BUSINESS BANKING
BUSINESS IS UNIQUE.
Because every business is unique, we offer several kinds of lending opportunities, cash management accounts, and value-add services. Whether you’re just beginning a new venture or have been in business for years, Platinum Bank is your strategic business partner, ready to assist you with choosing the right products and services for your organization, and a knowledgeable team to assist you with your complete banking needs.
BUSINESS LENDING.
BUSINESS LENDING.
WORKING CAPITAL CREDIT LINES
An easy, practical way to get the funds your business needs. A line of credit can provide working capital to meet short-term obligations and manage your cash flow.
CONSTRUCTION LOANS
Considering building? Call us first. We’ll work with you to develop a practical loan program with flexible options, a fixed or variable rate and no owner-occupancy requirement. We specialize in one-time, construction to permanent loan closings.
SBA LOANS
As a Preferred SBA Lender, Platinum Bank offers you full access to all Small Business Administration loan programs. Call one of our professional business bankers today and find out what SBA lending can do for your business.
SBA loans include 7A, Express, CAPLine, Export Express and Export Working Capital and 504 loans.
REAL ESTATE FINANCE
Looking to own or refinance commercial real estate? Count on us to make the process as painless and rewarding as possible. We offer flexible terms and options customized for you.
Financing is available for both owner occupied and investment properties.
EQUIPMENT FINANCE
Let us help you get the equipment you need to build your business. Lending for new and used equipment, including vehicles and other working assets, is available with terms from three to seven years and fixed or variable interest rates. We also offer convenient repayment options.
LETTERS OF CREDIT
We write all types of Letters of Credit to help meet the specific needs of both benefactors and recipients. A Letter of Credit can help you maximize your cash flow while securing the necessary funds for successful business transactions.
BUSINESS DEPOSIT ACCOUNTS.
BUSINESS DEPOSIT ACCOUNTS.
ESSENTIAL BUSINESS CHECKING
- Minimum opening deposit is $100
- No minimum balance requirement
- 500 included items per month, any additional items will be $.50 each (items are deposits, checks deposited, and withdrawals)
- $5.00 monthly paper statement fee (waived with eStatement)
- Free internet banking
- Available upon approval
- Cash Management Module
- Remote Desktop Deposit
- Mobile Remote Deposit
CLASSIC BUSINESS CHECKING
- Minimum opening deposit is $100
- No minimum balance requirement
- $15 Monthly Account Maintenance Fee
- Additional monthly per item fees apply (items are deposits, checks deposited, and withdrawals)
- $5.00 monthly paper statement fee (waived with eStatement)
- Earnings credit allowance available to offset service charges
- Free internet banking
- Available upon approval
- Cash Management Module
- Remote Desktop Deposit
- Mobile Remote Deposit
NEIGHBORHOOD CHECKING
- Minimum opening deposit is $100
- $1,000 minimum ledger balance to avoid a $10 monthly service charge (waived for local non-profit and civic organizations)
- 250 included items per month, any additional items will be $.50 each (items are deposits, checks deposited, and withdrawals)
- $5.00 monthly paper statement fee (waived with eStatement)
- Free internet banking
- Available upon approval
- Cash Management Module
- Remote Desktop Deposit
- Mobile Remote Deposit
ADVANTAGE BUSINESS CHECKING
- Minimum opening deposit is $100
- $15,000 minimum ledger balance to avoid a $25 monthly service charge
- 500 included items per month, any additional items will be $.50 each (items are deposits, checks deposited, and withdrawals)
- $5.00 monthly paper statement fee (waived with eStatement)
- Variable tiered interest; compounded monthly
- Free internet banking
- Available upon approval
- Cash Management Module
- Remote Desktop Deposit
- Mobile Remote Deposit
