Crestmark announced the closing of four lease transactions totalling $5.9MM in the second half of April. The transactions closed include:
- A $1,300,000 new lease transaction was completed on April 20 with a publishing company in the eastern U.S. The financing will be used for technology equipment.
- A $2,300,000 new lease transaction was completed on April 20 with a Fortune 500 electronics company in the midwestern U.S. The financing will be used for technology equipment.
- On April 21, a $1,800,000 new lease transaction was completed with an apparel company in the northeastern U.S. The financing will be used for furniture, fixtures, and equipment (FF&E).
- A $500,000 new lease transaction was completed on April 24 with a Fortune 1000 technology company in the midwestern U.S. The financing will be used for technology equipment.