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. Featured financing: We directly funded this 4.58% rate, 5-year term, 0% down payment equipment purchase with a delayed payment.
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South End Capital Announces 703 Equipment Financings for $54M in JuneJuly 13, 2022
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South End Capital Announces 669 Equipment Financings for $51M in MayJune 23, 2022
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. Equipment financing is available for most industries with rates starting in the 4% range, and with terms out to 7-years. Read full article... |
Stearns Bank Holdingford National Association to be Acquired by Canadian-Based VersaBank to Expand VersaBank’s Banking Services to the United StatesJune 14, 2022
Stearns Financial Services Inc. (“SFSI”) today announced it has signed a definitive agreement with VersaHoldings US Corp. to acquire Stearns Bank Holdingford N.A. (“SBH”) and launch VersaBank’s expansion into the United States. Canadian-based VersaBank, a leader in digital banking and cyber security solutions, is acquiring SBH through its wholly owned US subsidiary, VersaHoldings US Corp, for an estimated US$13.5 million (subject to adjustment at closing). Read full article... |
South End Capital Announces a Selection of Recent Loan ClosingsMay 24, 2022
Among the many recent loans funded by South End Capital was a 5.5% rate, 10-year amortized $2,096,300 SBA 7(a) loan for the purchase of equipment, inventory, and working capital for business expansion needs. South End Capital is a $2.3 billion balance-sheet lender and tech-enabled loan marketplace offering a full spectrum of business and real estate loans from $1K to $75M+. Read full article... |
South End Capital Named the LendVer 2022 Best Commercial Real Estate & Business LenderMay 13, 2022
LendVer, the reputable database of vetted business and investment property lenders and service providers has finalized its review process for the 2022 Best Commercial Real Estate & Business Lender, and has selected St. Cloud, MN based South End Capital. Founded in 2009 by Noah Grayson as a nationwide, non-conforming commercial lender, South End Capital became a division of Stearns Bank N.A., a $2.3 billion financial institution, in June of 2021. Read full article... |
Stearns Bank N.A. Recognized by Independent Community Bankers of America (ICBA) in its 2021 Best of the Best RankingsMay 4, 2022
The 2021 Best of the Best ranking, released in the May issue of Independent Banker, is based on pre-tax return on assets (ROA) from the past three years, with banks divided into three asset segments. Stearns Bank has consistently been ranked within the top 10, and for 2021, has been ranked #9 in its peer group of banks with over $1 billion in assets [see the rankings]. Read full article... |
Noah Grayson, President of South End Capital, Interviewed for Real Estate Bees Article “How Much Do Hard Money Lenders Charge?”April 21, 2022
This article will clearly describe the charges and costs of hard money loans (that are sometimes also called private money loans). This includes hard money rates and terms, fees, closing costs, and payments. There’s a lot to discuss, so let’s get started. Read full article... |
Noah Grayson, President of South End Capital, Interviewed for INSIDER Article “7 Key Things to Know When Seeking a Business Loan”April 19, 2022
Grayson emphasizes three key factors that lenders prioritize before making lending decisions: Ability to repay the loan, the need for the money and how it will assist with a critical business need or growth, and the business and business owner’s overall creditworthiness. “The number of employees the business has, or the amount of gross revenue (revenue received before expenses) doesn’t matter as much as the net income of the business (revenue after expenses) and the amount of time a business has been in operation,” Grayson says. “The higher the net income of the business and the longer the business has been in operation, the more financing options the business will have, and the more favorable terms will be available.” Read full article... |
South End Capital Announces 723 Equipment Financings for $53M in MarchApril 6, 2022
South End Capital a division of Stearns Bank N.A., a trail-blazing commercial lender and tech-enabled equipment, real estate, and business loan platform, has announced another explosive month for equipment financing. The 723 equipment financings in March were delivered to start-up and established businesses of all kinds, and many were funded in hours and required the borrower to complete just a short verbal or 1-page application. Read full article... |
South End Capital Announces a Selection of Recent Balance-Sheet and Marketplace FinancingsMarch 21, 2022
