Equipment FinanceVendor Programs

Providing your customers with an equipment finance program is one of the best sales tools a dealer can have. We assist you in developing an effective strategy to move your equipment out the door.

Low Down Payments. Get your customer into equipment with little or no money down. Low down payments allow your customer to use the equipment and generate income before any payment is due. Example: Zero down, first payment in 90 days

Interest Buy Downs. Offer a low rate to your customers. Manufacturer or dealer participation is necessary to offer attractive rates. Example: 0% for 12 months, 2.9% for 24 months, 4.9% for 36 months

Seasonal & Delayed Payments. Seasonal payments align with busy times and slow times in your business cycle. Delayed payments allow customers to ramp up production before payments are due. Learn more about delayed payments and other innovative payment structures with our custom payment solutions infographic.

Dealer Incentives. Our incentives can increase your fee income.

Payment Reduction Plan. Once your client becomes a customer of ours, they are eligible for our payment reduction plan designed to help with monthly cash flow. We work to lower monthly payments, or set them up with seasonal payments.

Stearns Bank customer map

Stearns Bank: National Presence, Hometown Service

Stearns Bank serves customers across the country with SBA loans, equipment financing and commercial banking services. See our interactive map to review the range of industries we cover and regions we serve.

View our customer map

Vendor Support

  • We work with you to provide promotional finance programs, tradeshow specials, online promotions and advertising campaigns to help you sell more equipment. 
  • Attend conferences and tradeshows with you to get applications approved on site
  • Application decision notifications in a few hours
  • Same-day funding

Benefits to your customer:

  • Fast turn-around time; we work with a sense of urgency
  • Flexible programs & payment schedule to fit any budget
  • Personal contact all the time
  • Backup support
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Equipment Finance FAQ

Online Calculators

Use our online calculators to estimate your payments and financing costs, at various interest rates and terms. Then, contact a Stearns Bank representative to start the financing process.