Crestmark secured a total of $7.680 million in financial solutions for 20 new clients in the first half of March. Below are the transaction highlights:

  • $440,000 new lease transaction was completed with a tier 1 automotive company in the midwestern U.S.
  • $100,000 accounts receivable purchase facility to a trucking company in Georgia working capital
  • $350,000 new lease transaction with a financial services firm in the northeastern U.S.
  • $100,000 accounts receivable purchase facility to a trucking company in North Carolina for working capital
  • $125,000 accounts receivable purchase facility to a trucking company in Texas to pay off an existing lender and for working capital
  • $400,000 accounts receivable purchase facility to a startup freight brokerage in California for working capital
  • $100,000 accounts receivable purchase facility to a trucking company in Washington for working capital
  • $750,000 new lease transaction with a Fortune 500 company in the Midwestern U.S.
  • $100,000 accounts receivable purchase facility to a trucking company in Georgia for working capital
  • $2.5 million ledgered line of credit facility to a manufacturer of outdoor apparel in Rhode Island for working capital
  • $100,000 accounts receivable purchase facility to a trucking company in Florida working capital
  • $750,000 ledgered line of credit facility to a staffing company in Michigan used for working capital
  • $100,000 accounts receivable purchase facility to a startup trucking company in Florida for working capital
  • $250,000 accounts receivable purchase facility to a startup trucking company in Texas for working capital
  • $250,000 traditional factoring facility to a manufacturer of men’s apparel in New York for working capital
  • $500,000 ledgered line of credit facility to an engineering firm in Texas to pay off an existing lender and for working capital
  • $125,000 accounts receivable purchase facility to a startup trucking company in Georgia for working capital
  • $450,000 accounts receivable purchase facility to a startup trucking company in Illinois for working capital
  • $100,000 accounts receivable purchase facility to a startup trucking company in Louisiana for working capital
  • $100,000 accounts receivable purchase facility to a startup trucking company in Arizona for working capital purposes