Author Archives: Jana' Nyholm

SBA 504 Refinance Program Changes!

The Small Business Administration (SBA) has published the final rule for SBA 504 Debt Refinancing without expansion under the 504 program.  The final rule is effective TODAY, June 6, 2018.  With the final rule published, there are positive modifications to … More »

MBFC SBA 504 Update Lender 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 … 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 »