Category Archives: Industry Insights

504 Refi Lender Checklist

MBFC’s SBA 504 Refi Lender Checklist is posted here for your reference: 504 Refi Lender Checklist 5 2016   Contact a MBFC Business Development Officer for additional details.  

SBA 504 Refinance is Here!

SBA 504 Refinance is Here! MBFC President & CEO, Tom Saehr, is attending the NADCO Spring Summit being held in Washington D.C. and has reported some great news! The U.S. Small Business Administration (SBA) has announced it will start processing … More »

MBFC Exhibits at the Moorhead SBDC Business Resource Fair

Tuesday, May 3, 2016 Minnesota Business Finance Corporation (MBFC) attended and exhibited at the Small Business Development Center (SBDC)-Small Business Resource Fair in Moorhead, MN. The SBDC partnered with North Dakota Small Business Administration and MBFC as well as other … More »

SBA 504 Debt Refi Approved by Congress!

SBA 504 DEBT REFI APPROVED BY CONGRESS! After years of advocating on Capitol Hill by commercial real estate industry leaders, the SBA 504 Loan Refinancing Program has been permanently reinstated more than three years after it expired in 2012. Also … More »

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 »