Crestmark secured a total of $1.45 million in financial solutions for 5 new clients in the first half of August.

Outlined below are brief descriptions of the transactions:

• A $200,000 accounts receivable purchase facility was provided to trucking company hauling general freight and refrigerated freight in Michigan to pay off previous lender and working capital purposes.
• A $250,000 accounts receivable purchase facility was provided on August 21st to a freight broker in Tennessee for working capital purposes.
• A $600,000 accounts receivable purchase facility was provided to a trucking company specializing in hauling dairy, meat, produce and refrigerated packaging in Wisconsin to buy out a company and for working capital purposes.
• A $150,000 accounts receivable purchase facility was provided to a trucking company in California for working capital purposes.
• A $250,000 accounts receivable purchase facility was provided to a freight broker in Michigan for working capital purposes.