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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 Basic Process To Apply For Equipment Financing

The Basic Process To Apply For Equipment Financing

Posted by: Stearns Bank on Feb 13, 2024

Learn the steps of the equipment financing application process. We explain key details lenders request, documents to supply, and credit score impacts.

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The Equipment Your Business Can Finance for Growth

The Equipment Your Business Can Finance for Growth

Posted by: Stearns Bank on Dec 12, 2023

Learn how equipment financing can help your business grow by acquiring the latest technology without the burden of hefty upfront costs.

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Funding A Business Acquisition And The Small Business Loan Program

Funding A Business Acquisition And The Small Business Loan Program

Posted by: Stearns Bank on Dec 05, 2023

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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Five Behaviors of Successful Business Owners

Five Behaviors of Successful Business Owners

Posted by: Stearns Bank on Nov 28, 2023

What makes small business owners successful? Read this blog to find out the 5 behaviors that boost entrepreneurial potential.

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How Small Business Owners Can Maximize Tax Savings With Section 179 Deduction

How Small Business Owners Can Maximize Tax Savings With Section 179 Deduction

Posted by: Stearns Bank on Nov 21, 2023

Learn how the Section 179 tax deduction allows small business owners to deduct the full cost of eligible equipment in the year of purchase.

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6 Signs You Need To Hire More Employees

6 Signs You Need To Hire More Employees

Posted by: Stearns Bank on Nov 14, 2023

Learn how to recognize the signs that you need to hire more employees to grow your business.

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How To Use Equipment Financing To Scale Your Business

How To Use Equipment Financing To Scale Your Business

Posted by: Stearns Bank on Nov 07, 2023

Learn how equipment financing can help your business access advanced technology, boost performance, and scale operations.

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Benefits of Building a Long-Term Relationship With Your Commercial Lender

Benefits of Building a Long-Term Relationship With Your Commercial Lender

Posted by: Stearns Bank on Oct 17, 2023

Learn how a lasting relationship with your commercial lender can benefit your business in the long run.

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How Automatic Payments Can Benefit Your Small Business

How Automatic Payments Can Benefit Your Small Business

Posted by: Stearns Bank on Oct 03, 2023

Learn how automatic payments can save you time, money, and hassle as a small business owner.

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FDIC Insurance: Strength and Security for Deposits

FDIC Insurance: Strength and Security for Deposits

Posted by: Stearns Bank on Sep 12, 2023

Learn how FDIC insurance protects your business deposits up to $250,000 and how to maximize coverage with the right deposit strategies.

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