Crestmark Creates New SBA Division, Adds Key Hires

Crestmark Bank announced the creation of a division focused on national SBA finance and the addition of three expert bankers as part of its expansion of SBA loan products. Crestmark has offered SBA loans to small- and medium-sized businesses for many years and this new division will further enhance their SBA capabilities by providing clients with creative capital solutions while maintaining high-quality service.

Crestmark named three talented and experienced bankers to join this new division: Jack Crestmark-BankTalkington, Senior Vice President; Christopher R. Soupal, Vice President, National Sales Director; and David Maiuri, Vice President, Director of Underwriting and Account Services.

Talkington has been with Crestmark since 2008 and he will oversee the new SBA division. He has extensive experience as a business leader and was a founding partner in Commercial Capital Lending. He headed several Crestmark national growth initiatives from concept to completion. Soupal has more than 17 years of diverse experience including origination, underwriting and management for loan products. He will be responsible for development of the SBA product portfolio. Meantime, Maiuri joined Crestmark in 2008 and served several credit/risk management positions.

Crestmark Bank President Mick Goik is excited to have a smart and motivated team. He said, “I can’t say enough about how Jack’s expertise has been an invaluable asset to our organization; Dave has proven himself to be an astute and hard worker, and Christopher’s unique experience, knowledge and high-energy personality will be perfect to lead this venture into the market nationwide.”

About Crestmark Bank
Crestmark Bank is a business-to-business lender specializing in providing working capital solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, factoring and machinery/equipment financing. It is headquartered in Michigan, and operates branch sites in California, Florida, Louisiana, Tennessee, New York, and Illinois. Additional information is found at the website: www.crestmark.com.

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