TSL Express Daily News

Crestmark, the Commercial Finance Division of MetaBank®, N.A., is pleased to announce the appointment of Steve Crain as national account executive, and Jeffrey S. Whitcomb as North American construction lead for the Crestmark Equipment Finance (“CEF”) Group. They will be providing financing solutions for diverse equipment types. Crain is based in Milton Georgia, and reports to CEF Eastern Region Sales Manager, Arick Levine; Whitcomb is based in Huntington Beach California, and reports to CEF Western Region Sales Manager, Chris Emge.

Crain brings extensive expertise within the financial services industry and capital markets, with 30 years of experience as a commercial finance professional. He most recently served as vice president with Prudential Private Capital, where he led the Commercial Asset Finance business development in the eastern U.S., growing earning assets through closing of senior secured transactions with middle market and large corporate business enterprises. Crain’s previous work history includes U.S. Capital Solutions LLC, where he was senior managing director – president; General Electric Capital Corp., where he served as senior vice president; and ORIX Financial Services, Inc., where he was group president of structured finance.

“Steve has an outstanding industry reputation and brings three decades of diverse equipment financing experience to our growing team,” said Levine. “We are glad to add his strengths to our talented team as we focus on continued market growth for 2021.”

Whitcomb is a senior sales executive with a 20-year record of driving multi-million-dollar sales growth while providing sales leadership in highly competitive markets. His experience most recently includes serving as vice president with Mitsubishi UFJ Lease & Finance (USA) where he was responsible for sourcing transactions in the construction and industrial industry segments. Whitcomb’s previous work history includes Sumitomo Mitsui Finance and Leasing Co., where he served as executive director; AMPCNG, where he was executive vice president, director of sales; and People’s Capital and Leasing Corp., where he served as vice president, director of sales. 

“Jeff has 20 years of experience in the equipment finance industry, and he brings with him an impressive segment expertise in the construction and industrial markets,” said Emge. “He has a proven track record of successfully delivering creative solutions to meet customer needs, and we’re excited to have him on board.”

Crain earned both a Bachelor of Science and a Master of Business Administration degree from Florida State University. Whitcomb earned a Bachelor of Science from Bucknell University, and a Master of Business Administration from the Thunderbird School of Global Management at Arizona State University.

Crestmark, a division of MetaBank®, N.A., provides innovative financial solutions for businesses nationwide. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, term loans, factoring, government guaranteed lending, machinery/equipment financing and equipment leasing. Crestmark has extensive experience in helping many industries including transportation, manufacturing, staffing, petrochemical, renewable energy, medical receivables, government contractors, hospitality/hotels, insurance agencies, and technology hardware/software. The Crestmark division is headquartered in Michigan, with additional offices in California, Florida, Louisiana, Tennessee, and representatives nationwide; and a Canadian foreign representative office. www.crestmark.com