WELCOME
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.
 
LATEST FROM MBFC
MBFC Summer 2009 Newsletter – In Your Best Interest
MBFC Fall 2008 Newsletter – In Your Best Interest
MBFC Summer 2008 Newsletter – In Your Best Interest
 
 
4.45% 3.29%
  On 20-Year Fixed-Rate Loans:
  (Plus Program Fees of 1.34%)
On 10-Year Fixed-Rate Loans:  
(Plus Program Fees of 1.62%)  
10-YEAR DEBENTURE TO FUND AGAIN IN MARCH
   (INTEREST RATES SUBJECT TO CHANGE)
To calculate your estimated monthly payment complete the form below and click the "Calculate" button. MBFC finances closing costs to limit borrower out-of-pocket expenses at closing.
 
1 of 4: Project Costs
  Land (or existing building) $
  New Construction/Renovations $
  Equipment $
  Professional Fees/Contingency $
 
2 of 4: Funding Source
  Equity Injection
 
3 of 4: 504 Loan
  Term (Years) 
  Interest Rate (APR%) 
 
4 of 4: Bank Loan
  Term (Years) 
  Interest Rate (APR%) 
 
 
 
 
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