Daily News: October 8, 2014

Crestmark Hires Kinsella as VP/BDO

Crestmark announced the addition of Sean Kinsella as VP, BDO. He will assist in expanding Crestmark’s presence by providing ABL to small to middle market businesses. He will report to Crestmark Midwest region sales manager, James Farrell. Working out of a St. Louis, MO, office, he will be part of Crestmark’s expanding and growing Midwest region.

Previously, Kinsella worked with Summit Financial Resources as VP, Business Development, where he provided ABL to businesses in Missouri, Kansas, Illinois, Indiana and Kentucky. Prior to that, he worked in business development and in loan officer roles for The Commercial Finance Group, Jefferson Bank and Trust, Commercial DirectBayview Financial and US Bancorp.

“Sean has a proven history as a high performer with the ability to create relationships,” said Farrell. “We are excited to have him join the Crestmark team. Sean is further evidence of Crestmark’s commitment as a national working capital provider using a local approach to doing business. We welcome Sean and look forward to accessing his skill in providing leveraged funding solutions to the lower middle market.”

“Sean’s addition and the territory that he covers are in line with Crestmark’s strategy to expand to new markets. In the last 18 months, we have expanded our Sales presence to the Mid-Atlantic, Northeast and the Intermountain Regions with experienced and quality representatives,” said Ray Morandell, SVP, national sales manager.