Crestmark Equipment Finance provided $17.38 million in eight new lease transactions; Crestmark Vendor Finance provided $8.46 million 71 new lease transactions; the Government Guaranteed Lending Division provided $5.4 million in financing for two new clients and Crestmark secured a total of $3.95 million ABL financial solutions for four new clients in the second half of April.

Crestmark Equipment Finance:

• $4.99 million new lease transaction with a solar energy systems services provider in the western U.S. for office equipment
• $840,401 new lease transaction with a chemical manufacturer in the southern U.S. for IT equipment
• $1.787 million new lease transaction with an airline company in the southeastern U.S. for operational equipment
• $4.82 million new lease transaction with a metallurgical mining company in the southeastern U.S. for construction equipment
• $801,000 new lease transaction with an equipment rental company in the southeastern U.S. for construction equipment
• $517,154 new lease transaction with a healthcare foundation in the midwestern U.S. for medical equipment
• $1.16 million new lease transaction with an oil & gas industry services provider in the southern U.S. for capital equipment
• $2.56 million new lease transaction with an internet provider in the western U.S. for networking equipment

Crestmark Vendor Finance funded $8.5 million in 71 new lease transactions in the second half of April. Some highlights include:

• An equipment finance transaction with a dermatologist in the northeastern U.S. for laser equipment
• A lease transaction with a rental company in the southeastern U.S. for capital equipment
• A new lease transaction with an imaging center in the southwestern U.S. for medical equipment
• A new equipment finance transaction with a private transportation company in the southeastern U.S. for a vehicle

The Government Guaranteed Lending Division:

• $638,700 SBA 7(a) term loan facility to an independent insurance agency in Texas for acquisition and for working capital purposes.
• $4.785 million term loan facility to a wealth advisory firm in Maryland on Apr. 30. For acquisition and for working capital purposes.

Crestmark’s Asset-Based Lending Divisions:

• $150,000 accounts receivable purchase facility to a dry freight trucking company in Georgia for working capital purposes
• $150,000 accounts receivable purchase facility to a dry van transport company in California for working capital purposes
• $3.5 million accounts receivable purchase facility to a services-provider to natural gas producers in Texas to pay off an existing lender and for working capital purposes
• $150,000 accounts receivable purchase facility to a freight all kind transport company in California for working capital purposes