Crestmark Equipment Finance provided $18,865,360 in 17 new large-ticket transactions and $7,174,032 in 67 new small-ticket vendor transactions in June. In addition, Crestmark secured a total of $33,772,677 in asset-based lending and factoring financial solutions for 23 new clients and Crestmark’s structured finance group provided $15,689,940 in financing for five new clients.

Crestmark Equipment Finance’s transactions included:

• $6,256,663 to a sanitation products manufacturer in the Southeast for warehousing equipment
• $4,365,295 to an automotive manufacturer in the Southeast for alternative energy equipment
• $3,096,140 to a technologies manufacturer in the Northwest for operational equipment
• A small-ticket vendor finance equipment finance transaction for a logistics company in the western United States for transportation equipment
• A small-ticket vendor finance equipment finance transaction for a waste management company in the eastern United States for capital equipment
• A small-ticket vendor finance equipment finance transaction for a health and wellness company in the Midwest for medical equipment
• A small-ticket vendor finance equipment finance transaction for a transportation company in the southern United States for transportation equipment

Crestmark provided the following working capital, asset-based lending and factoring financial solutions, which will be used for various purposes, such as for working capital and to pay off existing lenders:

• An $18 million asset-based lending facility to an extrusions manufacturer in Michigan
• A $5 million asset-based lending facility to a petroleum products provider in Missouri
• A C$2 million ($1.57 million) and $500,000 ledgered line of credit facility to a transportation company in Ontario
• A $2 million accounts receivable facility to a freight-all-kinds trucking company in Illinois
• A C$1.5 million ($1.17 million) ledgered line of credit facility to an aggregate supplier in Alberta
• A $1.5 million ledgered line of credit facility to a contractor in North Carolina
• A $1 million accounts receivable facility to a wellsite services provider in Texas
• A $500,000 accounts receivable facility to a hospitality staffing company in California
• A $300,000 accounts receivable facility to a freight-all-kinds trucking company in New York
• A $300,000 accounts receivable facility to a flatbed transportation company in Missouri
• A $200,000 accounts receivable facility to a medical hardware supplier in Texas
• A $150,000 accounts receivable facility to a hot shot trucking company in Alabama
• A $150,000 accounts receivable facility to a refrigerated trucking company in Arkansas
• A $150,000 accounts receivable facility to a freight-all-kinds trucking company in Texas
• A $150,000 accounts receivable facility to a refrigerated trucking company in California
• A $150,000 accounts receivable facility to a freight brokerage in Nebraska
• A $150,000 accounts receivable facility to a refrigerated transportation company in Tennessee
• A $150,000 accounts receivable facility to a flatbed trucking company in Georgia
• A $150,000 accounts receivable facility to a freight-all-kinds trucking company in Mississippi
• A $150,000 accounts receivable facility to a freight broker in Kansas
• A $150,000 accounts receivable facility to a flatbed trucking company in Texas
• A $150,000 accounts receivable facility to a freight-all-kinds trucking company in North Carolina
• A $100,000 accounts receivable facility to a dry van trucking company in California

Crestmark provided the following structured finance solutions, which will be used for various purposes, such as for acquisitions and working capital:

• A $7.495 million term loan to an investment advisory firm in Michigan
• A $6.645 million U.S. Department of Agriculture Business and Industry loan to a hospitality company in Ohio
• A $740,000 term loan to an independent insurance agency in Texas
• A $679,940 term loan to a solar developer in California
• A $130,000 Small Business Administration 7(a) loan to an independent insurance agency in Missouri