Merchants Bank

Bank equipment finance group based in Winona, Minnesota.

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Winona, Minnesota community bank serving Minnesota and Wisconsin for more than 150 years. Its Merchants Bank Equipment Finance division makes equipment loans and leases to businesses across the U.S., usually on equipment worth $50,000 to more than $10 million over two to seven years, in construction, agriculture, vocational vehicles, manufacturing, municipal, material handling and healthcare.

Profile

TypeBank
HeadquartersWinona, Minnesota
Websitewww.merchantsbank.com
Published deal sizeEquipment valued from about $50,000 to over $10 million (Merchants Bank)
CoverageNational
ProductsEquipment loans
SectorsConstruction, Agriculture, Transportation and fleet, Manufacturing and industrial, Government and municipal, Healthcare and medical
Bank lease book$18.9M at Merchants Bank, National Association, #162 of 667 U.S. banks (Q2 2026 Call Report)

Sources: Merchants Bank.

Similar lenders

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First Western Equipment FinanceEden Prairie, MinnesotaBankAgriculture, ConstructionFrom $5,000
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First Commonwealth BankIndiana, PennsylvaniaBankSmall business, Transportation and fleet-

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