South End Capital a division of Stearns Bank, N.A.

Financial Operations and Advisory
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106 reviews
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Customer Reviews about

South End Capital a division of Stearns Bank, N.A.

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Tom

4.00/5.00

"Ultimately they came through"

Slow to respond. Charge fee's then pass on to another bank. Can't deliver.

UPDATE: After some communication South End Capital (SEC) was ultimately able to facilitate the loan. This was an SBA Loan and SEC passed to NewTek Capital for packing and funding. At no time in the process did SEC or anyone explain to me why it took 3 companies and $25K in fee's to secure the loan. Ultimately when NewTek Capital failed in their commitments South End Capital jumped in took care of me. Fee's charged by SEC were refunded.

The reason I was unable to give a 5 star is that SEC took on the loan process from Mid-Atlantic Commercial Capital (MACC) and then passed it to Newtek Capital. There was no clear communication or understanding why SEC took on business from MACC just to pass to Newtek. As stated they fought to get me the loan but I just don't understand why they would work with a company like MACC.

I will add that SEC was the best of the 3 companies to work with. I would definitely recommend them and would use them again.

15/08/2019

Roderick V Bone

5.00/5.00

"Matt Naughton"

Matt Naughton, Sr. VP Business Lending, is great to work with. He is highly knowledgable about SBA Lending and gives honest, non-biased advise. When speaking with him, there is no hidden agenda. He's a genuine person!!!!! 10 stars for South End Capital, because of Matt!!!

24/07/2019

Hilary Farrell

5.00/5.00

"What lender goes above and beyond to…"

What lender goes above and beyond to help you find a product that will work for your needs? Until now I haven't had that experience. I know my business and South End Capital knows theirs, Dealing with SEC has been a refreshing new take on 'traditional' lending options..There was a void in the lending market, and SEC has filled it.

18/07/2019

LPLAWSON

5.00/5.00

"After looking far and wide for an SBA…"

After looking far and wide for an SBA product that would help me consolidate outstanding short term loans and reduce my debt service, South End Capital was finally able to get the job done. It required a lot of paperwork - but I now have a loan that cut my monthly payments by over 80%. Before the closing a few unexpected issues arose that threatened the deal. Rich hopped in and worked tirelessly to get the deal closed. He had exceptional follow-up and communications skills. Should I need business financing in the future South End would be stop one (and I have worked with many others previously). They were honest and delivered just what they promised.

10/07/2019

customer

5.00/5.00

"Awesome streamline process"

Awesome streamline process

02/07/2019

Providence Management Enviornmental LLC

5.00/5.00

"They were great to work with."

They were great to work with.

20/06/2019

William E. Harrell, Jr, DMD, C.DSM

5.00/5.00

"Very straightforward application"

Very straightforward application. Matt was 5 star with advice and information so I could make my best decision for funding.

15/06/2019

Pete Phillips & John Elek

5.00/5.00

"Great Expeirence at South End Capital !"

Myron and his underwriting team were the most responsive, prompt and detailed that I have ever dealt with in my 40 years in business lending. I would recommend them to every business that has any financial needs regarding loans. I will always work with them as my lender and tell all of my friends and associates about them.

14/06/2019

Jill

5.00/5.00

"Awesome!!"

Awesome!!!!!

13/06/2019

Donna

5.00/5.00

"Rich was very personable."

Rich was very personable.

13/06/2019
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