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South End Capital Invites Businesses to Access Financing for the Holidays
ST. CLOUD, MN, UNITED STATES, November 19, 2024 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., invites small business owners to prepare for the holiday season rush by accessing financing from $1K to $15 million for a variety of business purposes.
South End Capital Announces Recent Business Financings
ST. CLOUD, MN, UNITED STATES, November 18, 2024 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., demonstrated its breadth of program options by announcing a diverse selection of recent business financings.
South End Capital Closes a $3,153,500 SBA 504 Construction Loan for a Fitness Center
The ground-up construction financing was closed and funded on balance sheet and included a flexible quarterly adjustable first mortgage interest rate, and the benefit of a low 25-year fixed rate SBA 504 second mortgage. The financing also included an introductory interest-only period to assist the borrower with a lower financing cost during the initial stages of construction.
PRESS RELEASE: Refer Partners to South End Capital and Earn Fees
ST. CLOUD, MINNESOTA, UNITED STATES, July 1, 2024 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., has enhanced its programs to now allow approved partners to refer other partners and earn fees on their funded referrals.
PRESS RELEASE: South End Capital Unveils Enhanced Site Design, User Experience, and Mission Statement
ST. CLOUD, MINNESOTA, UNITED STATES, June 5, 2024 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., is excited to release its upgraded website with a new look, new features, and updated mission statement that reflects the cutting-edge lender’s greatest ambition to provide “Equal Access to Industry-Leading Financing”.
South End Capital Launches New Website & Partner Page
Not only does our website have a new look, but we’ve added new features, and updated our mission statement to reflect our greatest ambition.
South End Capital Announces a Selection of Recent Business Financings
We’re a direct lender and tech-enabled loan marketplace with over $1 billion closed in 2023. We offer a full spectrum of capital solutions from $1K to $15M+. These recent financings included $140,000 business credit line, a $500,000 business working capital loan, $155,000 equipment financing and more!
South End Capital Announces a $453,100 Franchise Start-up Business Financing for an Ice Cream Shop
South End Capital offers business owners access to preferred SBA Financing or Bank Loans up to $15M for a variety of business purposes. In a recent SBA 7(a) loan closing, South End Capital provided $453,100 in start-up funding for an ice cream franchise location, and an 11.00%, 10-year term loan was delivered with no prepayment penalty.
South End Capital Highlights Recent Business Credit Line Closing
A business credit line operates like a credit card, usually offering a higher credit limit, and you only pay for the funds you utilize. There’s no minimum credit score requirement and you can prequalify in minutes without impacting your credit. This $90,000 credit line was provided to a real estate company seeking an easy application process, and affordable and accessible financing.
South End Capital Features Low-Rate Conventional Loans & Preferred SBA Financing
Access low-rate Conventional Loans or preferred SBA Financing up to $15M for a variety of business purposes. Borrowers with 650+ credit may be eligible even if they’ve been turned down by other lenders due to financing barriers (borrowers with credit under 650 may still be eligible for financing through South End Capital).
South End Capital Announces Business Credit Line Program up to $500,000
ST. CLOUD, MINNESOTA, UNITED STATES, February 20, 2024 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., is excited to unveil its Business Line of Credit Program, providing businesses nationwide with access to up to $500,000 in a revolving credit facility. With a 15-year track record as a technology-driven lender and loan marketplace, South End Capital remains committed to evolving its funding solutions to fulfill its mission of democratizing access to business capital.
South End Capital Issues Reminder to Business Owners About How to Earn More in 2024
It couldn’t be easier to refer your network to our loan programs and earn up to $50,000* per funded referral! There is no limit on total referral fees you can earn. Plus, earn recurring fees on eligible subsequent financings. We give you all the instructions, support, and tools to succeed—for FREE!
South End Capital Announces a Selection of Recent Business Loan Closings
We’re a direct lender and tech-enabled loan marketplace with over $1 billion closed in 2023. We offer a full spectrum of capital solutions from $1K to $15M+. These recent financings included $78,300 business credit line that funded in 2 days, 0% down equipment financing for an agricultural company, and more!