Washington Trust’s Commercial & Industrial Lending Group has provided $805,000 in permanent financing to Washington County Turf Farms, Inc. in South Kingstown, R.I. Washington County Turf Farms, a 100-acre farm in South Kingstown, R.I., has been providing stripping, grading and complete sod installations for both commercial and residential properties since 1970.
“Washington County Turf Farms has a proven record of thriving despite the difficult economy,” said Joseph J. MarcAurele, Washington Trust Chairman, President, and Chief Executive Officer. “Their business is a true Rhode Island business success story.”
Washington Trust’s Commercial & Industrial Lending Group offers working capital, acquisition, and equipment financing as well as owner occupied real estate financing. The Group also offers a full-range of cash management products and services. For more information, contact John W. Kennedy, vice president, Commercial Lending, toll-free at 800-475-2265 x1680 or directly at 401-348-1680.