Stearns Bank specializes in USDA loans nationwide with a 40-year history
We have an in-depth knowledge of the USDA loan program, and pride ourselves on delivering quality efficient service to borrowers across the nation. Stearns Bank is committed to providing an opportunity for stability, growth, expansion and rural employment to new or existing businesses in communities of 50,000 people or less.
- Loans up to $20 million or more
- Specializing in USDA Business and Industry (B&I) and Rural Energy for America loans
- Proficient in a variety of industries and project types
- Longer repayment terms – up to 30 years
- Equity agreements as low as 10%
- Loan uses: business and industrial projects, installations and construction of renewable energy systems, refinancing, construction, modernization, expansion, or purchase of equipment/machinery/supplies
Our experienced USDA lending team will walk you through the process. We get the job done!