Daily News: April 16, 2013

Crestmark Closes $58MM in First Quarter

Crestmark announced that it closed 46 new client relationships with $58 million in facilities delivered in 18 states across the U.S. and Canada during the first quarter of 2013. Two of the highlighted transactions consisted of:

  • a $6 million facility to a California provider of redemption prizes; and
  • a $750,000 facility to an oil and gas well services provider in Texas.