National ATMsMagnifi Financial for Businesses
Starting out or building up, it's our business to make yours easier.
Big Plans? Magnifi them.
At Magnifi Financial, what matters to our members, matters to us. Yes, it’s about good rates and low fees, but it’s more than that. It’s the personal connection we have with members and our community. It’s about our service and solutions that help you reach your goals.
TOP-RANKING COMMERCIAL LENDER
Magnifi Financial is proud to manage one of the largest commercial loan portfolios for credit unions in the U.S. We are ranked in the top 20 of commercial lending credit unions in the nation.
Here For You
We take our mission of serving the needs of all businesses seriously and offer unique, specialized services like a dedicated commercial services team, an exclusive hotline, and a commercial-only teller window.
Flexible Solutions
Business members also have access to a sophisticated collection of digital and cash management services that rival even the largest national institutions. It’s like having a commercial bank housed inside the credit union!
Award-Winning Banking
Our members have chosen us for multiple awards and various "Best Of" rankings. Not only has Magnifi Financial been voted within the top of our category once, but for many years running.
Additionally, Rising Above Enterprises recognizes Magnifi Financial as one of the top 1% of credit unions nationwide for its exceptional performance.
Top Commercial Lender
Magnifi Financial is ranked in the top 20 commercial-lending credit unions in the nation and is proud to manage one of the largest commercial loan portfolios for credit unions in the U.S.
Preferred SBA Lender
Magnifi Financial is the only Minnesota-based credit union with SBA Preferred Lender status and has been designated as the MN Credit Union of the year 8 times since 2015.
Top Agricultural Lender
Magnifi Financial is the largest agricultural lending credit union in Minnesota, one of the largest federally insured ag-lending credit unions in the U.S., and is a Farm Service Agency (FSA) Preferred Lender.
Accounts, loans and solutions specific to your industry.
Magnifi has deep experience across many industries in the commercial environment.
Business Member Satisfaction
Loyal members, lasting relationships; our personalized approach keeps businesses coming back.
Custom Service
No cookie-cutter plans, just custom strategies tailored to every stage of your business.
Comprehensive Knowledge
Our experts average 15+ years with Magnifi, offering industry insight, experience, and collaboration you can count on.
Here For You
We show up when it matters — anytime, anywhere, even in emergencies.
Commercial Loans
The credit union’s commercial lending team specializes in delivering great service and expertise to businesses across a wide range of industries. Additionally, Magnifi buys and sells commercial loan participations with select institutions across the country. This allows us to serve businesses with larger financing needs.
Our commercial lending offerings include:
- Operating lines of credit
- Commercial Real Estate loans
- Equipment loans
- Inventory and working capital loans
SBA Loans
A dedicated department handles all SBA-guaranteed loans to optimize the member experience. As an SBA Preferred Lender, we can turn requests around quickly with our delegated loan authority. Our extensive SBA knowledge plus the caring team will help set your business up for success.
Loans are available within the following SBA programs:
- 7(A) Program
- SBA Express Program
- 504 Loan Program
- Talk to us about additional options!
Agricultural Loans
As a Farm Service Agency (FSA) Preferred Lender, Magnifi has access to quicker turnaround times for applications and fewer documentation requirements. Additionally, we collaborate with secondary agencies to assist with financing farming operations, allowing us to obtain the best solutions to meet the agribusiness’s needs.
Our experienced lending team can help farmers reach their goals by providing extensive knowledge in a variety of operations including:
- Dairy
- Crop Production
- Livestock
- Agribusiness
- Contract Finishing (beef cattle, hogs, and poultry)
Deposit Services
Magnifi offers three different business checking accounts with various features and perks to fit any business’s unique needs. In addition to checking accounts, we offer Money Market Accounts specialized for businesses. Our experienced team recommends the best solutions for a business and assists with the account setup and management.
Learn MoreBusiness Credit Card
Our Business Visa® cashRewards credit card offers cash back on all purchases plus a competitive interest rate. Keep up with inventory, pay for office expenses, or other costs associated with running your business on a daily basis.
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Digital Banking
for complete cash management.
Magnifi offers a comprehensive range of electronic and cash management services tailored for both small and large businesses.
To help companies manage their daily financial activities efficiently from the office, these time-saving tools are available through our cutting-edge, secure digital banking and mobile app platforms. This allows businesses to authorize multiple users with different levels of access and approval.
- AI-powered fraud prevention
- Remote Deposit Capture
- ACH Payroll Deposits & Billing
- Wire Transfers
- Advanced Fraud Management with Positive Pay
- Merchant Services
- Sweep Accounts
Membership means more here.
At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.
