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Build your business, literally.
If you’re a business looking to build or renovate a commercial property, or a professional builder or developer who needs financing for your next development project, BankFive can help. If you're a Massachusetts or Rhode Island business owner with a vision, our expert commercial lenders can help you find the right financing solution for your next venture.
Lending options to help make your blueprints a reality:
- Commercial Real Estate Construction Loans - Finance land acquisition and new commercial construction, or renovate or rehabilitate existing commercial properties.
- Acquisition and Development Loans (A&D Loans) - Purchase the residential or commercial land you need for your development project, and construct on-site improvements.
- Builder Financing - Get the funds you need to construct residential subdivisions, office parks, shopping centers, and more.
- Industry-Specific Loans
- SBA Loans
- Express5 Business Loans
- Business Line of Credit
- Commercial Mortgages
- Commercial Construction Loans
- Equipment Loans
- Business Energy Loans
- Business Investments
COMMERCIAL SOLAR LOANS
Let your business capitalize on the financial and environmental benefits of solar energy.
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Other Business Solutions
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Equipment Loans
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Cash Management
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Business Lines of Credit
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Business Checking
Jan 12
Best neighboorhood bankFriendly competent and helpful people, along with good banking services that work well for my business, snd for my self and family. Bank Five is tops,
NE sailor
Dec 29
Joe Borges and Drive Through tellers are always…Drive Through tellers are always amazing and pleasant .Service inside perfect as well.Joe Borges . Always available to help with any baking question
George
Nov 30
The personal care and attention from…The personal care and attention from the account reps is unmatched. They are a true partnership with my businesses and would not be as successful without them.
Joseph Moss
Nov 16
I own a small business and I have to…I own a small business and I have to say Nikki macedo is an amazing and dedicated manager, always communicates with me on my needs and very trustworthy, all the employees there are great and respectful.
Robert Machado
Dec 09
Excellent customer serviceThe bank staff definately made me feel that customer service is their priority. After speaking with one staff member, the manager, who overheard part of the conversation, approached me with further information regarding banking options. I was so impressed with their customer service, that I have decided to transfer my business banking acct from BofA to Bank 5.
Angela
Aug 25
Small business ownerThe people at this branch are very nice. They are the only branch I will go to because it feels like family. Pete
Peter
Jun 03
Bank Five has the nicest people to help…Bank Five has the nicest people to help with the borrowing process.. Recently we closed on a loan through Bank Five. As self employed people borrowing is always a complicated process, but they guided us through to a very smooth transaction. We definitely chose the right lender and would highly recommend .
Nina Fulton Tolken
May 13
This is the bank for all your personal… AmazingThis is the bank for all your personal and business needs. I love Bank 5, and the staff are friendly, professional and amazing
Michael
Apr 12
If you are looking for not just a bank…If you are looking for not just a bank but people who understand and will be there to advise and help, personal, business or residential loans, you CANNOT Find a better way
Eric
Mar 10
The Bank 5 team is the bestThe Bank 5 team is the best, they made a possible difficult process easy and efficient, I will not go anywhere else!
James
Feb 23
Being the owner of a small businessBeing the owner of a small business, service and timelyness is essential when conducting daily business. I got both and more on six different occasions, over the past three years. I would recommend any small business owner to give the people at BankFive a call.
Peter L.
Nov 24
We love themWe love them. As a business, they have cared for us and treated us so well. I have recommended them to friends and other business’s.They are five stars to us!
Daniel
May 20
We use this bank for much of our…We use this bank for much of our business needs. They are a full service bank with services from commercial and residential mortgage loans to business loans.
Mark
Feb 05
Finally a bank that works with you and…Finally a bank that works with you and appreciates good clients with specific needs. Bank-5 has the best banking staff that I ever dealt with within my 35 years in business. They are just simply awesome people to work with. Bank-5 should be an example of how all banks should treat their clients.
Jose Fragata
Sep 04
I have been with Bank5 for over 25…I have been with Bank5 for over 25 years along with my contractor business,this bank is locally owned and operated, which I like,and keeps up to modern trends. Such things as convenient atms locations, on line banking and many other free services. Keep up the great work!!
Thomas Laflamme
Mar 12
Best service I have ever hadBest service I have ever had. All staff members are fully educated on their roll/department and provides top notch service. I have dealt with different banks and Bank5 sets the standards. Brittany Schmidt is our main contact for a business loan and she is professional, thorough, informative, organized, always available when you need and very comfortable to talk with. Stephanie DeSousa set up my new business account. With Brittany present so that we were all on the same page, we met in person. She explained all I needed to know and some about the accounts and because of this, I feel comfortable knowing she set me up for accounts that best fits my needs. "What a TEAM you have." My wife and I are lucky to find you and look forward to a very long relationship. P.S. we recommend Bank 5 to everyone. We thank you and your team for such great service.
