Crestmark Closes More Than $22MM in Transactions During H1/July

Crestmark secured a total of $22.03 million in financial solutions for 15 new clients in the first half of July, including:

• $200,000 accounts receivable purchase facility to a trucking company in Colorado for working capital purposes

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• $100,000 accounts receivable purchase facility to a trucking company in Connecticut to pay off an existing lender and for working capital purposes

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• $1.219 million new lease transaction with an information management solutions company in the Northeastern U.S. for capital equipment

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• $150,000 accounts receivable purchase facility to a trucking company in Kentucky for working capital purposes

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• $8.5 million term loan facility wto a solar developer in Texas to pay off an existing lender

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• $150,000 SBA 7(a) term loan facility to a commercial landscaping company in California to pay off an existing lender and for working capital purposes

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• $200,000 accounts receivable purchase facility to a trucking company in Utah for working capital purposes

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• $2.623 million term loan facility to an independent wealth management firm in South Carolina to pay off an existing lender

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• $750,000 ledgered line of credit facility to a trucking company in New York for working capital purposes

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• $835,000 term loan facility to an independent wealth management firm in Virginia to pay off an existing lender

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• $4 million accounts receivable purchase facility to a trucking company in Georgia to pay off an existing lender and for working capital purposes.

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• $2 million ledgered line of credit facility to a staffing and consulting company in Pennsylvania to pay off an existing lender and for working capital purposes

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• $526,482 new lease transaction with a supply chain solutions provider in the Southeastern U.S. for capital equipment

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• $675,000 term loan facility to an independent wealth management firm in Montana to pay off an existing lender

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• $100,000 accounts receivable purchase facility to a trucking company in California for working capital purposes

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