Author Archives: Jana' Nyholm

MBFC SBA 504 Update Lender Training!

MBFC 2018 SBA 504 Update Lender Training: MBFC is launching our 2018 SBA 504 Update Lender Training in 7 cities across Minnesota. Please join us to get an update on the SBA 504 program, including the new SOP 50 10 … More »

Financing Business Acquisitions

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 … More »

MBFC’s FY2017 Annual Membership Meeting

MBFC FY2017 Annual Membership Meeting Minnesota Business Finance Corporation (MBFC) held the FY2017 Annual Membership Meeting on Oct. 26th, 2017 at the Courtyard Marriott in St. Cloud, MN. Thank You to our Board of Directors, Membership, Lenders, Economic Developers and Government Officials for a very successful … More »

Olde Brick House Awarded MBFC’s VetLoan Advantage Rebate

Minnesota Business Finance Corporation (MBFC) is honored to present Steve Letnes, of Olde Brick House, 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. … More »