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…
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Below is a recent interview SuperbCrew conducted with our CEO, Noah Grayson, discussing the benefits of technology in loan origination.
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.