We’re a $2.3 billion balance-sheet lender and tech-enabled loan marketplace offering a full spectrum of business and real estate loans from $1K to $75M. Most recently, we directly funded an 18-month, 7% rate, interest-only, short-term 4.71 acre land refinance loan with no prepay penalty. The land was raw, pre-development. Read full article... |
South End Capital Delivers 0% Down Payment Equipment Financing for Hard to Fund IndustriesFebruary 14, 2022
South End Capital a division of Stearns Bank N.A., a creative commercial lender and tech-enabled business, real estate, and equipment finance platform, has announced a selection of recent equipment financings. The highlighted equipment financing transactions were provided to industries often overlooked by other equipment lenders, and demonstrate South End’s ability to think outside the box. Read full article... |
Trucks & Boats & Dumpsters, Oh My! South End Capital Presents a Selection of Recent Equipment FinancingsFebruary 9, 2022
From computers to airplanes and everything in between! if your small business needs to purchase or refinance equipment, we can help. We’re a $2.3 billion balance-sheet lender and tech-enabled loan marketplace offering a full spectrum of business and real estate loans from $1K to $75M. Read full article... |
South End Capital Opens Partner Program to Affiliate MarketersJanuary 12, 2022
South End Capital a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and tech-enabled business, real estate, and equipment loan platform offering loans from $1,000 to $80 million in all 50 States and D.C., has announced the expansion of its partner program to include affiliate marketers. Read full article... |
South End Capital Announces 687 Equipment Financings for $49M in DecemberJanuary 6, 2022
South End Capital a division of Stearns Bank N.A., an innovative commercial lender and tech-enabled business, real estate, and equipment finance platform, has announced another explosive month for equipment financing. The 687 equipment financings in December were delivered to start-up and established businesses of all kinds, and many were funded in hours and required the borrower to complete just a short verbal or 1-page application. Read full article... |
Noah Grayson, President of South End Capital, Featured in Commercial Property Executive Article “The Upsides, Challenges of CRE Fintech”January 5, 2022
Factors in fintech’s ascendency are many, including a COVID-era desire for contactless, technology-enabled business transactions and the goal of reducing the reams of paper involved in a transaction. Another factor is CRE borrowers’ expectation that loan processes will be expedited, as they have been in home mortgage and alternative business lending, said Noah Grayson… Read full article... |
South End Capital Announces 499 Equipment Financings for $36M in NovemberDecember 22, 2021
South End Capital a division of Stearns Bank N.A., an innovative commercial lender and tech-enabled business, real estate, and equipment finance platform, has announced another record-breaking month for equipment financing. The 499 equipment financings in November were delivered to a variety of business types, and many were funded the same day and required the borrower to complete only a verbal or 1-page application. Read full article... |
South End Capital Announces $35M in Equipment Financings in OctoberDecember 8, 2021
South End Capital a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and technology-enabled business, real estate, and equipment loan platform, has announced 528 equipment financings totaling approximately $35 million in the month of October. Read full article... |
Noah Grayson, South End Capital President, Contributes to Forbes Article “12 Branding Fundamentals Vital To The Success Of A New Business”November 19, 2021
No matter what industry you’re in, the success of a new business relies heavily on branding. From your values and image to your expertise and authority, your brand tells the story of your business in a way that grabs the attention of your ideal customers and clients. Read full article... |
South End Capital Announces 504 Equipment Financings in SeptemberOctober 26, 2021
South End Capital a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and technology-enabled business, real estate, and equipment loan platform, has announced 504 equipment financings totaling approximately $34 million in the month of September. Read full article... |
South End Capital Releases Customizable Program Templates to Assist Referral PartnersSeptember 30, 2021
South End Capital announced today that by popular demand—it has created templates which approved referral partners can white-label with their contact information and logo to market the firm’s financing programs. The program templates, along with detailed instructions, can be accessed on the “Resources” page of the South End Capital partner portal. Read full article... |
