Crestmark secured a total of $16.78 million in financial solutions for 11 new clients in the first half of April.

Outlined below are brief descriptions of the transactions:

• $3.1 million new lease transaction with a child care provider in the midwestern U.S. for security equipment
• $6.0 million new lease transaction with a telecommunications provider in the western U.S. for technology equipment
• $350,000 A/R purchase facility to a trucking company in Tennessee for working capital purposes
• $250,000 traditional factoring facility to a men’s footwear and apparel company in North Carolina for working capital purposes
• $750,000 traditional factoring facility to a distributor of men’s apparel in New York to pay off an existing lender and for working capital purposes
• $500,000 A/R purchase facility to a service provider for the oil and gas industry in Ohio. The financing will be used for working capital purposes.
• $250,000 A/R purchase facility to a trucking company in California for working capital purposes
• $100,000 A/R purchase facility to a trucking company in Alabama for working capital purposes
• $400,000 A/R purchase facility to a trucking company in Missouri for working capital purposes
• $5.0 million ledgered line of credit facility to a manufacturer of cosmetics and pharmaceutical products in New Jersey to pay off an existing lender and for working capital purposes
• $80,000 A/R purchase facility to a trucking company in Illinois for working capital purposes