Author Archives: Jana' Nyholm

City of Wyoming EDA Receives a Grant from MBFC!

Minnesota Business Finance Corporation (MBFC) recently presented a grant to the City of Wyoming Economic Development Authority (EDA). Terry Stein, Vice President of Business Development of MBFC, met with Nancy Hoffman, Executive Director of Chisago County HRA/EDA, to present the award. MBFC is … More »

MBFC Exhibits at the EDAM Winter Conference

Minnesota Business Finance Corporation (MBFC) attended the Economic Development Association of Minnesota (EDAM) Winter Conference held at the Marriott in Brooklyn Park, Minn. on January 19th-20th, 2017. Pictured at the exhibit table: Nadene Kruize, MBFC’s Senior Vice President with Carol … More »

Brainerd Glass Awarded MBFC’s VetLoan Advantage Rebate!

Brainerd Glass Company Awarded MBFC’s VetLoan Advantage Rebate! Minnesota Business Finance Corporation (MBFC) is pleased to present a VetLoan Advantage Rebate of $3,000 to Charles Deutsch, President, of Brainerd Glass Company. MBFC is the only Certified Development Company (CDC) in … More »

SBA 504 Refinance CHANGES!

SBA has made favorable changes to the SBA 504 Refinance Program! Eligibility – New Business Definition The borrower must have been in operation for 2 years as of the application date evidenced by financial statements submitted with the application.  Any … More »