South End Capital Announces Over $100 Million of Real Estate, Equipment, and Business Financings in AugustSeptember 22, 2021
South End Capital a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and technology-enabled business, real estate, and equipment loan platform, has announced over $100 million or real estate, equipment, and business financings in August. Highlighted transactions included a number of large-balance ground-up construction, and opportunistic bridge financings. Read full article... |
South End Capital Announces 527 Equipment Financings in AugustSeptember 16, 2021
South End Capital a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and technology-enabled business, real estate, and equipment loan platform, has announced 527 equipment financings totaling approximately $35 million in the month of August. Read full article... |
South End Capital Delivers Affordable Equipment Financing to Georgia Dental PracticeJuly 29, 2021
South End Capital a division of Stearns Bank N.A., a nationwide $2.2 billion direct lender and technology-enabled business, real estate, and equipment loan platform, has announced a $90,402 equipment financing. This financing assisted a Georgia-based dental practice with an expansion opportunity on the heels of the pandemic-induced economic downturn. Read full article... |
South End Capital Announces a Selection of Recent Loan ClosingsJuly 27, 2021
South End Capital provided a 1st mortgage commercial real estate “CRE” financing for debt consolidation and working capital. A 25-year term loan at a 6% rate was delivered. Additionally, the nationwide lender provided financing to purchase dental equipment, funded a 90% LTV, and a 60-month term with a 3-month delayed payment start date. Read full article... |
Stearns Bank Acquires South End CapitalJune 10, 2021
Stearns Bank N.A., a financial institution in Minnesota, has acquired South End Capital Corporation and its digital lending platform to expand financing options and banking services for businesses. Noah Grayson, founder and president, South End Capital, and his team will join Stearns Bank as a specialized Stearns Bank division, accelerating each company’s digital innovation and their shared vision to deliver real estate investors and business owners the premier marketplace for banking services and customized, affordable financing through an advanced online banking platform. Read full article... |
Noah Grayson, South End Capital CEO, Contributes to Forbes Article “Nine Tips For Identifying New Hotel Real Estate Opportunities”April 12, 2021
With the looming shade of Covid-19 slowly dissipating and vaccines rolling out, tourism is likely to resume in some capacity in the near future. Real estate investors have the perfect entry point into the hospitality real estate investment market. With so many businesses looking to cash out, it’s easier to acquire real estate investments now than ever before. Read full article... |
Noah Grayson, South End Capital CEO, Contributes to Forbes Article “How To Estimate A Property’s Potential Value: 12 Tips For Investors”March 29, 2021
One of the most contentious things that a real estate investor can attempt to do is tell the future. We’re not talking about crystal balls and reading palms but predicting the state of a property within the next few years. However, estimation of the rise in property value is directly linked to many factors, ranging from viability in the current locale to the market factors impacting residential and commercial purchases. Read full article... |
Noah Grayson, CEO of South End Capital, Discusses Building A Scalable Loan Origination And Partner Platform Utilizing TechnologyFebruary 8, 2021
Below is a recent interview SuperbCrew conducted with our CEO, Noah Grayson, discussing the benefits of technology in loan origination. Read full article... |
South End Capital Enables Referral Partners to Offer PPP Loans to Their Networks and Earn Referral FeesFebruary 1, 2021
PPP financing has been activated as a program option on all South End Capital Referral Partner referral links. Existing partners can log in to their Partner Portal to access their referral link and view compensation and program guidelines. Those interested in signing up as a South End Capital Referral Partner to offer PPP loans, and other financing options to their clients, can register here. Read full article... |
South End Capital Announces a Selection of Recent Subprime SBA Loan ClosingsJanuary 26, 2021
We are pleased to announce that we were able to provide financing to businesses in industries that were significantly effected by COVID-19, including a restaurant, nail salon, and more. Read full article... |