Dear Platinum Bank Family,

We are entering the fourth month of the COVID-19 pandemic, which has had profound effects on our businesses, our employees, and our families. At Platinum, we have worked hard over the last few months to help our clients submit PPP applications and plan for a future that none of us could have anticipated.

If the pandemic has taught us one thing, it is that proactively working together is the way through our current collective challenge. Sticking our heads in the sand won’t address the obstacles the pandemic has placed before us. At Platinum Bank, it has always been our mission to be a strategic business partner for our clients, helping them plan for the future and find solutions to their business challenges. These last few months have undeniably given us the opportunity to refine this part of our mission.

No one planned to be closed or operate at a reduced capacity this year. If your current plan does not account for this new reality, it is time to create a new plan. There are seven months left in 2020… what is your plan to maximize them?

The good news is you do not have to formulate a plan on your own. Your Platinum advisors are ready to help you devise a plan that is tailored to your unique business. Whether you need to strategize how to keep your business alive through the next year, secure working capital, or grow your business through acquisition, our bankers are prepared to help you. And, if you need expertise outside of commercial banking, we can recommend professionals to add to your trusted advisor team.

Now more than ever, it is important to have a strong relationship with your banker.  If your current bank or banker is not a partner and an advisor for you and your business, please reach out to us.  We would love to start a conversation with you and to learn how we can be of service to you and your business.   

Be Well and Stay Safe,

Pete Odell

Senior Vice President, Commercial Relationship Manager