Loan Programs

The Small Business Administration (SBA) offers a competitive loan program designed for businesses that are looking to finance any of the following: start-up, acquisition, remodel, expansion, succession, real estate purchase/construction, equipment, leasehold improvements, inventory & working capital, franchise fees, or debt refinance.

A Small Business loan has great advantages over conventional financing including:

  • Lower down payment to conserve cash for your business
  • Longer terms – up to 7 years for working capital, 10 years for equipment, and 25 years for real estate
  • Lower monthly loan payment
  • Amortizing terms – no balloon
  • Loans $350,000 or less approved in hours, larger loans approved in days

Learn about SBA loans for veterans. Veteran business owners are eligible for discounts and additional savings from the SBA.

Our experienced finance team will walk you through the entire loan process. We get the job done!

For more information or to get fast financing, contact us at 1-888-320-2899 or inquire online.

Learn more:

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SBA Loan FAQ
 
Stearns Bank customer map

Stearns Bank: National Presence, Hometown Service

Stearns Bank serves customers across the country with SBA loans, equipment financing and commercial banking services. See our interactive map to review the range of industries we cover and regions we serve.

View our customer map

Online Calculators

Use our online calculators to estimate your payments and financing costs, at various interest rates and terms. Then, contact a Stearns Bank representative to start the financing process.