Stearns Bank National Association equipment loans in Colorado

Stearns Bank National Association holds 38 active equipment financing statements against 32 businesses in Colorado, according to public UCC filings. 1 new filings were recorded in the last 12 months, down 89% on the year before. 12 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 32% of the book. Construction is the largest equipment type, at 11%. Banks and credit unions hold 100%, more than captives and independents. That makes it the number 287 equipment lender in the state by active filings, with 0.1% of lender-held filings. It is classed as bank.