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Small Business Matters

The Stearns Bank Small Business blog has you covered from relevant industry topics to guidance on big business banking decisions. Read our latest articles that might give you the advice you’ve been looking for to help your small business succeed.

5 Reasons To Separate Your Savings Accounts

5 Reasons To Separate Your Savings Accounts

Posted by: Stearns Bank on Feb 25, 2021

It’s important to separate your personal and business savings accounts. But recognizing the right time isn’t easy. These 5 reasons might help you act.

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USDA Rural Development Loans – How To Apply & Qualify

USDA Rural Development Loans – How To Apply & Qualify

Posted by: Stearns Bank on Feb 22, 2021

Find out how to apply for USDA Rural Development Loans and what program might be right for you, including the Business & Industry Loan Guarantee Program.

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USDA Rural Development Loan: Right Financing Fit for Your Project?

USDA Rural Development Loan: Right Financing Fit for Your Project?

Posted by: Stearns Bank on Feb 15, 2021

Find out more about USDA rural development Business and Industry loans, which have become a more viable option for business owners in smaller communities.

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Insured Deposits Are Safe Bet for Corporate Treasury

Insured Deposits Are Safe Bet for Corporate Treasury

Posted by: Stearns Bank on Jan 29, 2021

An ICS or CDARS account is a sound decision for managing high-balance corporate funds. They provide full protection of FDIC insurance beyond the statutory limit of $250,000 per bank.

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Succession Planning In Turbulent Times

Succession Planning In Turbulent Times

Posted by: Stearns Bank on Jan 22, 2021

Business succession planning can be difficult in times of economic uncertainty. Here are tips for creating a clear and effective plan for your business.

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Prepping Business Owners For 2021 Tax Season

Prepping Business Owners For 2021 Tax Season

Posted by: Stearns Bank on Jan 14, 2021

This isn't your normal tax year for small business owners. There are changes you can educate yourself on before talking with a tax professional.

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How To Avoid Online Shopping Scams During The Holiday Season

How To Avoid Online Shopping Scams During The Holiday Season

Posted by: Stearns Bank on Dec 21, 2020

Julia Johnson, a research specialist for the ACFE, breaks down what scams the public should look out for while shopping this holiday season.

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Non-Contact Medical Equipment Expanding Care For Practices

Non-Contact Medical Equipment Expanding Care For Practices

Posted by: Stearns Bank on Dec 17, 2020

The pandemic has forced medical practices to get creative, including turning to non-contact equipment that allows them to still care for their patients.

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Aging Gracefully – Avoiding Equipment Obsolescence

Aging Gracefully – Avoiding Equipment Obsolescence

Posted by: Stearns Bank on Dec 07, 2020

No matter the business, avoiding equipment obsolescence is not easy. One solution is to investigate the viability of equipment financing.

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Fraud Prevention Program Implemented At Stearns Bank

Fraud Prevention Program Implemented At Stearns Bank

Posted by: Stearns Bank on Nov 27, 2020

The ‘Raise Your Hand’ program is aimed at helping Stearns Bank employees better identify fraud, and, to help prevent it from happening to its customers.

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