Crestmark hired Scott Bain as national account executive for Crestmark Equipment Finance. Bain will work with companies nationwide to provide equipment financing and leasing solutions. Based in Los Angeles, Bain will report to Scott Grady, CEF division president.

In the industry for more than 21 years, Bain joins CEF from Summit Funding Group where he was senior regional sales manager responsible for securing and managing lease contracts. Previously, he held similar roles for CG Commercial Leasing and Celtic Leasing.

Scott Grady, president of Crestmark Equipment Finance, said, “Scott has been a proven performer in the equipment leasing industry, and Crestmark is pleased to add him to our great team. CEF has again been named one of the top commercial leasing companies in the U.S. and, with Scott’s contributions, we look forward to continued growth.”

In October 2014, Crestmark acquired TIP Capital to expand its commercial equipment lease/financing program and is now Crestmark Equipment Finance, a division of the bank.