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Crestmark Bank acquires Florida-based equipment leasing operation

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Tyler Clifford - Crestmark Bank has acquired an equipment lender based in Florida, the Troy-based bank announced Monday. Allstate Capital LLC leases business, fitness, computer and medical equipment, among others, and provides equipment financing across the nation. The transaction will boost the equipment market share of Crestmark Equipment Finance Inc., the leasing division and wholly owned subsidiary of Crestmark Bank, the news release said. Terms of the deal were not disclosed. A request for comment was not

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