Stearns Bank Equipment Finance Division recently purchased two more portfolios of performing small ticket leases, for a total of seven so far in 2011.
The Albany, MN-based Equipment Finance Division has provided nationwide equipment lease financing programs in multiple industries for more than 30 years.
Stearns Bank, is an independent and employee-owned Minnesota bank with $1.4 billion in assets and $247 million in capital.
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Terry Mulreany
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