Stearns Bank

Bank equipment finance group based in St. Cloud, Minnesota.

St. Cloud, Minnesota bank with branches in Minnesota, Florida and Arizona that lends to businesses nationwide. Its commercial lending covers equipment financing, commercial real estate, SBA loans and USDA rural development loans, and it offers business and personal deposit accounts. Its Stearns Salaam Banking division provides sharia-compliant deposits and financing, including construction and real estate financing.

Profile

TypeBank
HeadquartersSt. Cloud, Minnesota
Websitewww.stearnsbank.com
CoverageNational
ProductsEquipment loans, SBA loans
SectorsReal estate, Small business
AssociationsEquipment Leasing and Finance Association, National Equipment Finance Association

Sources: Stearns Bank.

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