Daily News: March 30, 2012

Crestmark Moves West Palm Beach Office

Crestmark’s East Region headquarters, located in West Palm Beach, FL will be moving its location on March 30, 2012. The office will be moving to 1500 Gateway Boulevard, Suite 250, Boynton Beach, FL 33426. The relocation provides space for recent growth, and will allow for planned expansion of the region.

The office has quadrupled in size in the last three years, expanding its product offerings to include ledgered asset-based lending, revolving lines of credit managed with borrowing base certificates, and most recently equipment term loans. This is in addition to the recourse and non-recourse factoring it has provided for numerous years.

“With the growth our region has accomplished in the last three years, it was clear the time had come for us to find larger office accommodations,” said Jim Rothman, group president of Crestmark’s East Region. “We’re excited about our new location, and our strengthened ability to bring customized financial solutions to the core industries we serve. And the fact that our move south brings us closer to the entire South Florida lending community and client base will be a real asset.”

Crestmark is a provider of financial solutions for small- to medium-sized businesses.