Crestmark Equipment Finance provided $7.56 million in four new lease transactions; Crestmark Vendor Finance provided $10.79 million in 17 new lease transactions; the Joint Ventures Division provided $1.05 million in financing for one new client in the first half of May and Crestmark secured a total of $7.8 million in ABL financial solutions for 10 new clients;

Crestmark Equipment Finance:

• $2.7 million new lease transaction with an activewear distributor in the midwestern U.S. for operational equipment
• $502,122 new lease transaction with a medical facility in the southwestern U.S. for medical equipment
• $3.4 million new lease transaction with a dairy distributor in the southeastern U.S. for transportation equipment
• $918,825 new lease transaction with a commercial solutions and services provider in the southern U.S. for software

Crestmark Vendor Finance highlights:

• An equipment finance transaction with a towing company in the southeastern U.S. for a vehicle
• An equipment finance transaction with a farm in the southcentral U.S. for farming equipment
• A new equipment finance transaction with a dental center in the northeastern U.S. for dental equipment
• A new equipment finance transaction with a seafood company in the northwestern U.S. for operational equipment

Crestmark’s Joint Ventures Division:

• $1.05 million operating lease transaction to a solar developer in Massachusetts to install a 299 kW-DC solar system in New Jersey, which has a local private school as the offtaker.