He will report to...
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April 23, 2014, 07:21 AM
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Crestmark announced the addition of Robert J. Parks as First Vice President, West Coast Region Sales Manager. He will further support small middle-market businesses throughout the west coast while reporting directly to National Sales Director, Ray...
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April 08, 2014, 07:39 AM
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Crestmark announced that it has hired Mark J. Simshauser who will further support small middle-market businesses throughout the Northeast and New England areas while reporting directly to Midwest Regional Sales Manager, Jim Farrell. Located on Long...
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February 20, 2014, 07:34 AM
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Crestmark announced the addition of Scott C. Doyle as Vice President, Account Executive. He will report through Ray Zilke, First Vice President - Portfolio, and will work as a part of Crestmark’s growing Transportation Division located in Franklin...
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September 05, 2013, 07:17 AM
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Crestmark announced the addition of James G. (Jim) Farrell as First Vice President, Midwest Regional Sales Manager. He reports through Ray Morandell, National Sales Director, and will work as a part of Crestmark’s growing East Division. He will...
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September 04, 2013, 08:21 AM
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In an effort to strengthen and further leverage its services and product offerings in the traditional factoring arena, Crestmark announced that it has created a new division called Crestmark Trade Services. In merging its Florida and New York City...
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August 14, 2013, 08:03 AM
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Crestmark announced the addition of Ali Sanabria as Vice President, Account Executive for the California market. Sanabria reports to Tom Lescher, Regional Executive Vice President, California Region. Sanabria joins Crestmark with over 17 years of...
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June 12, 2013, 07:29 AM
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Crestmark announced the addition of Bruce Pavesich as regional first vice president, business development officer. He reports through Ray Morandell, national sales director, and will work as a part of Crestmark’s growing East Division. He is located...
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April 04, 2013, 07:29 AM
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Crestmark announced the acquisition of certain assets of Ultimate Financial Solutions (UFS). Located in New York City, the factoring and financial services company has been in business for eight years and provides financing to the apparel, footwear...
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February 05, 2013, 07:48 AM
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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...
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January 31, 2013, 07:23 AM
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