Category Archives: Announcements

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 »

Expedited Turn Time on SBA 504 Approvals

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 customer service has … More »

MBFC Presents a Grant to Itasca Economic Development Corporation

MBFC Presents a Grant to Itasca  Economic Development Corporation On Thursday, August 10th, Minnesota Business Finance Corporation (MBFC) presented a grant contribution to Itasca Economic Development Corporation (IEDC). MBFC’s Terry Stein, Vice President of Business Development presented the check to … More »

Grant Presented to the City of Maple Lake

Minnesota Business Finance Corporation (MBFC) awarded a $500.00 economic development grant to the City of Maple Lake. Lynn Kissock-Mayor of Maple Lake, Joe Kammermeier-VP Business Development of MBFC, and Lee Ann Yager-City Clerk of Maple Lake are pictured during presentation … More »

MBFC Welcomes Mike Stearns, Vice President Business Development Officer

Mike Stearns, Vice President Business Development Officer, MBFC Detroit Lakes Office MBFC Welcomes Mike Stearns, Vice President Business Development Officer! MBFC is pleased to welcome Mike Stearns, Vice President Business Development Officer. Stearns joins MBFC with 20 years commercial lending experience, … More »