Crestmark secured a total of $7.485 million in financial solutions for nine new clients in the second half of March. Outlined below are brief descriptions of the transactions:

• $2.425 million SBA 7(a) term loan facility to an independent insurance agency in California
• A funds-as-collected traditional factoring facility for a men’s apparel importer in California
• $1.5 million asset-based line of credit facility to a manufacturer of masonry veneer products in California
• $250,000 traditional factoring facility to an apparel wholesaler in Florida
• $100,000 accounts receivable purchase facility to a startup trucking company in Tennessee
• $300,000 accounts receivable purchase facility to a trucking company in Texas
• $1 million ledgered line of credit facility to a manufacturer of medical devices in Colorado
• $1.15 million ledgered line of credit and term loan facility to a machinery and tooling manufacturer in Michigan
• $760,000 SBA 7(a) term loan facility to an independent insurance agency in Washington