Minnesota Business Finance Corporation has been originating SBA 504 loans for small businesses across Minnesota since 1983.
Even in a tight economy, you can keep your business moving forward.
This is where financing meets ambition. This is MBFC.
MINNESOTA's CERTIFIED DEVELOPMENT COMPANY
Minnesota Business Finance Corporation (MBFC) is a Certified Development Company authorized by the U.S. Small Business Administration to originate and service SBA 504 loans. The SBA 504 loan program is “the money that makes America work.” As a nonprofit CDC, MBFC, a member of the National Association of Development Companies (NADCO), promotes economic development throughout Minnesota.
THE PROGRAM: SBA 504
The SBA 504 loan program is economic development financing specifically designed to stimulate private-sector investment in long-term fixed assets to increase productivity, create new jobs and increase the local tax base. This is done by providing long-term, low down payment, reasonably priced, fixed-rate loans to businesses which have the highest probability of successfully creating new jobs and competing in the world marketplace.