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Small Business Matters

The Stearns Bank Small Business blog has you covered from relevant industry topics to guidance on big business banking decisions. Read our latest articles that might give you the advice you’ve been looking for to help your small business succeed.

3 Things to Look for in a Small Business Lending Partner

3 Things to Look for in a Small Business Lending Partner

Posted by: Stearns Bank on Mar 13, 2023

Interested in a small business loan? Keep an eye out for these three things when selecting your potential lending partner.

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Should You Finance Equipment During a Recession?

Should You Finance Equipment During a Recession?

Posted by: Stearns Bank on Mar 07, 2023

During a recession, equipment financing can help small business owners get the equipment necessary to grow their businesses without dipping into cash reserves.

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The Four Most Common Challenges Facing Black Women Entrepreneurs

The Four Most Common Challenges Facing Black Women Entrepreneurs

Posted by: Stearns Bank in partnership with African Development Center on Feb 28, 2023

Black women make up the fastest-growing group of entrepreneurs, but they face a disproportionate number of obstacles. Read about them here.

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4 Steps to Prepare Your Small Business for a Recession

4 Steps to Prepare Your Small Business for a Recession

Posted by: Stearns Bank on Feb 07, 2023

Is your small business prepared for a recession? Discover four tips to improve your small business and prepare for any potential future economic downturns.

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How to Prioritize Savings for Your Small Business

How to Prioritize Savings for Your Small Business

Posted by: Stearns Bank on Feb 02, 2023

Is your small business prepared for financial hardship? Utilize a business savings account or certificate of deposit (CD) to start saving today.

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Why Now Is a Great Time to Apply for a Farm Loan

Why Now Is a Great Time to Apply for a Farm Loan

Posted by: Stearns Bank on Jan 23, 2023

Discover why now is a great time to apply for a USDA FSA farm loan from Stearns Bank.

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Let’s Talk SBA Express Loans

Let’s Talk SBA Express Loans

Posted by: Stearns Bank on Jan 11, 2023

Learn about SBA Express Loans, including the loan requirements, approval time, and many benefits.

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5 Benefits of Stearns Bank’s Business Deposit Accounts

5 Benefits of Stearns Bank’s Business Deposit Accounts

Posted by: Stearns Bank on Dec 05, 2022

Discover five benefits of opening a business deposit account with Stearns Bank, from earning interest to avoiding hidden fees.

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Commercial Construction Lending Simplified

Commercial Construction Lending Simplified

Posted by: Stearns Bank on Nov 29, 2022

Get the 411 on getting a loan for commercial construction straight from the dedicated lending team at Stearns Bank.

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5 FAQs about USDA B&I Loans

5 FAQs about USDA B&I Loans

Posted by: Stearns Bank on Nov 21, 2022

Explore 5 frequently asked questions about the USDA Business & Industry Loan Program (B&I), including requirements and restrictions.

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