Commercial Lending Reinvented

Founded in 2009 as a nationwide, non-conforming commercial lender, South End Capital became a division of Stearns Bank N.A., a $2.2 billion financial institution, in June of 2021. Our innovative balance-sheet lending and comprehensive marketplace financing delivers a full spectrum of capital solutions for emerging and expanding businesses. South End Capital’s tech-enabled platform and premier customer support offers equal access to industry-leading conventional and alternative equipment, real estate, and business funding.

ProgramsPartnersRecent Closings


Real Estate
Working Capital

We are one of the nation’s top equipment financing lenders with over 30 Certified Lease Finance Professionals (CLFP) on staff. Our customized term and payment options match your business’s cash-flow cycle, and our innovative loan portal and live personal support enable us to issue financing approvals in hours, and fund in less than a day.

As a division of a $2.3 billion bank, you can count on the most competitive terms and a tailored equipment financing structure that works for you. Most mission critical equipment and industries are considered. Click below to learn more and to be contacted by a team member.

  • $5,000 to $5 Million+
  • Custom Payment Options
  • Competitive Pricing
  • Up to 10-Year Terms
  • Most Industries Eligible
  • Dealer & Private Party Sales
  • Nationwide Financing
  • 0% Down on Purchases
  • Start-Up Terms Available
  • Approvals in Hours
  • Same Day Funding
  • NEW and USED Equipment
Get Started

As a direct business lender and tech-based loan marketplace, we offer a multitude of loans options for business owners including; SBA Express, SBA 7(a), SBA 504, USDA, conventional, and non-conforming financing. We can even consider borrowers turned down by other lenders due to special-purpose collateral, a unique business, or other traditional financing barriers.

Funds can be used for any business purpose such as to purchase or construct real estate, buy or start a business, for working capital, to refinance debt, or consolidate merchant cash advances. Click below to learn more and to be contacted by a team member.

  • $1,000 to $25 Million
  • Competitive Pricing
  • Monthly Payments
  • Short and Long-Term Loans
  • Flexible Underwriting
  • Most Businesses Eligible 
  • Sole Proprietors are OK
  • Unrestricted Working Capital
  • Start-Up Financing Available
  • No or Low Collateral
  • High LTV Financing
  • Nationwide + Rural Locations
Get Started

We are a top-ranked balance sheet real estate lender offering streamlined mortgages for commercial and investment residential property (no personal residences). Rural locations, foreign nationals, cannabis property, special-purpose property (even land), and other financing barriers can be considered.

Purchase, refinance, construction, development, and bridge loans are available in all 50 States + D.C. Our team is experienced with complex commercial loan structures, and we provide flexible and creative short-term and long-term mortgages secured by a variety of property types. Click below to learn more and to be contacted by a team member.

  • $25,000 to $30 Million+
  • Competitive Pricing
  • Cannabis Financing
  • Nationwide Lending
  • Non-Profits are OK
  • Ground-up Construction
  • Fully Amortizing Loans
  • No Prepay Penalty
  • Interest Only Available
  • Expedited Closing Process
  • Flexible Underwriting
  • Investor & Owner-Occupied Commercial Property
Get Started

As a nationwide Preferred Small Business Administration (SBA) lender, we’re able to deliver streamlined SBA financing that not only slashes funding timelines from months to weeks, but in some cases only requires minimal documentation and the completion of a small handful of concise forms. Non-SBA working capital financing is available through our marketplace as well!

Eligible businesses can avoid costly merchant cash advances and transition to predictable and affordable monthly loan payments by clicking below. Access a fast and competitively priced working capital loan or line of credit up to $500,000 in weeks.

  • Financing up to $500,000
  • Competitive Pricing
  • Monthly Payments
  • 10-Year Loan Term
  • Fully Amortizing Loans
  • 700 Min. Credit Score
  • Streamlined Underwriting
  • Most Businesses Eligible 
  • No Prepayment Penalty
  • No Collateral Options
  • 2 Yrs. Min. Time in Business
  • Fast Funding Available
Get Started

Recent Closings

0% Down Equipment Financing
11.884% Rate, 6-Year Term
Alpharetta, GA

Construction Financing
126-Unit Apartment Complex
2-Year Purchase & Renovation Loan
Chicago, IL

Cannabis Financing
Dispensary & Equipment Purchase
5-Year Term, 20-Year Amortization
Las Vegas, NV

