Crestmark named Iain Michie vice president, debtor credit manager. Michie will work out of the Troy, MI office.

Prior to Crestmark, Michie was a credit manager at Texas-based Marquette Commercial Finance. With over 45 years in the financial industry, Michie has held many positions including collector, analyst, portfolio manager, CEO and president. He has previously worked at United Factors, Manufacturers Hanover, Heller and Main Factors.

“Iain’s experience and knowledge are unparalleled and he will be a tremendous asset to our team,” said Jack R. Roper, group president. “I enjoyed working with him in the past, and am glad to have him as a part of the Crestmark family.”