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Reviews, get directions and information for Stearns Bank Equipment Finance Division

Stearns Bank Equipment Finance Division
"Minnesota-based Stearns Bank National Association is a $2.3 billion, independently-owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide, in every state across the U.S. Earning top rankings as one of the nation’s highest-performing banks by American Banker, and most recently ranked ninth in the U.S. among banks having more than $1 billion in assets by Independent Banker’s May 2021 Best of the Best ranking of banks with the highest 3-year average Return on Assets, Stearns Bank specializes in nationwide commercial construction lending, USDA and SBA lending, and small business and equipment financing.We get the job done!"
Address: 500 13th St, Albany, MN 56307, USA
Phone: (800) 247-1922
State: Minnesota
County: Stearns County
Zip Code: 56307



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Reviews
They are so nice on the phone and any actual business you need to do with them is completely terrible. They will happily take your money but if you need anything switched or changed - good luck. Doesn’t matter how long you pay your payments on time - expect nothing. I would NEVER in a million years do business with them again.
This is the worst bank I have ever delt with.... the customer service is absolutely terrible ...no one knows anything ..... they want to talk to you like they are your parent....it seems like Melissa hates her job and another guy I can't remember his name is a jerk.. I advise you not to use them...
I work with Nate weekly and he never fails to give the absolute best service! He has the most positive attitude and always has the best communication!
Nate Fischer was a pleasure to work with and extremely knowledgable throughout the whole process. Straightforward and easy to work with from start to finish. Highly recommend for any equipment financing needs. Looking forward to working with Stearns Bank in the future!
DO NOT WORK WITH THIS BANK! READ ABOUT ALL THEIR FEES. They charge $25 to mail a check payment. If you are paying late then the app adds the next month and won't let you just pay the amount due. This forces you to pay them by phone for an extra $20 even though you are already paying an extremely high late fee. In our case over $600. Sometimes business is slow and the payment is delayed. They will try to get you with fees wherever they can.
Nate is very helpful. He made sure I understood everything and made everything seem seamless!
I am a dealership in New Jersey. Has my pleasure in dealing with Austin Johnson I’m getting funded on a car we are selling to a mutual customer. I received most professional but at the same time personal service anyone can ask for. I deal with million banks and they are nothing but problems. All best time.
I started working with Zach Noreen about 3 months back for financing 4 Trucks. Right from the beginning, he was prompt, courteous, understanding & supportive. The entire process for closure took us a long time not because of any fault of Stearns bank or of Zach' & during the entire process, he held our hand, was helping me at every step and worked with me like a partner. I was and I am very impressed with how Zach took care of our company and I will make sure that I give him a call when financing my next truck. Thank You Zach, it was a pleasure working with you.
I contacted Stearns regarding an SBA loan PPP. Simply put, they did an outstanding job. The tech side was easy and reliable. I uploaded all info to the site without issue. Their communication throughout was great. The one time I called they immediately answered and I was able to talk to Brooks, my contact. All around great job. They handled the loan and were a pleasure to work with. Very impressed and highly recommended.
Excellent service, Excellent Customer care. They go above and beyond to make sure you are taken care of. I have used this company on 3 separate occasions to finance equipment and never have they let me down. The process is so smooth and as always simple. I recommend them to everyone and will always use them as long as they stay exactly how they are. Thanks to all the Stearns Bank family especially Nancy Stoermann for your professionalism and great attitude.
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