Commercial Lending, General

Washington Trust Provides Commercial Financing to Strategic Marketing & Promotions in Pearl River, NY

February 10, 2016

February 10, 2016

Westerly, RI – The Washington Trust Company recently provided commercial financing to Strategic Marketing & Promotions, Inc., a full service marketing company headquartered in Pearl River, NY.

Founded in 2002, Strategic Marketing and Promotions, Inc. (SMP) is a full-service provider of point-of-purchase/point-of-sale displays, warehousing, project management, graphic design, and printing for manufacturers and the retail industry. With more than one million square-feet of manufacturing facilities in the U.S., Canada and China, SMP’s clients include Gillette, Kmart, Toys R Us, CVS, Walmart, Walgreens, Hasbro, Target, Coca-Cola and others.

“We are thrilled to support Strategic Marketing & Promotions as the Company continues to invest in the manufacturing industry here in Rhode Island,” said Joseph M. Confessore, Senior Vice President & Team Leader, Washington Trust Commercial Banking Group.

Washington Trust’s commercial banking group offers a full line of commercial, industrial and real estate lending and cash management services to leading companies, real estate developers, not-for-profits and municipalities throughout the Northeast. For more information, contact either Joe Confessore at 401-348-1439 or Luba V. Stolyarova, Vice President, Commercial Banking, at 401-348-1223.

Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ OMX®: WASH). Additional information on Washington Trust and its subsidiaries can be found at