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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The 6 Questions You Should Ask Yourself Before Financing Equipment
Posted by: Stearns Bank on Oct 15, 2020
These key questions are important to consider before signing an equipment financing agreement, especially if you’re just beginning your research.
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Business Planning For Manufacturers In A Post-Pandemic Economy
Posted by: Stearns Bank on Aug 24, 2020
Manufacturing businesses are facing issues with planning during the COVID-19 pandemic. Here are some tips on how to deal with the unexpected.
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Landscaping Company Adjusts To COVID-19’s Impact
Posted by: Stearns Bank on Apr 03, 2020
Rapid Robert Construction & Tree Services is advising its employees to practice social distancing while adjusting its cash flow to deal with COVID-19.
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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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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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