September 18, 2014 2:09 AM ET

Banks

Company Overview of Crestmark Bank

Company Overview

Crestmark Bank provides working capital solutions and financial services to small- to medium-sized businesses in the United States. The company offers asset-based lending services, including inventory, and machinery and equipment; accounts receivable financing services; and factoring services. Its lending options include business line of credit, term loans, start-up funding, working capital, acquisition funding, expansion financing, and small business loans. The company offers business-to-business financing solutions for expansion/acquisition/growth, restructuring/refinancing, turnarounds, recapitalization, and supplier discounts activities. It serves various industries, such as manufacturin...

5480 Corporate Drive

Suite 350

Troy, MI 48098

United States

Founded in 1996

Phone:

248-641-5100

Fax:

248-641-5101

Key Executives for Crestmark Bank

President and Chief Operating Officer
Executive Vice President and President of West Division
Senior Vice President and Group President of East Region
President of Transportation Services Division
Compensation as of Fiscal Year 2014.

Crestmark Bank Key Developments

Crestmark Bank Establishes Crestmark Office in Downtown Los Angeles; Appoints Tom Lescher as Regional Executive Vice President

Crestmark Bank announced the establishment of a full-service Crestmark office in downtown Los Angeles. The office will support Crestmark California Business Development Officers Amy Efland, out of San Francisco; Randy Haney, out of Northridge; Leslie Johnson, out of Ventura; and Michael Santos, out of San Diego; and will support new prospects and clients in the area. The company announced the addition of Tom Lescher as Regional Executive Vice President; and Chanté Lafall, Operations Manager. Lescher is an experienced asset-based lending and factoring professional with over 20 years of diverse industry experience. He joins Crestmark from Austin Financial Services where he served as Executive Vice President. Prior to that, Lescher worked with several financial organizations in California, including US Bank, Business Alliance Capital, and Fremont Financial. He has proven experience as an innovator who develops efficient processes and strengthens financial performance. Joining Lescher is Chanté Lafall, who also has over 20 years of experience in asset-based lending. Lafall and Lescher previously worked together at Austin Financial Services, where she served as Operations Manager for three years. Prior to that, she worked at Business Alliance Capital where she was instrumental in developing the policies and procedures of the West Coast Division operations.

Crestmark Bancorp, Inc. and Crestmark Bank Appoint Patricia E. Mooradian as a Member of the Board of Directors

Patricia E. Mooradian has been named to the board of directors of Crestmark Bancorp, Inc., and Crestmark Bank. Mooradian joins the five member board effective immediately. Mooradian joined The Henry Ford in 2000 as Chief Operating Officer, and in 2005 assumed her current post as President. Prior to joining The Henry Ford, Mooradian was the Regional Director of Marketing for The Taubman Company. She serves as chair of the Michigan Travel Commission, vice chairman of the Executive Board at Detroit Metro Convention & Visitors Bureau (DMCVB), vice chair of The Henry Ford Learning Institute, founder and executive board member of the Cultural Alliance of Southeast Michigan. She also sits on the board for Henry Ford Hospital & Health Network, and the Detroit Regional Chamber of Commerce, and is a member of the University of Michigan-Dearborn Citizens Advisory Council.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 3, 2014
Technology Investment Partners, LLC
 

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