Crestmark Recognized as One of the Top Equipment Leasing Companies in the U.S.
The Monitor recognized Crestmark in its annual rankings of the top 100 equipment leasing and finance companies in the U.S.
Now in its 29th year, the Monitor 100 ranked Crestmark Equipment Finance at No. 69 in net assets, up from No. 70 the previous year. Crestmark also finished No. 65 in new business volume, up from No. 68 the previous year. According to the Monitor 100, Crestmark Equipment Finance’s net assets grew by 15.1% from 2018 to 2019 and new business volume grew by 45.9%.
“We are honored to be named among the top 100 equipment leasing and finance companies,” Tom Rutherford, group president of Crestmark Equipment Finance, said. “2019 was a nice growth year for us, and surprisingly 2020 is not far off the pace, a real testament to our team. Despite the market challenges and quickly adapting to working from home, we’ve been able to continue to help our customers with their equipment financing needs seamlessly.”