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Platinum Bank

Listed
Bank for term loans and business lines of creditOakdale, MinnesotaBased in Minnesota; service area not yet provided
BBLL 001085Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Platinum Bank provides Midwest businesses with equipment, property and construction finance, operating lines and SBA loans. Its SBA Preferred Lender team lists acquisition, fixed-asset and seasonal-credit structures.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Term loansBusiness lines of creditEquipment financingCommercial real estate loansWorking capital loansBusiness acquisition loans
From the lender's own site and public records.

A second look at Platinum Bank

Platinum Bank provides Midwest businesses with equipment, property and construction finance, operating lines and SBA loans. Its SBA Preferred Lender team lists acquisition, fixed-asset and seasonal-credit structures.

Direct bank lender; official sources identify Platinum Bank.

Published by Levr, not by Platinum Bank. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Business lending

Equipment
New/used equipment and vehicle loans have fixed or variable rates and published terms of three to seven years.
Property and operating credit
Commercial property loans serve owner-occupied and investment assets; working capital lines address short-term obligations.
SBA
The current SBA page lists 7(a), 504 and Express, covering acquisitions, property, equipment, inventory and working capital.

Provider sources: Official business lending · Official SBA lending

When it may fit

Our assessment of the published programs

  • Businesses in the bank service area seeking the documented operating or asset-finance programs.

What to weigh carefully

  • The current product page and older CRA document publish different equipment term ranges; this profile follows the current product page and terms require a quote.

Questions before you accept an offer

  1. Which documented facility best fits my use of funds and repayment cash flow?
  2. What collateral, guarantees, covenants and financial reporting are required?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

BMO Bank

BMO Bank offers another Midwest business-credit comparison.

First Western Bank & Trust

First Western Bank & Trust provides a separate regional and equipment-finance comparison.

The lender

Type
Bank
Legal name
Platinum Bank
Founded
2007
Charter
Not yet provided Add it
Headquarters
Oakdale, Minnesota
Service area
Based in Minnesota; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
platinumbankmn.com
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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