by mbfc | Jan 31, 2018 | Announcements, Events, Training
REGISTER SOON: MBFC’s 2018 SBA 504 Update Lender Training: If you have already RSVP’d, and received a confirmation, thank you! We look forward to seeing you soon. MBFC is launching our 2018 SBA 504 Update Lender Training in 7 cities across Minnesota....
by mbfc | Jan 29, 2018 | Announcements
Expedited Turn Time on SBA 504 Approvals Attention Lenders: If you’re being advised to close without a SBA 504 Loan Authorization, SBA approval on appraisal and environmental – you’re taking on unneeded risk! At MBFC, our strong commitment to...
by mbfc | Jan 24, 2018 | Industry Insights
Attention Lenders! Do you need help with borrower contribution on your client’s projects and would still like to take advantage of the low down payment and long term fixed rates that a SBA 504 Loan can offer? Gap lending can be used as part...
by mbfc | Jan 12, 2018 | Uncategorized
ATTENTION SBA 7a LENDERS: Recent SBA SOP 50 10 5(J) has significant changes in regard to financing business acquisitions. If a seller carry back note is part of your equity requirement – SELLER HAS TO BE ON FULL STANDBY for the life of the loan with the SBA 7a...
