South End Capital, a division of Stearns Bank N.A. reported robust equipment financing activities for the month of October.

Key October Funding Highlights:

Number of Financings: 658
Total Financings: $46 million

South End Capital's customized term and payment options match a business’s cash-flow cycle, and its innovative financing portal and live personal support enable it to issue financing approvals in hours, and fund in less than a day.

Featured Financings:

Athletic Club

• Funding Amount: $125,185
• Terms: 9.03 percent Rate, 5-Year Term
• Gym Equipment Purchase

Excavating Co.

• Funding Amount: $53,650
• Terms: 8.68 percent Rate, 5-year Term, 12-month Early Buy-out
• Excavator Equipment Purchase

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.