Crest Financial Services LLC

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Crest Financial Services LLC - overview

Established

2001

Location

Draper, UT, US

Primary Industry

Financial Services

About

Crest Financial Services LLC offers innovative financing solutions, enabling consumers to access high-ticket items through flexible payment plans. The company specializes in consumer finance, catering to various demographics across the US and select international markets. Founded in 2001 and headquartered in Draper, US, Crest Financial provides consumer financing options, allowing customers to purchase essential goods. The company has completed one deal as of December 22, 2015.


Bob Millerberg currently serves as the CEO. Brock H, the founder, has a history in financial services, although details on prior ventures are not available. Crest Financial specializes in consumer finance solutions, offering flexible payment plans to help customers acquire necessary products without upfront payments. Their services support various sectors, including electronics, furniture, and automotive, catering to a wide demographic across the United States and countries like Canada and Mexico.


Crest Financial generates revenue through consumer financing agreements, facilitating transactions between customers and partnered retailers. Customers enter installment plans for manageable monthly payments, enhancing retailer sales while providing accessible payment solutions. Specific pricing structures for their services are not disclosed; however, their flagship financing programs are tailored to meet diverse client needs. Crest Financial plans to expand its product offerings and geographic reach in the coming years.


There are initiatives for new financing products aimed at better serving customer needs. The company is also considering market entry into additional regions within North America. The recent funding will be utilized to support these growth initiatives.


Primary Industry

Financial Services

Sub Industries

Equipment Rental & Leasing, Consumer Finance, Dermatology

Website

www.crestfinancial.com

Total Amount Raised

Subscriber access only

Crest Financial Services LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedCrest Financial Services LLC-

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