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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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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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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Why Succession Planning Can Make A Difference For Small Businesses
Posted by: Stearns Bank on Apr 05, 2018
Having a succession plan in place helps ensure your business can carry on even if there’s an unexpected loss at the top of your organization.
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Does Your Lender Offer Custom Payment Solutions?
Posted by: Stearns Bank on Mar 29, 2018
When a company finances an equipment purchase, the repayment schedule can be as important as any other factor.
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