How can We Help You?
Access your account at PFCU 24 hours a day with Home Banking or call us at 1(877) PFCU4YO (732-8496) or at (404) 297-9797. You can also text "PFCU" to 437-83 to opt-in to our text messaging system.

Business

At Platinum Federal Credit Union, our commercial real estate loan experts will handle your loan needs with efficiency and accuracy. Our experienced lenders are located in Georgia, so you can be confident that they know and understand Southeastern real estate market.

Financing on commercial and industrial projects, office buildings, apartment homes, convenience stores, gas stations and retail establishments is available in loan amounts of up to $900,000.

PFCU also partners with Credit Union Business Services (CUBS) a Credit Union Service Organization (CUSO) for increased lending amounts of up to $5,000,000. CUBS expertise is in originating, underwriting, and servicing business loans, commercial mortgage loans, and SBA 504 loans for real estate investors and business owners.

Click here for forms & requirement details. For more information, contact Chief Lending Officer Shaheen Mitha at 404.941.2430 or email her at ShaheenM@PlatinumFCU.org.

*Platinum Federal Credit Union business loan eligibility requires business membership and the establishment of the par value of one share in a business savings account. Business loans also subject to credit approval.

(Currently Offered only in Georgia)

Give your business increased purchasing power with the PFCU's Small Business MasterCard® Credit Card. Appreciate the convenience, security and worldwide acceptance at over 28 million locations.

The PFCU's Business MasterCard Credit Card is accepted everywhere you see the MasterCard symbol. PFCU's MasterCard Credit Card is packed with convenience and offers up to 1% Cash Back on all your Business Purchases. See detailed Business Credit Card Addendum Here!

Apply Now or visit any of our convenient branch locations or call Business Services at (404) 297-9797.

*Platinum Federal Credit Union business loan eligibility requires business membership and the establishment of the par value of one share in a business savings account. Business loans also subject to credit approval.

Account Access
Access your business checking account at PFCU 24 hours a day with Credit Card Online or 1-877-PFCUTEL (732-8835).

Business Credit Card

PFCU Member Business Line of Credit can be used as additional working capital to assist with your day-to-day operations or acquire or upgrade business equipment, or Inventory. A variable-rate line from PFCU can give your business the boost it needs. Let us help your company achieve its goals by choosing Platinum Federal Credit Union as your business services partner.

Loan Features:

  • Competitive interest rates
  • Lines of Credit of up to $50,000
  • No pre-payment penalty
  • No reporting in owner’s credit
  • Interest only charged for the number of days and the amount for which the line is used
  • Borrow as many times as you like and pay it off as soon and as many times as you want

Click here for forms & requirement details.

*Platinum Federal Credit Union business loan eligibility requires business membership and the establishment of the par value of one share in a business savings account. Business loans also subject to credit approval.

Let us help your company achieve its goals by choosing Platinum Federal Credit Union as your business services partner. Use a PFCU Member Business Loan as working capital to assist with your day-to-day operations or acquire or upgrade business equipment, new business, vehicles, or Inventory. A fixed-term loan from PFCU can give your business the boost it needs.

Loan Features:

  • Competitive interest rates
  • Loans up to $100,000
  • No pre-payment penalty
  • No reporting in onwer's credit report

Click here for forms & requirement details.

*Platinum Federal Credit Union business loan eligibility requires business membership and the establishment of the par value of one share in a business savings account. Business loans also subject to credit approval.

Leverage your business savings and get a great rate on a PFCU Share/CD Secured loan/line of credit. Secure your business loan with your PFCU Business or Personal Savings, Money Market or Business Certificate account to:

  • Continue to earn dividends on the account(s) securing your loan during its term
  • Keep your savings intact
  • Possibly expense your loan interest from business income (check with your CPA for details)
  • Get a low rate that's just 3% above the rate of your secured account

Apply Now or visit any of our convenient branch locations or call Business Services at (404) 297-9797 ext. 2430.

*Platinum Federal Credit Union business loan eligibility requires business membership and the establishment of the par value of one share in a business savings account. Business loans also subject to credit approval.

Account Access
Access your business checking account at PFCU 24 hours a day with business online banking or 1-877-PFCUTEL (732-8835).

SMALL BUSINESS ADMINSITRATION (SBA) LOANS

Small Business Administration (SBA) was created by Congress to help small businesses get started, expand and prosper. Today, SBA provides assistance to these companies by guaranteeing a portion of loan amounts and allowing longer terms for qualified borrower. SBA loans can include startups, business expansion, acquisitions, etc.

Platinum Federal Credit Union (PFCU) is an approved Small Business administration (SBA) lender and is dedicated to helping small businesses grow. As an SBA lender, we can help you navigate the SBA borrowing process and determine what makes the most sense for your business.

SBA 7(a) Loan Program

The SBA 7(a) program allows borrowers to obtain long-term, operating capital at a reasonable cost.

Features include:

  • Longer Terms – Up to 25 years on owner occupied commercial real estate and typically 10 years on most uses of proceeds
  • Fully Amortizing – No balloon payment at end of term or annual renewal requirement
  • Low Collateral Coverage Requirement – Potential for lower collateralization
  • Minimal Financial Requirements – Potential for minimal or no financial covenants
  • No Prepayment Penalties – For loans less than 15 years

SBA 504 loan Program

The SBA 504 Loan program provides the benefits of a long term fixed rate and only 10% down payment. This is advantageous for small business who is acquiring or constructing owner occupied real estate.

The 504 program is available to finance land, building, and equipment for businesses occupying the property. The typical 504 loan structure works where a credit union funds 50% of a project in a first mortgage position, SBA funds 40% in a low twenty year fixed rate second mortgage, and the business puts down 10% (a higher down payment is required for businesses in existence for less than 2 years or limited use facilities).

SBA Loan Application

Please click here for the loan application forms and email complete loan application forms and tax returns, interim financial, etc. to sba@platinumfcu.org or fax 678-904-6499. For questions or assistance with SBA Loan Application, please call 404-297-9797 option 3 and our lending staff will be happy to assist you.