Stearns Bank has the resources and expertise to finance commercial real estate projects and tax credits of all sizes. We partner with financial service companies and regional banks across the country to provide loans for all types of projects nationwide. We provide a win-win solution with each lending opportunity, serving a wide range of industries.
Commercial Real Estate. In-house underwriting and local approval gets you a quick turnaround to get your project completed on time. Typical loan size: $500,000 up to $7 million.
Construction Loans. We save you time and money by eliminating any duplicate third party reports, most fees that are not pass-through fees are negotiated, and our internal construction finance department prepares the loan documents. Typical loan size: $1 million to $15 million.
We have also developed a proficient and professional construction process specifically designed for nationwide permanent lenders. If you’re interested in our permanent construction loan partnership, call for more details
Operating Lines of Credit. Extra funds for your business’ seasonal needs, emergencies, or other short-term commercial financing needs. Call for more details.