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Home Deal Announcements

Cambridge Savings Bank Provides $1MM Equipment LOC to Allen & Gerritsen

byIan Koplin
February 23, 2023
in Deal Announcements

Cambridge Savings Bank is supporting Allen & Gerritsen (A&G) in its effort to reimagine its work environment with a $1 million equipment line of credit. Allen & Gerritsen is an independent agency specializing in communications, customer experience, public relations and media and analytics. The firm currently has locations in Boston and Philadelphia.

After 10 years in Boston’s Seaport District, A&G is relocating its office to the city’s Financial District, while also transitioning its second office to a new space in Philadelphia. The line of credit provided by CSB will fund equipment, furniture and design engineering purchases for both new offices.

“We work with clients who want to do better, be better and show up in ways that make lives better,” Andrew Graff, CEO of A&G, said. “It is refreshing to work with a partner like CSB that fully supports our mission statement and offers us the financial tools we need to continue growing and thriving.  Rob and his team took a can-do approach, identifying the right funding to support A&G’s ‘Great Reimagination.’”

“Over the past three years, the way in which corporate employees work, and where they work, has changed,” Rob Kershaw, senior vice president and corporate banking team lead at CSB, said. “It’s powerful to see a company like Allen & Gerritsen reimagine the workplace to align with its employees’ needs. CSB was eager to structure an appropriate financing package in service of helping this visionary company cultivate a space that will inspire further creativity.”

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