South End Capital’s Industry-Leading 50% Partner Fee Sharing Continues in 2024

ST. CLOUD, MINNESOTA, UNITED STATES, January 24, 2024 / — 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.

South End Capital Begins 2024 with Significant Financing Program Updates

ST. CLOUD, MINNESOTA, UNITED STATES, January 16, 2024 / — 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.

South End Capital Announces Over $1B of 2023 Loan Production and Highlights Recent Closings

ST. CLOUD, MINNESOTA, UNITED STATES, January 10, 2024 / — 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. 

South End Capital Announces Important 2024 Partner Updates

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!

South End Capital Announces Big 2024 Program Updates

We’re starting off the year with significant program updates to help your business get on the path to success in 2024!

South End Capital Announces Recent Business & Equipment Loan Closings

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+. 

Noah Grayson, President of South End Capital, Featured in Recent Forbes Article, “20 Ways Leaders Can Show Appreciation To Their Teams This Holiday Season”

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.

South End Capital Announces the Release of its Upgraded Partner Page 2.0

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.

South End Capital Announces FAST CAPITAL up to $500,000

ST. CLOUD, MINNESOTA, UNITED STATES, November 29, 2023 / — 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.

With Challenges Mounting for Banks, Stearns Bank’s 3rd Quarter Results Reinforce its Strong Capital

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 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.

South End Capital Announces 658 Equipment Financings for $46M in October

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 termand 12-month early buy-out. 

South End Capital Announces $1B of 2023 Loan Production Near with Recent Closings

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.

South End Capital Extends 50% Revenue Share Promotion for its Partners

ST. CLOUD, MINNESOTA, UNITED STATES, November 2, 2023 / — 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. 

South End Capital Announces its New and Improved Online Prequalification Form

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!

South End Capital Announces Significant Guideline Changes Enacted by the SBA

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.