Category Archives: Announcements

SBA 504 Fee Reduction for FY2016

On September 28,2015, SBA announced a fee reduction for the SBA 504 Loan program effective October 1, 2015.  This change is applicable to all SBA 504 Loan approvals dated after October 1, 2015. 2 fees are being reduced: 1.) The one-time Guaranty Fee that SBA … More »

Still Time To Register For West Central MN’s Lunch and Learn

Minnesota Business Finance Corporation (MBFC), West Central Initiative (WCI) and West Central Minnesota Small Business Development Center (WC MN SBDC) invite you to a complimentary luncheon called Lunch, Learn and Link! Friday, September 18, 2015 Barry Auditorium, Concordia College-Moorhead, MN 11:30 … More »

SBA 7(a) Program Shutdown Looming

It appears, given the current rate of SBA 7(a) loan approvals, the SBA 7(a) program may be shutting down soon for the remainder of the fiscal year. Realistically, once the program is up and running again, there will be quite … More »