The Differences Between Equipment Finance Agreements And Simple Interest Loans
Posted by: Stearns Bank on Oct 05, 2018
Customers can be confused at times when trying to compare an EFA and a standard simple interest loan.
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The Basic Process To Apply For Equipment Financing
Posted by: Stearns Bank on Sep 27, 2018
Advice to prepare if you’re applying for equipment financing with a financial institution, especially buying equipment for your small business.
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Nine Steps To Follow When Acquiring A Business
Posted by: Stearns Bank on Aug 23, 2018
When you’re acquiring a business, everything revolves around planning.
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Six Ways Seasonal Businesses Can Manage Their Cash Flow
Posted by: Stearns Bank on Aug 16, 2018
A small business may fail for many reasons – sluggish sales, start-up costs, competition. But the greatest challenge and cause of failure is cash flow.
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How To Prepare Your Business For A Natural Disaster
Posted by: Stearns Bank on Aug 02, 2018
From flooding, to hurricanes to earthquakes, natural disasters can strike at any time.
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Five Ways To Avoid Franchisee Failure
Posted by: Stearns Bank on Jul 26, 2018
These five tips will help you recognize what you’re jumping into and how to plan out your journey.
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Six Signs That You’re Ready To Hire Additional Employees
Posted by: Stearns Bank on Jul 19, 2018
For small business owners, it’s not always easy to know when the right time to hire new employees might be.
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Financing Terms Every Small Business Owner Should Know
Posted by: Stearns Bank on Jul 12, 2018
Key business financing terms everybody in the small business world needs to know.
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Technology Trends in Construction
Posted by: Stearns Bank on Jul 02, 2018
Bucking trends toward automation, construction firms still rely on labor and heavy equipment, with only marginal advances in technology.
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Funding A Business Acquisition And The Small Business Loan Program
Posted by: Stearns Bank on Jun 21, 2018
The SBA Loan program can be beneficial for buyers who are interested in acquiring businesses that do not have sufficient tangible assets to meet the collateral requirements of traditional bank financing.
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