S&E Investments, LLC receive MBFC’s VetLoan Advantage Rebate

Pictured: Jason Steffes, Joe Kammermeier, Keith Eisenschenk, Brenda Eisenschenk

Minnesota Business Finance Corporation (MBFC) is honored to present Jason, Keith, and Brenda our VetLoan Advantage Rebate of $3,000. This Rebate is part of the Strategic Initiative of the National Association of Development Company’s (NADCO) VetLoan Advantage program. MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners that are active or retired members of Military Service.

S&E Investments, LLC purchased a commercial building in Sauk Rapids, MN. Jason Steffes and Keith Eisenschenk own Tech X Direct, LLC an online retailer of various product lines with an emphasis on fireplace and hearth technology. Keith and Brenda Eisenschenk own Inteleconnect, Inc. which is a telecommunications consulting business. Brenda is the founder and President. With the new commercial property, both Inteleconnect and Tech X Direct will move to this location.

Keith was a member of the Airforce Reserves for 9 years based out of Minneapolis. He focused on Civil Engineering projects such as repairing runways. Thank you for your service to our country! For additional information or to inquire about MBFC’s VetLoan Advantage Rebate program please contact your MBFC Business Development Officer today

New Job Posting, Vice President Business Development Officer

Vice President, Business Development Officer


 

Minnesota Business Finance Corporation (MBFC) is a statewide Certified Development Company, originating and servicing SBA 504 fixed asset commercial loans in partnership with the U.S. Small Business Administration since 1983 covering the entire state of Minnesota and select counties in North Dakota and Wisconsin.

Due to a recent retirement, we have an immediate full-time opening for an experienced Business Development Officer. Business development activities include calling on bank/lending and economic development partners, prospects and existing borrowers.  This positions emphasis will be on Northern MN counties and other areas as determined.  This position will evaluate and recommend approval of SBA 504 Loan Applications.  This position will also conduct and facilitate timely loan closings and fundings.

Qualifications:

  • Minimum 5-7 years commercial lending experience.  SBA lending experience is preferable.
  • Four year college degree in business, finance or related field.
  • Proven business development skills.
  • Exceptional oral, written and interpersonal skills.
  • Ability to analyze business financial statements.
  • Excellent time management skills.
  • Detail oriented.

MBFC offers competitive salaries and benefits, with opportunities for growth and advancement.


Please send your resume and cover letter to:

Nadene Kruize, Senior Vice President, Minnesota Business Finance Corporation, 616 Roosevelt Road, Suite 200, St. Cloud, MN 56301 or nkruize@mbfc.org.

Dairy Queen of Roseau Receives MBFC’s $3,000 VetLoan Advantage Rebate

(Pictured: Chuck Nordquist, Vice President-MBFC, Orlando Peralta, Owner/Military Veteran, and Andrew Peralta, Owner, holding their youngest customer Aria, his 4 week old daughter.)

Dairy Queen of Roseau Receives MBFC’s VetLoan Advantage Rebate

Minnesota Business Finance Corporation (MBFC) is honored to present Orlando Peralta and Andrew Peralta, owners of Dairy Queen of Roseau, MN, our VetLoan Advantage Rebate of $3,000. This Rebate is part of the Strategic Initiative of the National Association of Development Company’s (NADCO) VetLoan Advantage program. MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners that are active or retired members of Military Service.

Orlando is a member of the Minnesota Army National Guard.  The brothers have worked with the DQ franchise since the age of 16. With the help of MBFC utilizing the SBA 504 Loan Program in partnership with Unity Bank North, Orlando and Andrew purchased the existing Dairy Queen store in Roseau, MN. Andrew also owns the Thief River Falls DQ restaurant. Roseau is about 60 miles from Thief River Falls and located in Northern Minnesota.  Recently the Roseau Dairy Queen has been remodeled with interior and exterior renovations in the new look of “DQ Grill & Chill” style.

Dairy Queen of Roseau is a successful franchise for the Peralta brothers and being positioned along a major highway attracts visitors and locals! We thank Orlando for his service to our Country’s Military and are honored to present them with this rebate. For more information about DQ of Roseau or a map of their location please click HERE.

For additional information or to inquire about MBFC’s VetLoan Advantage Rebate program please contact your MBFC Business Development Officer today!

 

 

Minnesota Heritage House, of Kimball, MN Presented with MBFC’s VetLoan Advantage Rebate

(Pictured: Nadene Kruize, Senior Vice President-MBFC, Jim and Kathy Birchem of Minnesota Heritage House)

Minnesota Heritage House, of Kimball, Presented with MBFC’s VetLoan Advantage Rebate!

Minnesota Business Finance corporation (MBFC) is honored to present Jim and Kathy Birchem of Minnesota Heritage House in Kimball, MN, MBFC’s VetLoan Advantage rebate check for $3,000.  MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners that are active or retired members of military service.

Owner, Jim Birchem, served in the United States Army from 1972-1974. He was also active in the National Guard from 1983-2007 and retired as a Sergeant Major.  The U.S. flag Jim and Kathy are standing next to is a treasured afghan created by Kathy’s late Aunt, Jennie Tuttle. Kathy’s Aunt created one of these for each of Jim and Kathy’s facilities, 18 in all!  

With the help of Minnesota Business Finance utilizing the SBA 504 Loan Program in partnership with Granite Community Bank of Cold Spring, Jim and his wife Kathy purchased an adjacent parcel to their existing 18-unit assisted living facility in Kimball, MN and added the newly constructed 16-unit assisted living addition.  Jim and Kathy, inspired by their Christian values and beliefs, believe in providing options in health care that will enable seniors to remain in their local communities.  Jim and Kathy were happy to take advantage of the 20 year fixed rate and the reduced down payment requirement that MBFC could offer with the SBA 504 Loan Program.

At MBFC, we believe in supporting veterans and improving our communities by providing more affordable funding for both existing and start-up businesses.  MBFC’s VetLoan Advantage Program compliments the Small Business Administration’s (SBA) veteran loan strategic initiatives!

 For more information about Heritage House click here!