Posted: August 26, 2022 | By: LendVer Staff – Stearns Bank National Association, a $2.3 billion nationwide financial institution based in St. Cloud, MN, just announced the release of a limited-time 18-month certificate of deposit (CD) with an industry-leading 2.65% APY. Stearns Bank is a commercial bank primarily focused on cultivating and supporting the success [...]

Posted: August 25, 2022 | By: LendVer Staff – In a prior article we discussed what SBA financing is generally, but today we’ll be talking about a lesser known SBA program called SBA Express financing. The SBA Express program is very similar to SBA 7(a) financing and is technically part of that program, but there [...]

Posted: August 2, 2022 | By: LendVer Staff – The central bank announced the second consecutive 75 basis point increase of its benchmark interest rate after the meeting of its Federal Open Market Committee (FOMC) this past Wednesday. The two back-to-back 75 basis point rate increases are the most aggressive ever enacted. Jerome Powell, chair of [...]