Crestmark Equipment Finance provided $25,043,991 in 21 new large-ticket transactions and $11,837,288 in 93 new small-ticket vendor transactions in the second half of March and the first half of April. In addition, Crestmark secured a total of $56.45 million in asset-based lending and factoring financial solutions for 26 new clients In addition, while Crestmark’s structured finance group provided $8.369 million in financing for two new clients.

Crestmark Equipment Finance’s transactions included:

• $7,837,378 to an oil and gas field services company in the southern United States for construction equipment
• $3,577,738 to a food products provider in the southern United States for capital equipment
• $2,265,092 to a commercial services company in the eastern United States for operational equipment
• A small-ticket vendor equipment finance transaction for a trucking company in the Midwest for transportation equipment
• A small-ticket vendor equipment finance transaction for a window covering company in the western United States for capital equipment
• A small-ticket vendor equipment finance transaction for a transportation company in the Midwest for transportation equipment
• A small-ticket vendor equipment finance transaction for a pharmaceutical company in the southern United States for operational equipment
• A small-ticket vendor equipment finance transaction for a printing company in the southern United States for operational equipment
• A small-ticket vendor equipment finance transaction for a transportation company in the southern United States for transportation equipment
• A small-ticket vendor equipment finance transaction for a medical company in the southern United States for operational equipment
• A small-ticket vendor equipment finance transaction for a container company in the western United States for transportation equipment

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

• A $22.5 million asset-based lending facility to a solid surface wholesale distributor in Pennsylvania
• An $8.5 million asset-based lending facility to an automotive aftermarket supplier in Illinois
• A $7 million asset-based lending facility to a flooring distributor in California
• A $5 million ledgered line of credit facility to a solar battery pack provider in California
• A $3.5 million asset-based lending facility to a furniture manufacturer in Michigan
• A $3 million asset-based lending facility to a solar mounting systems manufacturer in Washington
• A $2 million accounts receivable facility to a freight-all-kinds transportation company in Illinois
• A $2 million accounts receivable facility to a general freight transportation company in Illinois
• A $300,000 accounts receivable facility to a flatbed trucking company in Georgia
• A $200,000 accounts receivable facility to a dry van transport company in Florida
• A $200,000 accounts receivable facility to a power only trucking company in California
• A $150,000 accounts receivable facility to a refrigerated transport company in Minnesota
• A $150,000 accounts receivable facility to a freight-all-kinds trucking company in North Carolina
• A $150,000 accounts receivable facility to a dry van trucking company in Connecticut
• A $150,000 accounts receivable facility to a flatbed trucking company in California
• A $150,000 accounts receivable facility to a power only trucking company in North Carolina
• A $150,000 accounts receivable facility to a refrigerated transportation company in Arizona
• A $150,000 accounts receivable facility to a freight-all-kinds transportation company in Florida
• A $150,000 accounts receivable facility to a flatbed trucking company in Texas
• A $150,000 accounts receivable facility to a freight-all-kinds transportation company in Texas
• A $150,000 accounts receivable facility to a power only trucking company in New Jersey
• A $150,000 accounts receivable facility to a power only trucking company in Texas
• A $150,000 accounts receivable facility to a freight-all-kinds transportation company in Texas
• A $150,000 accounts receivable facility to a waste transport company in Maryland
• A $150,000 accounts receivable facility to a dry van trucking company in New Jersey
• A $150,000 accounts receivable facility to a freight-all-kinds transportation company in Texas

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

• An $8.098 million term loan to an investment advisor in California
• A $271,000 SBA 7(a) loan to an insurance agency in New York