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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.

Does Your Lender Offer Custom Payment Solutions?

Does Your Lender Offer Custom Payment Solutions?

Posted by: Stearns Bank on Aug 25, 2023

Does your equipment lender offer customized financing solutions tailored to your business needs? Learn how flexible payments optimize cash flow.

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7 Industries That Can Benefit From Equipment Financing

7 Industries That Can Benefit From Equipment Financing

Posted by: Stearns Bank on Jul 18, 2023

Unlock growth and stay ahead of competitors with Stearns Bank's equipment financing. Learn how 7 industries can benefit from our tailored solutions.

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Funding A Business Acquisition And The Small Business Loan Program

Funding A Business Acquisition And The Small Business Loan Program

Posted by: Stearns Bank on May 31, 2023

The SBA Loan program can be beneficial for buyers who are interested in acquiring businesses that do not have sufficient tangible assets to meet the collateral requirements of traditional bank financing.

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Financing Terms Every Small Business Owner Should Know

Financing Terms Every Small Business Owner Should Know

Posted by: Stearns Bank on May 22, 2023

Discover the top financing terms every small business owner should know, from SBA loans to business lines of credit.

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The 5 Questions You Should Ask Yourself Before Financing Equipment

The 5 Questions You Should Ask Yourself Before Financing Equipment

Posted by: Stearns Bank on May 08, 2023

Looking for equipment financing? Consider these important questions before signing an agreement.

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Five Benefits Of Having Multiple Business Bank Accounts

Five Benefits Of Having Multiple Business Bank Accounts

Posted by: Stearns Bank on Oct 26, 2022

Having multiple business bank accounts helps keep you organized, secure, and sets you up for future financial success.

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What You Need To Know Before Financing Used Equipment

What You Need To Know Before Financing Used Equipment

Posted by: Stearns Bank on Dec 16, 2021

There are important factors you should research before purchasing used equipment. Financing used equipment is made easy with the right financing source.

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Pandemic Doesn’t Slow Down Eye Care Practice's Approach To Expansion

Pandemic Doesn’t Slow Down Eye Care Practice's Approach To Expansion

Posted by: Stearns Bank on Mar 26, 2021

Bettner Vision in Colorado Springs, Colorado, used a PPP loan to stay on track with expansion plans despite being closed during the COVID-19 pandemic.

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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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