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Mutual Respect Creates Strong Financing Relationship For Landscaping Business

Posted by: Stearns Bank on Feb 07, 2019

The owners of Supreme Lawn and Landscaping in Waite Park were looking at switching financial institutions after becoming disenchanted with their bank.

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Used Equipment Offers Advantages For Diligent Buyers

Posted by: Stearns Bank on Jan 31, 2019

Whether bidding at a live or online auction, or visiting a local dealer, previously-owned equipment can be a big benefit for a small business owner.

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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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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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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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Six Industries That Can Benefit From Equipment Financing

Posted by: Stearns Bank on May 17, 2018

These six industries in particular can benefit from capital investment and equipment loans provided by a small business lender like Stearns Bank.

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Landscaping Business Beautifies Finances With Section 179

Posted by: Stearns Bank on Apr 12, 2018

Section 179 lets business owners deduct all (or part of) the cost of equipment that is purchased or financed and put into use before the end of the year.

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