6.86% 6.05%
On 20-Year Fixed-Rate Loans: On 10-Year Fixed-Rate Loans:
(Plus Program Fees of 0.89%) (Plus Program Fees of 1.07%)
10-year debentures to fund again in January.
(Interest rates subject to change) .
A 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.
 
FREE MBFC SIGNAGE FOR YOUR LENDING INSTITUTION
Now MBFC is making it easy to inform your customers about the benefits of SBA 504 loans. Click Here to download or order.
PAYMENT CALCULATOR
 
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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