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Cambridge Savings Bank Closes $7.2MM Deal with Premier Fence

September 29, 2020, 09:00 AM
Filed Under: Construction

Cambridge Savings Bank (CSB) announced the closing of a $7,200,000 deal with Premier Fence, LLC. Premier Fence, LLC a fence contractor, based in Canton, MA, specializes in design, fabrication, and installation of residential and commercial fences.

The financing provided by CSB allowed Premier Fence to refinance their existing equipment and real estate while providing working capital in support of growth experienced by the company.

“With Cambridge Savings Bank, we were treated as being more than a just a number in a formula,” said Brian Albert, Senior Controller, Premier Fence, LLC. “Working with Brendan (Brendan Kennedy) and the entire CSB Team, we knew that we had a true partner— who understood our business, and could provide us with enough working Capital to realize the growth that we knew that we were capable of achieving.”

“Cambridge Savings Bank took the time to understand our Financing needs and jumped through hoops in order to meet every challenge that we faced and implement a seamless transition,” said John Feerick, Founder & President, Premier Fence, LLC. “We look forward to working with the CSB team for many years to come.”

“We’re excited to partner with Premier Fence and proud to have executed on a customized financing solution that will support the company and its growth initiatives,” said Brendan Kennedy, VP, Corporate Banking at Cambridge Savings Bank. “We are proud when our relationship centric approach to business shows through and allows us to win business with great companies like Premier. We look forward to a very productive partnership.”

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