Crestmark secured a total of $18.46 million in financial solutions for 10 new clients in the first half of September. Below are brief descriptions of the transactions:

• $3.9 million new lease transaction with a property management firm in the Western U.S. for capital equipment
• $355,000 SBA 7(a) term loan facility to an independent insurance agency in South Carolina for acquisition purposes
• $2.6 million new lease transaction with a telecommunications provider in the Eastern U.S. for technology equipment
• $3.75 million asset-based line of credit facility to a manufacturing parts distributor in Ohio to pay off an existing lender and for working capital purposes
• $300,000 A/R purchase facility to a trucking company in Calgary, Canada to pay off an existing lender and for working capital purposes
• $2.05 million SBA 7(a) term loan facility to a swim school franchise in Michigan for working capital purposes
• $1.25 million traditional factoring facility to a furniture manufacturer in Virginia for working capital purposes
• $250,000 A/R purchase facility to a startup trucking company in Virginia for working capital purposes
• $3.8 million new lease transaction with a transportation company in the Southwestern U.S. for trailers
• $200,000 A/R purchase facility to a trucking company in Louisiana to pay off an existing lender and for working capital purposes