franchise opportunities

Papa Murphy’s Franchisee Finds A Believer In Stearns Bank

Joel Meyer didn’t have a lot of believers when he started looking for franchise financing options almost 20 years ago.

» READ MORE

starting a business

9 Steps To Follow When Acquiring A Business

When you’re acquiring a business, everything revolves around planning.

» READ MORE

small business management

6 Ways Seasonal Businesses Can Manage Their Cash Flow

A small business may fail for many reasons – sluggish sales, high start-up costs, tough competition. But the greatest challenge and cause of failure is cash flow.

» READ MORE

starting a business

Mobile Veterinarian Teams Up With Stearns Bank For Equipment Financing

Dr. Kathy Baker (left) and her husband, D..J. (right) started Lucy's Veterinary Care, a mobile veterinary practice, in Atlanta, Georgia in 2018. When starting a small business, flexibility on your equipment loan and repayment terms can help ensure a successful beginning.

» READ MORE

Insider

How To Prepare Your Business For A Natural Disaster

Mother Nature isn’t always kind to small businesses.

» READ MORE

franchise opportunities

5 Ways To Avoid Franchisee Failure

To many prospective small business owners, starting a franchise may be the easiest path to success.

» READ MORE

small business management

6 Signs That You’re Ready To Hire Additional Employees

For small business owners, it’s not always easy to know when the right time to hire new employees might be.

» READ MORE

small business management

8 Financing Terms Every Small Business Owner Should Know

It doesn’t matter if you’ve been a small business owner for decades – or for 30 seconds. Looking for business financing can feel like a daunting and uphill climb.

» READ MORE

Equipment Financing

Technology Trends in Construction

While many industries have jumped into advanced technologies like cloud computing and artificial intelligence, the construction industry has remained on the sidelines.

» READ MORE

SBA Loans

Funding A Business Acquisition And The Small Business Loan Program

The Small Business 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.

» READ MORE