Crestmark Delivers $13.6MM in ABL/Factoring Solutions in November
Crestmark, the commercial finance division of MetaBank, secured a total of $13.6 million in asset-based lending and factoring financial solutions for 23 new clients in November.
Crestmark, the commercial finance division of MetaBank, secured a total of $13.6 million in asset-based lending and factoring financial solutions for 23 new clients in November.
Crestmark, the commercial finance division of MetaBank, secured a total of $46.9 million in asset-based lending/factoring financial solutions for 16 new clients in the first half of August.
Crestmark provided more than $81.5 million in commercial financing to 82 businesses in the second half of June. The asset-based lending and factoring financial solutions are to be used for various purposes such as working capital and to pay off an existing lender.
Crestmark, the commercial finance division of MetaBank, secured a total of $53.3 million in asset-based lending and factoring financial solutions for 17 new clients in the first half of June.
MetaBank promoted Christopher Soupal to commercial finance division president. Soupal has more than 20 years of finance and capital management experience. He will lead all aspects of commercial finance for MetaBank, including the Crestmark and AFS/IBEX divisions.
Crestmark provided more than $29 million in commercial financing transactions to 126 businesses in the first half of June, including more than $5 million in term loans by the company’s government guaranteed lending group.