Crestmark announced it secured a total of $3.75 million in financial solutions for three new clients in the first two weeks of June.
The transactions are outlined below:
- $1.5 million traditional factoring facility was provided to a California manufacturer and distributor of women’s footwear.
- $1.5 million accounts receivable purchase facility was provided to a staffing company located in Georgia.
- $0.75 million traditional factoring facility was provided to Florida distributor of consumer products.