Crestmark announced the appointment of Mark Collins as Business Development Officer for Crestmark’s Business Credit group. Based in South Carolina, he will report to Senior Vice President, Business Credit Sales Manager James Farrell, and will provide asset-based lending, factoring and other Crestmark products to businesses nationwide.

Collins brings more than 20 years of commercial finance experience to Crestmark. He most recently served as Senior Vice President, Business Development Officer with Rosenthal & Rosenthal, Inc., where he was responsible for managing the new client process; including initial screening, proposal negotiation, and formal underwriting and approval. Previous work history includes Wells Fargo Capital Finance Commercial Services, where he was Vice President, Business Development Officer; and The CIT Group Business Credit, Inc., where he served as Vice President, Business Development Officer.

“Mark is a great addition to our team. He has solid experience developing a market, and an impressive record of helping businesses access the right financing solution,” said Farrell.

“As we look to continue to assist businesses in an ever-changing landscape, Mark will be key to create engagement and assistance,” said Steve Tomasello, Group President, Crestmark Business Credit group.

Collins earned a bachelor’s degree in business administration from Winona State University in Minnesota.