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Crestmark closed three lease transactions totalling $6.9 million in the second half of October.
- A $2,200,000 new lease transaction was completed with a medical supply company in the western U.S. on Oct. 19. The financing will be used for software.
- On Oct. 20, a $1,100,000 new lease transaction was completed with a defense contractor in the midwestern U.S. The financing will be used for assembly line equipment.
- On Oct. 23, a $3,600,000 new lease transaction was completed with a lumber company in the western U.S. The financing will be used for machine tools.