South End Capital, a division of Stearns Bank N.A., a 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 one-page application.

South End Capital offers new and used equipment financing with rates starting in the 4 percent range and terms up to 60 months. "As a division of a bank we're able to offer equipment financing to established and start-up businesses in all 50 states and Washington, D.C." said Noah Grayson, President of South End Capital. "Borrowers can expect a streamlined, low documentation process powered by the latest technology and hands-on personal service."

The terms of South End Capital's equipment financing program are customized and creatively structured to match a business’ cash-flow cycle, and equipment financing is available from $10,000 to more than $5 million (purchase or refinance). In many cases, 100 percent of the purchase price of the equipment can be financed with 0 percent down-payment or capital injection from the borrower. South End can provide equipment financing to most entity types, including sole proprietors, and differentiates itself by financing dealer and private-party sales.