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Commercial Loanpending

town_of_smithfield_resolution_for_property_acquisi.pdf

Washington Trust Considers $3M Loan for Smithfield

Up to $3,000,000Town of SmithfieldWASHINGTON TRUSTApril 29, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Washington Trust is considering a commercial loan of up to $3,000,000 for Town of Smithfield for property acquisition, with a 2-year term and a fixed interest rate determined at the time of closing.

Contract Details

Contract Amount

Up to $3,000,000

Vendor

WASHINGTON TRUST

Agency

Town of Smithfield, RI

Contract Type

Commercial Loan

Document Date

April 29, 2025

Contract Term

2 years

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