Mortgage Brokerage
Employee Retention Credit
Cash Tax Refund
Spring Hill, FL

Property Manager
Employee Retention Credit
Cash Tax Refund
Dallas, TX

Healthcare Co.
Employee Retention Credit
Cash Tax Refund
Philadelphia, PA

Insurance Agency
Employee Retention Credit
Cash Tax Refund
Largo, FL

Design Co.
Employee Retention Credit
Cash Tax Refund
Redwood City, CA

Pet Hotel
Employee Retention Credit
Cash Tax Refund
Dallas, TX

Education Co.
Employee Retention Credit
Cash Tax Refund
Houston, TX

Software Co.
SBA Express Credit Line
11.00% Rate, 10-Year Term
Tallahassee, FL

Anti-Aging Center
SBA 7(a) Franchise Start-Up
10.75% Rate, 10-Year Term
Nashville, TN

Dental Practice
Employee Retention Credit
Cash Tax Refund
Santa Barbara, CA

Insurance Co.
Employee Retention Credit
Cash Tax Refund
Salt Lake City, UT

HVAC Franchise
SBA 7(a) Start-Up Loan
10.00% Rate, 10-Year Term
Teaneck, NJ

Pet Resort
SBA 7(a) Business Purchase
10.75% Rate, 10-Year Term
Pittsburgh, PA

Lawn Mowers
0% Down Equipment Financing
14.397% Rate, 3-Year Term
Erie, CO

Boom Lift
0% Down Equipment Financing
11.118% Rate, 5-Year Term
North Pole, AK

Construction Co.
Working Capital
10.24% Rate, 3-Year Fixed
Lula, GA

Hauling Co.
Equipment Financing
9.955% Rate, 5-Year Term
Metter, GA

SBA 7(a) Expansion Loan
10.5% Rate, 10-Year Term
Indianapolis, IN

Construction Co.
SBA 7(a) Debt Consolidation
10.75% Rate, 10-Year Term
Chesterfield, VA

Logging Co.
Equipment Financing
8.56% Rate, 5-Year Term
Lyndhurst, OH

Wellness Co.
SBA Express Working Capital
Prime + 6.5%, 10-Year Term
Clermont, FL

Restaurant Building
SBA 7(a) Refinance & Expansion
10.25% Rate, 10-Year Term
Atlanta, GA

Hauling Co.
Equipment Financing
12.13% Rate, 5-Year Term
Riverside, CA

Sandwich Franchise
SBA 7(a) Business Purchase
9.25% Rate, 10-Year Term
Las Vegas, NV

Construction Co.
Equipment Financing – 3 Day Close!
10.63% Rate, 0% Down Payment
Sugar Hill, GA

Employee Retention Credit
Cash Tax Refund
Gonzales, LA

Freight Logistics Co.
SBA 7(a) Line of Credit
9.75% Rate, 10-Year Term
Vancouver, WA



Noah Grayson
President, Founder
Forbes | LinkedIn

Matthew Naughton
VP, Sales Director

Myron Alford
VP, Operations Manager

Bill Schmidt
Finance Manager


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Partner Program

Revenue down? Add an another income stream! We make it easy to offer financing and earn BIG fees. Get your FREE co-branded website, 24/7 tracking, and much more in just 60-seconds. Custom partner options available!
Learn More


We’ve Brought the SBA Fee Waiver Back! – We’ve brought our $2,500 SBA packaging fee waiver promotion back and SBA guarantee fee waivers* are still available through 9/30/2023! Plus, the SBA process is now easier than ever thanks to major guideline changes [learn more]…


Listed here are the most commonly asked questions about who we are and how we operate. If you have a question that is not found here, please do not hesitate to contact us and we will be happy to address it.

Is SEC a lender or a broker?

SEC is a division of Stearns Bank, NA, a $2.2 billion national financial institution. As such, SEC is an approved direct commercial real estate lender, investment residential lender, business lender, SBA lender, USDA lender, and equipment financing lender. SEC also administers a cutting-edge, technology-based intermediary loan marketplace that facilitates the placement of loans SEC cannot fund in-house, through a strategic network of lending partners. SEC lends in all 50 States plus Washington, DC.

What documents are required to close a loan with SEC?

The documentation required will vary depending on the financing type.

Equipment Financing less than $150K (and up to $350K in some cases) requires only:

▶ A completed verbal or 1-page application for approval, and a few basic items to fund (this is why we can fund in as little as 82 minutes!)

Larger financings up to $5M+ may require additional documentation such as tax returns and financials.

