Crestmark secured a total of $11.4 million in financial solutions for seven new clients in the first half of February.

Outlined below are brief summaries of the transactions:

• $350,000 accounts receivable purchase facility to a startup car hauling company in Arkansas for working capital purposes.
• $2.924 million SBA 7(a) term loan facility to a hospitality management group in Connecticut for acquisition and working capital purposes.
• $500,000 accounts receivable purchase facility to an aggregate distributor in Texas for working capital purposes.
• $4.372 million SBA 7(a) term loan facility to a hospitality management group in Florida for acquisition and working capital purposes.
• $500,000 accounts receivable purchase facility to a driver and transportation services company in Nevada for working capital purposes.
• $2.0 million ledgered line of credit facility to a metal stamp manufacturer in Indiana for working capital purposes.
• $750,000 traditional factoring facility to a furniture manufacturer in North Carolina to pay off a previous lender and for working capital purposes.