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Business Acquisitions

Are you considering the purchase or acquisition of a business? Or are you looking to purchase an existing franchise location? Your intent may be expanding geographic reach, adding a product line, or strengthening your competitive position. Either way, it’s an exciting prospect and a significant investment. We’ll help minimize last-minute surprises as we bring our experience to the table for you.

 

Business acquisition financing from Stearns Bank

Approaching Loan Origination With Creativity and Urgency

The Stearns Bank SBA lending team will help you explore options for financing your business acquisition. We take a proactive and creative approach to each deal. Our innovative approaches to loan origination have created a strong culture of customer service. Not all SBA lenders make it a priority to originate loans with a sense of urgency – but we do.

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The Stearns Bank Difference

  • Check markFast financing
  • Check markHighly experienced lending team
  • Check markNationwide lending
  • Check markEasy-to-access decision makers
  • Check markFlexibility to re-approve changing budgets
  • Check markAbbreviated underwriting
Mount Lemmon General Store and Gift Shop

Mount Lemmon General Store and Gift Shop

Grey and Teri Carpenter
Mount Lemmon, AZ

To acquire the store, the Carpenters needed an SBA loan. After being referred from their broker to Stearns Bank, things really started to take shape.

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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.

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Business Acquisition Financing Team

Get in touch with Steve Domine
Steve Domine
President Minnesota Community Banking/Senior VP National Lending
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Get in touch with Tom Ethen
Tom Ethen
VP/Director of SBA Lending
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Get in touch with Tom Hosier
Tom Hosier
VP/Arizona Market Manager
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Get in touch with Derrick Meyer
Derrick Meyer
VP/Albany Branch Manager
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Get in touch with David Feriancek
David Feriancek
VP/Commercial Lender
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Get in touch with Al Schulz
Al Schulz
VP/Commercial Lender
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Get in touch with Douglas D'Aigle
Douglas D'Aigle
Market President/Commercial Lender
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Get in touch with Orlando Lam
Orlando Lam
SBA Commercial Lender
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Get in touch with Alex Wolter
Alex Wolter
SBA Commercial Lender
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Get in touch with Joshua Borgerding
Joshua Borgerding
SBA Commercial Lender
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Get in touch with Dylan Braun
Dylan Braun
AVP/SBA Lending Supervisor
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Get in touch with Eric Cook
Eric Cook
VP/Commercial Lender
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Get in touch with Jeremy Goltz
Jeremy Goltz
AVP/SBA Commercial Lender
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Get in touch with Cole Hendry
Cole Hendry
SBA Commercial Lender
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Get in touch with Brianna Knowles
Brianna Knowles
SBA Commercial Lender
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Get in touch with Janine Phillips
Janine Phillips
SBA Commercial Lender
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Get in touch with Kyle Schramel
Kyle Schramel
SBA Commercial Lender
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Get in touch with Josh Villa
Josh Villa
AVP/SBA Lending Supervisor
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Get in touch with Bill Schmidt
Bill Schmidt
SBA Commercial Lender
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Get in touch with Cory Madsen
Cory Madsen
SBA Commercial Lender
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Get in touch with Daniel Sedillo
Daniel Sedillo
VP/Commercial Loan Officer
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Get in touch with Kevin Unger
Kevin Unger
VP/Commercial Loan Officer
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Get in touch with Kris Holm
Kris Holm
VP/SBA Commercial Loan Officer
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Get in touch with Michael Whalen
Michael Whalen
VP/Commercial Loan Officer
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Get in touch with Mindy Campbell
Mindy Campbell
VP/SBA Commercial Loan Officer
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Get in touch with Tom Miller
Tom Miller
VP/Commercial Loan Officer
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Get in touch with Katie Peterson
Katie Peterson
Commercial Lender
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Get in touch with Katie Bobb
Katie Bobb
VP/SBA Commercial Lender
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Resources

How To Start A Successful Medical Practice

business acquisitions
01/02/2020
Read More

Mistakes To Avoid When Opening A Business Bank Account

business acquisitions
09/05/2019
Read More

Five Steps to Evaluate Your Business’s Health

business acquisitions
04/25/2019
Read More

Tactics for Handling Customer Complaints

business acquisitions
04/18/2019
Read More

Business Debt Consolidation Calculator

Should you consolidate your debt? This calculator is designed to help determine if debt consolidation is right for you.
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Commercial Loan Calculator

Use this calculator to estimate your debt service coverage with a new commercial loan.
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Enhanced Loan Calculator

Use this calculator to look at a variety of possible loans. Change your monthly payment, loan amount, interest rate or term.
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Break Even Analysis Calculator

The break even analysis calculator is designed to demonstrate how many units of your product must be sold to make a profit.
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