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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.

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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Dairy Farmers Reacting To Market Uncertainty

Dairy Farmers Reacting To Market Uncertainty

Posted by: Stearns Bank on Nov 19, 2020

Wisconsin dairy farm family has taken on more work themselves to help combat milk price fluctuations that have played havoc with their cash flow.

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How To Start A Successful Medical Practice

How To Start A Successful Medical Practice

Posted by: Stearns Bank on Jan 02, 2020

Medical professionals may not have the business acumen to be an instant success. Here are tips to get off on the right foot if you’re starting a practice.

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Optometrist Uses Section 179 Tax Deduction To Enhance Practice

Optometrist Uses Section 179 Tax Deduction To Enhance Practice

Posted by: Stearns Bank on Oct 12, 2018

By investing in new equipment for his practice, Elton feels like he was investing in himself in the long term.

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The Basic Process To Apply For Equipment Financing

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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Does Your Lender Offer Custom Payment Solutions?

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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