Agriculture

Stearns Bank Named Best Ag Lender

Stearns Bank was recognized as "Best Ag Lender" in the 2021 Minnesota's Best reader poll by the StarTribune newspaper. According to the Gold Award citation: "Farming and agribusiness are at the heart of Stearns Bank. Its reputation has been built by helping farmers finance their growing operations. Services include FSA Loans, USDA Rural Development, and equipment financing."

Equipment Financing

Replacing old machinery and modernizing your equipment can boost efficiency and income. When you finance with Stearns Bank, our personal service and fast response gets you up and running quickly.

Custom payment options are available that align with your cash flow. So you can conserve cash when needed, and defer payments for flush times.

Talk to us today about your equipment financing needs. When you call Stearns Bank, you will never reach a recorded voicemail. We answer on the first ring.

FSA Loans

Keeping agribusiness strong and sustainable

New buildings, land acquisition, major equipment purchases... If growth and development are in your plans, a Farm Service Agency (FSA) loan can provide funding to bring your ideas to life. We’ll lead you through the loan process, submit paperwork, anticipate potential issues and resolve them early, so your loan can close on time.

USDA Rural Development

USDA Business and Industry (B&I) and Rural Energy for America loans fund rural development, enabling small communities to drive economic growth and create jobs. We have led complex financing projects in agribusiness, manufacturing and renewable energy. Talk to our team to explore opportunities.

Agricultural SBA Loans

For a major expansion, acquisition or equipment upgrade, consider an SBA loan. Stearns Bank is an SBA Preferred Lender, experienced with family farms, agribusiness concerns and rural small business. Our ag industry experience and dedicated personal service will make you confident about your loan closing and future steps.

BusinessSmart checking and market savings from Stearns Bank

Banking That Pays

Checking and savings accounts

Reach your business checking and savings goals faster with simple, smart and rewarding BusinessSmart™ accounts. Earn interest and cash back with the convenience of online and mobile banking.

Is Used Equipment Right For You?

Used equipment can be a cost-effective option, enabling you to preserve capital and trim payments. Before closing the deal, talk with an ag financing expert at Stearns Bank. Unlike other banks, we know farm equipment and we understand how it supports your operation. We can finance used equipment with any dealer you've chosen to work with.

See our blog: Used Equipment Offers Advantages For Diligent Buyers