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!
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South End Capital Announces a Selection of Recent Business FinancingsApril 8, 2024
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South End Capital Announces a $453,100 Franchise Start-up Business Financing for an Ice Cream ShopMarch 25, 2024
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. Read full article... |
South End Capital Highlights Recent Business Credit Line ClosingMarch 20, 2024
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. Read full article... |
South End Capital Features Low-Rate Conventional Loans & Preferred SBA FinancingFebruary 26, 2024
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). Read full article... |
South End Capital Announces Business Credit Line Program up to $500,000February 20, 2024
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. Read full article... |
South End Capital Issues Reminder to Business Owners About How to Earn More in 2024February 20, 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! Read full article... |
South End Capital Announces a Selection of Recent Business Loan ClosingsFebruary 15, 2024
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! Read full article... |
South End Capital Launches 30% Partner Revenue Share on Marketplace Renewal FinancingsFebruary 5, 2024
ST. CLOUD, MINNESOTA, UNITED STATES, February 4, 2024 /EINPresswire.com/ — South End Capital, the partnership-focused division of Stearns Bank N.A., is thrilled to expand its industry-leading partner compensation model. Approved partners can now enjoy a generous 30% revenue share on subsequent and renewal marketplace loans funded when the initial referral is made on or after January 11, 2024. In addition to the existing 50% revenue share for initial referrals funded across its comprehensive marketplace programs, South End Capital is proud to introduce this ongoing revenue opportunity. Read full article... |
South End Capital Announces Recent Business Loan ClosingsFebruary 5, 2024
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 1.33% interest rate per month business credit line that funded in 3 days, 0% down equipment financing for a storage company, and more! Read full article... |
South End Capital Announces the Launch of a Competition-Busting 30% Revenue Share on Renewal Marketplace FinancingsJanuary 29, 2024
Partners NOW earn a competition-busting 30% revenue share on renewal marketplace financings. Plus, partners earn a generous 50% revenue share on initial marketplace financings. Referrers, brokers, ISOs, CPAs, lenders, banks, credit unions, marketplaces, vendors, business owners, entrepreneurs, influencers, marketers, media sites, realtors, and others looking to maximize earning potential can now join a true residual revenue platform. Read full article... |
South End Capital Announces a Selection of Recent Business and Equipment FinancingsJanuary 29, 2024
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 0% down payment equipment financing, business and equipment financing delivered in 1 day, and more! Read full article... |
South End Capital Partners Can Earn up to $50,000 per Funded ReferralJanuary 29, 2024
ST. CLOUD, MINNESOTA, UNITED STATES, January 28, 2024 /EINPresswire.com/ — South End Capital, the collaborative arm of Stearns Bank N.A., is reaching out to individuals seeking increased income in 2024. The innovative business lender is offering free assistance and, in fact, is willing to provide compensation. Referrers, brokers, ISOs, CPAs, lenders, banks, credit unions, marketplaces, vendors, business owners, entrepreneurs, influencers, marketers, media sites, realtors, and others can effortlessly join the South End Capital partner program in under 60 seconds. This presents an exciting opportunity to earn up to $50,000 per funded referral while promoting the industry’s leading business financing programs. Read full article... |
South End Capital’s Industry-Leading 50% Partner Fee Sharing Continues in 2024January 24, 2024
ST. CLOUD, MINNESOTA, UNITED STATES, January 24, 2024 /EINPresswire.com/ — South End Capital, the partnership-focused division of Stearns Bank N.A., is excited to continue its groundbreaking fee split offering that has reshaped the earning potential for loan referrers and packagers. Now extended into 2024 with no set expiration date, South End Capital is providing approved partners with a 50% revenue share across its comprehensive marketplace programs, encompassing SBA loans, business loans, credit lines, startup loans, real estate mortgages, merchant cash advances, and more. Read full article... |
South End Capital Begins 2024 with Significant Financing Program UpdatesJanuary 17, 2024
ST. CLOUD, MINNESOTA, UNITED STATES, January 16, 2024 /EINPresswire.com/ — South End Capital, a technology and partnership-focused division of Stearns Bank N.A., has streamlined its business loan programs and processes to kick off the 2024 production year and expand capital access to small businesses. Read full article... |
South End Capital Announces Over $1B of 2023 Loan Production and Highlights Recent ClosingsJanuary 10, 2024
ST. CLOUD, MINNESOTA, UNITED STATES, January 10, 2024 /EINPresswire.com/ — In the face of economic and market challenges throughout the past year, South End Capital—a technology and partnership-focused division of Stearns Bank N.A.—drew upon its decades of experience and streamlined processes to help push overall bank production beyond $1 billion in 2023. Read full article... |
South End Capital Announces Important 2024 Partner UpdatesJanuary 8, 2024
We’re excited to start off the year with some fantastic updates that will help you earn more in 2024 (we know that rhymed 😊). Earn 50% of any fee we earn on any of your referrals that close in our marketplace*. Plus, more BIG program updates! Read full article... |
South End Capital Announces Big 2024 Program UpdatesJanuary 8, 2024
We’re starting off the year with significant program updates to help your business get on the path to success in 2024! Read full article... |
South End Capital Announces Recent Business & Equipment Loan ClosingsDecember 18, 2023
