Crest Financial
Senior Term Loan Co-Agent
Overview
Crest Financial provides an innovative lease financing product that enables consumers without access to traditional credit to purchase merchandise from a wide variety of retailer partners who offer the Crest Financial product as a service to their customers.
Purpose
Crest Financial, as one of the largest and fastest growing consumer leasing companies in the U.S., had capital needs that exceeded the capabilities of their current lender.
Solution
Crystal Co-Agented a new, larger, senior term loan to support the Company’s continued expansion.
“We are excited about the partnership with Crystal. They were able to structure a customized financing solution that allows us to dramatically accelerate our growth.”
—Bob Millerberg, Chief Executive Officer and Co-Founder of Crest