Joao Brito
Jan 29
Bank Five is in my opinion the finest…Bank Five is in my opinion the finest bank around. My small business certainly wouldn’t exist if not for them. I will never do business with any other bank especially Webster Bank.
Andrew
Jun 21
Luke in the commercial loan department…Luke in the commercial loan department I feel did an excellent job at trying to help me obtain a commercial loan. He spent a good amount of time going through everything for me. I'm very pleased and would recommend Bank Five.
William
Oct 25
Great bank to work withGreat bank to work with. I switched to BankFive years ago after a frustrating experience with Bank of America. In addition to being a Preferred SBA lender, they sponsor the Bristol-Warren Art Night Series and are active in their local community.
James
Mar 30
A great bank with amazing service.We opened an account for our non-profit organization here because of their close location to us, and we haven't regretted it. All of the staff has been very courteous and helpful. We look forward to many more years of banking with them.
Faith
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I am an expert in the field of business and finance, with a deep understanding of commercial banking, business loans, and financial services. My expertise is demonstrated through a comprehensive knowledge of the concepts and practices involved in commercial real estate construction loans, acquisition and development loans, builder financing, SBA loans, business lines of credit, commercial mortgages, equipment loans, and other business solutions. I have a thorough understanding of the importance of community banks and their impact on small businesses, as well as the significance of new federal reporting requirements for small businesses.
Commercial Real Estate Construction Loans
Commercial real estate construction loans are designed to finance land acquisition and new commercial construction, as well as to renovate or rehabilitate existing commercial properties. These loans provide the necessary funding to turn blueprints into reality for businesses and developers. [[1]]
Acquisition and Development Loans (A&D Loans)
Acquisition and development loans (A&D loans) are specifically tailored to facilitate the purchase of residential or commercial land for development projects, along with the construction of on-site improvements. This type of financing is crucial for builders and developers looking to bring their visions to life. [[1]]
Builder Financing
Builder financing is essential for obtaining the funds needed to construct residential subdivisions, office parks, shopping centers, and other commercial properties. This type of financing supports the growth and development of various construction projects. [[1]]
Industry-Specific Loans
In addition to general business loans, there are industry-specific loans available to cater to the unique needs of businesses in specific sectors. These loans are tailored to address the specific requirements of different industries, providing targeted financial support. [[1]]
SBA Loans
SBA loans are a vital resource for small businesses, offering government-backed financing options to support their growth and development. These loans are often sought after by entrepreneurs and small business owners due to their favorable terms and conditions. [[1]]
Business Lines of Credit
Business lines of credit provide businesses with flexible access to funds, allowing them to manage their cash flow and meet various financial needs as they arise. This type of financing is crucial for maintaining liquidity and managing day-to-day operations. [[1]]
Commercial Mortgages
Commercial mortgages are used to finance the purchase of commercial properties, providing businesses with the means to acquire real estate assets for their operations. These mortgages play a significant role in the expansion and stability of businesses. [[1]]
Equipment Loans
Equipment loans are designed to facilitate the acquisition of essential equipment and machinery for businesses. These loans enable businesses to invest in the tools and resources necessary for their operations, supporting their productivity and growth. [[1]]
Business Energy Loans
Business energy loans are aimed at helping businesses capitalize on the financial and environmental benefits of renewable energy sources, such as solar energy. These loans support businesses in adopting sustainable and cost-effective energy solutions. [[1]]
Community Banks and Small Businesses
Community banks play a crucial role in supporting small businesses, providing friendly, competent, and helpful banking services that cater to the specific needs of business owners and entrepreneurs. The personal care and attention from account representatives at community banks are highly valued, fostering a true partnership with businesses and contributing to their success. Community banks are recognized for their exceptional customer service and their ability to understand and advise small business owners. They are also known for their active involvement in the local community and their support for small businesses through various financial services. [[1]]
New Federal Reporting Requirements for Small Businesses
Small businesses are facing new federal reporting requirements due to the Corporate Transparency Act, which went into effect on January 1, 2024. This act has significant implications for many small businesses, and it is essential for business owners to understand these changes and how to comply with the new law. The act aims to enhance transparency and reporting standards for small businesses, impacting their operations and reporting obligations. [[1]]
In summary, my expertise encompasses a wide range of topics related to commercial banking, business loans, and financial services, including commercial real estate construction loans, acquisition and development loans, SBA loans, business lines of credit, community banks, and the impact of new federal reporting requirements on small businesses.