Westerly, Rhode Island... Washington Trust's Commercial & Industrial Lending Group has provided working capital financing to Infusion Resource, LLC of East Providence, R.I. Founded in Rhode Island by experienced healthcare professionals, Infusion Resource is southern New England's leading provider of outpatient infusion therapy services.
"Infusion Resource's continued focus on innovation, quality and collaboration has earned them designation as the leader in their market area," said Joseph J. MarcAurele, Washington Trust President and Chief Operating Officer.
"Washington Trust's financing will help us to expand our infusion therapy services in southeastern New England," stated Bernie Lambrese, founder and CEO of Infusion Resource.
Infusion Resource collaborates with physicians and the pharmaceutical/biotechnology industry to conduct phase II - IV clinical drug trials in a patient friendly environment managed by experienced research coordinators. Infusion Resource has developed a state-of-the-art facility and employs the most skilled clinicians to improve clinical outcomes for patients and reduce healthcare costs. Infusion Resource will provide service to patients in the most clinically appropriate, cost effective setting, including the patient's home; the Infusion Resource Ambulatory Infusion Suite; or independent, assisted or skilled nursing facility.
For more information, contact Joseph M. Confessore, vice president, Commercial Lending, toll-free at 800-475-2265 or directly at 401-348-1439.
Founded in 1800, Washington Trust is one of New England's premier financial services companies, providing commercial banking, personal banking, mortgage banking and wealth management services to individuals and institutions throughout the region. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services to borrowers throughout the Northeast. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ Global Select, symbol: WASH). Web site address: www.washtrust.com.