SBA, USDA, and Conventional business and real estate financing may require the following documentation (the below list may not be all inclusive and/or may not be applicable to your request). Don’t worry, we’re here the entire way to make the process streamlined and stress-free, and we utilize automation and DocuSign whenever possible:

▶ Personal Financial Statement

▶ Last 1 to 3 Years Business and Personal Tax Returns

▶ Business Debt Schedule (if applicable)

▶ Borrower and Individual Certification Forms (if applicable)

▶ YTD P & L and Balance Sheet

▶ Projections (if a start-up business or construction loan)

▶ Seller Tax Returns & Financials (if purchasing a business)

▶ Purchase Agreement (if purchasing real estate or a business)

▶ Construction Budget and/or Feasibility Study (if a construction or development request)

▶ Rent Roll & Operating Statement (if a cash-flowing investment property)

▶ Existing Appraisal or Environmental Reports (if applicable and available)

Documentation requirements for the participating lenders in our marketplace will vary by lender and transaction type. We only partner with the most technology-efficient lenders that have a track-record of performance. Many marketplace loans can fund with basic documentation in as fast as a few hours.

How do I signup as a Referral Partner with SEC?

If you are a lender, mortgage / loan broker, ISO, CPA, media company, finance / real estate professional, or entrepreneur looking to leverage our real estate and business loan programs to increase your revenue, then click here to register and be reviewed for approval as a Referral Partner (there is no cost to register and it only takes about a minute). Once approved you will be eligible to receive competitive referral fees on funded loans you referred to us, and view the status of your referral pipeline 24/7 in our comprehensive partner portal.

I’m a borrower, broker or lender—why should I work with SEC?

If you are a borrower looking for financing in this market, you know the process can be difficult and confusing. SEC is an experienced lender, founded in 2009, with a focus on customer service, transparency and ethical practices. We have always concentrated on providing non-conforming borrowers the most competitive and affordable loan options, and we have built a reputation as a market leader doing just that (Google us!).

If you are a broker or lender, then you know loan fallout is a costly issue that can be resolved and monetized by the right strategic partner. The loan programs SEC offers are genuine, and they perform. We utilize the latest technology to offer our partners the opportunity to convert their leads and fallout into significant revenue. We operate as your back-office so that you can focus your effort on what’s most important to you. We offer competitive referral fees, volume incentives, and additional benefits such as co-branded loan referral links and referral tracking. Once approved you’ll receive access to our innovative partner portal where you can view the status of your referral pipeline 24/7 and manage your account.

Does SEC charge upfront fees?

No. SEC charges no upfront or application fees. After a borrower signs and accepts a term sheet, he/she will be responsible for the payment of any required due diligence fees (if applicable), such as an appraisal or environmental report fee.

Does SEC charge loan points and/or fees at closing?

SEC charges standard origination and closing fees. Because we are a division of a bank, our fees tend to be lower than our competitors. We are happy to provide a fee estimate upon request so there are no surprises.

How long does it take to close a loan with SEC?

Closing time depends on the financing type, but we prioritize speed throughout the loan process. Equipment and marketplace business financing can be approved and funded in less than a day. Real estate, SBA, and USDA loan approval can occur in a matter of days (after receipt of a completed loan application), with the entire funding process taking approximately 45 to 90 days.

Does SEC offer loan programs outside of the United States?

We offer loan programs in all 50 states plus Washington, DC. We do not offer any loan programs in any other countries.

What collateral will SEC lend against?

Only commercial real estate, 1 to 4 unit non-owner occupied residential properties held (or to be acquired) for investment purposes, businesses and hard business assets (i.e., equipment, machinery, etc.) are eligible for financing under our programs. SEC can also provide business financing without any collateral in a number of cases. We do not offer financing on owner-occupied residential properties, securities or any other types of collateral.

Are Referral Partners, loan brokers, or third parties ever considered representatives, agents or employees of SEC?

No. SEC approved Referral Partners are only authorized to refer SEC eligible borrowers for potential financing. SEC approved Referral Partners are independent, third-party individuals and/or companies, are not subsidiaries, agents, or employees of SEC, are not authorized to make representations, or conduct business on SEC’s behalf, nor commit SEC to any obligation. Any third-party found to be making a claim of legal affiliation with SEC, a representation or commitment on behalf of SEC, or requesting funds on behalf of SEC, will be viewed as having committed fraud and be prosecuted to the fullest extent of the law. If you feel you have encountered an individual or entity committing such fraud, falsely issuing documentation on behalf of SEC, or attempting to collect funds on behalf of SEC, please contact us immediately at fraudprevention@stearnsbank.com.


Customer Support

(320) 202 – 6106

4191 2nd St. S.
St. Cloud, MN 56301