Skip to main content

COVID-19 Updates - Important information regarding branch & service availability, remote banking options, resources for financial hardship, and more: Click Here

UMassFive has been approved to be a lender of the SBA's Payroll Protection Program (PPP) as a part of the recently passed 2020 CARES Act, and will be eligible to process PPP loans through the SBA's loan delivery system as soon as this system is made available to us. Please email our Commercial Services Division for additional information.

Farm Share Loan

/sites/default/files/images/hero/full/iStock-519004770.jpg

Enjoy great local produce while building your credit!

 

Hero Image Full

Here at UMassFive, we’re a big fan of eating local, and making the freshest produce accessible to everyone that wants it.

That’s why we’ve developed a special interest-free loan that allows you the ability to finance an individual share at any local CSA (Community Supported Agriculture) farm over a six month term.

There’s no hidden cost to you or to the farmers, just the fresh produce you want every week without the burden of paying for it all up front. Without any interest, it’s an easy way to keep your credit score healthy too!

If you’re not familiar with any nearby farms, check out CISA’s online guide to local food and farms at buylocalfood.org.

Farm Share Loan Rates

Product Annual Percentage Rate Max Term Limit
Farm Share Loan 0.0% 6 Months $200-$800

Payment example: 0.00% for 6 months equals $116.67 per $700 borrowed.

Ready to start eating local?

/sites/default/files/styles/background_image/public/images/cta/iStock-519004770.jpg?h=2ff566dd&itok=GGPDK0Rq