Square 1 Bank, a division of Pacific Western Bank, provided a $3 million credit facility to new client, Contactually. Proceeds from the facility will be used to support overall company growth.

Washington, DC-based Contactually is a web-based CRM platform.

“We’re thankful for the company’s success to date, and believe we’re just at the start of achieving a massive vision. I’m happy to have Kay Parry and Elizabeth Orsinger from Square 1 on as partners,” said Zvi Band, CEO of Contactually.

Kay Parry, SVP in Square 1’s Mid-Atlantic technology practice, said, “The success of Contactually’s simple, user-friendly product offering is evident by the company’s ability to drive demand and track recurring revenue growth. They’ve made impressive strides over the last 12 months alone–from raising capital to bolstering the overall team. We’re excited to assist in the company’s expansion and represent such a great DC-based tech company.”