We are pleased to announce recent SBA 7(a), FAST CAPITAL, Equipment, and Credit Line closings! We’re a direct lender and tech-enabled loan marketplace with over $1 billion closed this year. We offer a full spectrum of capital solutions from $1K to $30M+. Read full article... |
Noah Grayson, President of South End Capital, Featured in Recent Forbes Article, “20 Ways Leaders Can Show Appreciation To Their Teams This Holiday Season”December 12, 2023
As the holiday season approaches, it presents a unique opportunity for leaders to demonstrate their gratitude towards their employees. This time of year is an ideal moment for reinforcing positive workplace relationships and boosting morale. Read full article... |
South End Capital Announces the Release of its Upgraded Partner Page 2.0December 4, 2023
Approved South End Capital partners can now promote their pages and our programs without worrying about borrowers navigating to us directly, or getting lost reading press releases, announcements, or partner details. Read full article... |
South End Capital Announces FAST CAPITAL up to $500,000November 29, 2023
ST. CLOUD, MINNESOTA, UNITED STATES, November 29, 2023 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., a prominent $2.2 billion financial institution, is thrilled to announce the availability of FAST CAPITAL, offering up to $500,000 for businesses nationwide. As a direct lender with a proven track record, South End Capital is steadfast in its commitment to providing swift funding solutions through a streamlined process. Read full article... |
With Challenges Mounting for Banks, Stearns Bank’s 3rd Quarter Results Reinforce its Strong CapitalNovember 22, 2023
St. Cloud, Minn. (November 21, 2023) – Stearns Bank, N.A., a Minnesota-based financial institution, continues to maintain strong capital with Tier 1 Leverage at more than 19% based on its financial reports released for the 3rd quarter, more than two times stronger than the 9.26% Tier 1 capital leverage ratio reported as the average for all banks for Quarter 3 by bankregdata.com. Stearns Bank stands out with its financial discipline and strategies in building strength of capital, continually delivering peace of mind to its customers across the U.S. as additional banks fail and regulators cite others for deficient capital and liquidity. Read full article... |
South End Capital Announces 658 Equipment Financings for $46M in OctoberNovember 6, 2023
As one of the nation’s top equipment lenders and tech-enabled loan marketplaces—we’re able to offer the most competitive equipment financing options available. We directly funded a gym equipment purchase with a 9.03% rate, 5-year term, and 20% down payment. We directly funded a used excavator purchase with an 8.68% rate, 5-year term, and 12-month early buy-out. Read full article... |
South End Capital Announces $1B of 2023 Loan Production Near with Recent ClosingsNovember 6, 2023
Amidst a challenging year of economic and global uncertainties, South End Capital, a technology and partnership-focused division of Stearns Bank N.A., is not only weathering the storm but is propelling lending production to over $1 billion this year. Read full article... |
South End Capital Extends 50% Revenue Share Promotion for its PartnersNovember 2, 2023
ST. CLOUD, MINNESOTA, UNITED STATES, November 2, 2023 /EINPresswire.com/ — South End Capital, the partnership-driven arm of Stearns Bank N.A., is excited to announce the extension of a groundbreaking promotion that is reshaping the earning potential for lending professionals. Now extended until December 31, 2023, South End Capital is providing approved partners with a 50% revenue share across its diverse marketplace programs, encompassing SBA loans, business loans, commercial real estate loans, and more. Read full article... |
South End Capital Announces its New and Improved Online Prequalification FormOctober 23, 2023
With our new and improved online prequalification form, you can submit your financing inquiry in just a few short minutes. We’ve updated our technology and process to make accessing capital even faster and easier than before! Read full article... |
South End Capital Announces Significant Guideline Changes Enacted by the SBAOctober 10, 2023
Thanks to MAJOR guideline changes recently enacted, obtaining an SBA business loan with us is now easier, faster, and more affordable! Increased guarantee fee waivers, larger SBA working capital loan sizes, lower rates, and more are available. Read full article... |
South End Capital Announces a Selection of Recent FinancingsOctober 2, 2023
We closed a $2,151,350 low rate, high-LTV commercial real estate ground-up SBA 504 construction loan for a private gym; a 66-month, 15.25% rate, 0% down Sprinter van purchase equipment financing for $249,818; a 3-year, interest only, 10.50% rate working capital and cannabis grow room construction loan and many more. Read full article... |
South End Capital Reintroduces NO FEE SBA 7(a) Loans and Elevates SBA 504 LendingSeptember 20, 2023
ST. CLOUD, MINNESOTA, UNITED STATES, September 18, 2023/EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., proudly reintroduces its highly sought-after no-fee SBA 7(a) loans and reduced-fee SBA 504 loans. Leveraging its preferred SBA status, the seasoned lender offers unparalleled expertise nationwide. Furthermore, with the relaunch of a $2,500 SBA packaging fee waiver promotion* and ongoing SBA guarantee fee waivers available through September 30, 2023, South End Capital reaffirms its leadership in providing affordable and accessible small business financing solutions. Read full article... |
Noah Grayson, South End Capital’s President Featured in Recent Bigger Pockets Article “Everything Around It is Collapsing, But This One Last Property Type Remains Standing: Retail”September 6, 2023
At one point, the pandemic looked like it would be the final nail in the coffin for brick-and-mortar retail, speeding up the shift to e-commerce. But despite the benefits of online shopping, many people still enjoy going to a store to see and feel products up close. Read full article... |