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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.

The Benefits of Getting Financing for Small Business Equipment

The Benefits of Getting Financing for Small Business Equipment

Posted by: Stearns Bank on Jul 13, 2022

Grow your business quickly with financing from Stearns Bank. We craft small business equipment loans to fit your business & its goals!

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Equipment Finance Agreements and Simple Interest Loans: What Makes Them Different?

Equipment Finance Agreements and Simple Interest Loans: What Makes Them Different?

Posted by: Stearns Bank on Jan 11, 2022

Customers can be confused at times when trying to compare an EFA and a standard simple interest loan.

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What You Need To Know Before Financing Used Equipment

What You Need To Know Before Financing Used Equipment

Posted by: Stearns Bank on Dec 16, 2021

There are important factors you should research before purchasing used equipment. Financing used equipment is made easy with the right financing source.

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7 Tips For Construction & Manufacturing Equipment Maintenance

7 Tips For Construction & Manufacturing Equipment Maintenance

Posted by: Stearns Bank on Nov 04, 2021

A good maintenance program will help your equipment operate smoothly, more efficiently and will hold its value longer.

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Loan Options Available For Rural Small Businesses

Loan Options Available For Rural Small Businesses

Posted by: Stearns Bank on Jul 23, 2021

Rural America is vital to the nation’s economy and small businesses located in these communities can use these loan options to continue their growth.

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Worker Shortage Sole Blip in Booming Construction Field

Worker Shortage Sole Blip in Booming Construction Field

Posted by: Stearns Bank on May 21, 2021

Roy White owns a mason contracting business in western New York. He has plenty of work lined up but finding and maintaining an employee base has been hard.

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Medical Professional Moves Into Delivery Industry For New Career Path

Medical Professional Moves Into Delivery Industry For New Career Path

Posted by: Stearns Bank on May 06, 2021

Dr. Cody Cox has made the move into owning his own FedEx delivery hub in Texas. He’s learning the ropes and getting financing help from Stearns Bank.

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Pandemic Doesn’t Slow Down Eye Care Practice's Approach To Expansion

Pandemic Doesn’t Slow Down Eye Care Practice's Approach To Expansion

Posted by: Stearns Bank on Mar 26, 2021

Bettner Vision in Colorado Springs, Colorado, used a PPP loan to stay on track with expansion plans despite being closed during the COVID-19 pandemic.

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Non-Contact Medical Equipment Expanding Care For Practices

Non-Contact Medical Equipment Expanding Care For Practices

Posted by: Stearns Bank on Dec 17, 2020

The pandemic has forced medical practices to get creative, including turning to non-contact equipment that allows them to still care for their patients.

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Aging Gracefully – Avoiding Equipment Obsolescence

Aging Gracefully – Avoiding Equipment Obsolescence

Posted by: Stearns Bank on Dec 07, 2020

No matter the business, avoiding equipment obsolescence is not easy. One solution is to investigate the viability of equipment financing.

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