TIP Capital, a Crestmark Bank Company Employee Directory
Financial ServicesMichigan, United States11-50 Employees
TIP Capital, a Crestmark Bank Company, operates in the financial services sector with a focus on sale, lease financing and remarketing of technology, telecommunications, and medical technology equipment, as well as providing business finance solutions to end-user customers and business partners. Founded in January 1999 by former senior executives of AT&T Capital Corporation, the firm originates lease transactions directly or through vendor programs, conducts remarketing of equipment, and acquires portfolios of existing leases. It is based in Bloomfield Hills, Michigan, and maintains a small- to mid-sized workforce serving technology-oriented markets. In September 2014 Crestmark acquired TIP Capital’s equipment leasing and asset management business. The division now operates as Crestmark Equipment Finance, Inc., a Crestmark Bank Company, but during a transition period it continued to operate under the TIP Capital name from its existing locations. To support its activities, TIP Capital invested in technology platforms and IT infrastructure, including a 2012 upgrade that deployed a private cloud hosted at a Boston-area datacenter to improve performance, scalability and availability.