BUSINESS | Recent Financings
You have the business opportunity.
We have the cash.
Washington Trust is actively lending to businesses throughout New England to help them seize opportunities and gain a competitive edge, as we have done for 209 years. Take advantage of our multi-million dollar commercial lending capabilities, local decision-making, and personalized service. For more information, call us at 401-348-1200 or 401-331-5090, or visit your local branch or click here to contact us.
Recent Financings
Commercial Lending
Commercial Real Estate
$21 million
as lead senior lender in an asset-based revolver for a Rhode Island-based telecommunications company
$15 million
in senior secured working capital, equipment, and mortgage financing for the acquisition of a Connecticut-based manufacturing company
$12 million
to construct a partially owner-occupied 200,000 square foot manufacturing flex-space building and provide working capital to three related manufacturers in Rhode Island and Connecticut
$8.2 million
in mini-perm mortgage financing for a New England/New York regional retailer
$8 million
for the redevelopment of an office building located in Warwick, Rhode Island
$7 million
in financing to facilitate the management-led buyout of a local restaurant
$6.8 million
term and revolver financing for a Rhode Island/Massachusetts fuel oil distributor
$4.5 million
revolver financing for a New England emergency vehicle dealer
$4 million
in financing for the construction of a 40,000 square foot owner-occupied manufacturing building and working capital financing for a Rhode Island-based manufacturer with international needs
$1.8 million
revolver financing for a Rhode Island fuel oil distributor

$12,000,000
in financing for the acquisition of two office/R&D buildings totaling $143,000 square feet in Boxborough, Mass.
$12,000,000
construction and mini-permanent financing to construct a 986-unit self-storage facility in Brighton, Mass., through a Washington Trust-sourced participation loan
$10,750,000
refinancing and tenant improvement funds for 66,175 square feet of retail and office space in Newton, Mass., through a Washington Trust-sourced participation loan
$7,000,000
for refinancing a 124-room Candlewood Suites in Syracuse, N.Y.
$7,000,000
to refinance a mixed-use retail/office property on Newbury Street in Boston, Mass.
$6,480,000
in financing for the acquisition and tenant improvements to a technology center located in Wallingford, Conn.
$850,000
commercial mortgage for the purpose of constructing a commercial structure in East Lyme, Conn., to be leased to Starbucks Corporation
