MBFC Presents VetLoan Advantage Rebate to Northern Peace Funeral Home in Walker, MN

Pictured: Jarrod and Jenelle Mankie, Owners-Northern Peace Funeral Home and Chuck Nordquist, Vice President-MBFC.

Pictured: Jarrod and Jenelle Mankie, Owners-Northern Peace Funeral Home and
Chuck Nordquist, Vice President-MBFC.

MBFC Presents VetLoan Advantage Rebate to Northern Peace Funeral Home in Walker, MN
Minnesota Business Finance Corporation (MBFC) is honored to present Jarrod and Jenelle Mankie of Northern Peace Funeral Home in Walker, MN, MBFC’s VetLoan Advantage rebate check for $3,000.  MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners that are active or retired members of military service.
Owner, Jenelle Mankie, is a 21 year Veteran with service as a Tech Sergeant in the U.S. Air Force including deployment overseas in Turkey. Her husband, Jarrod, was a member of the U.S. Air Force for 2 years before his professional career. The photograph shown above is a commemorative display of Military items in honor of this service located at their business.Mankie’s purchased the funeral home after Jenelle retired from the U.S. Air Force in 2009. They have constructed a new building for Northern Peace Funeral Home in Walker, MN.
The project was done in partnership with Security Bank USA of Bemidji, MN along with an SBA 504 loan through MBFC.At MBFC, we believe in supporting veterans and improving our communities by providing more-affordable funding for start-up and existing businesses.  MBFC’s VetLoan Advantage program complements the Small Business Administration’s (SBA) veteran loan strategic initiatives!

MBFC Presents A Grant To West Central Initiative

(Pictured: Joe Kammermeier, Vice President-MBFC and Dale Umlauf, Vice President-Business and Economic Development-WCI)

(Pictured: Joe Kammermeier, Vice President-MBFC and Dale Umlauf, Vice President-Business and Economic Development-WCI)

On March 16, 2016 Joe Kammermeier, Vice President of MBFC, presented a $1,500 grant to Dale Umlauf, Vice President-Business and Economic Development for West Central Initiative (WCI).

West Central Initiative plans to apply these funds to operation support for their Business Development programs that provide financial and technical assistance to businesses and entrepreneurs.

WCI’s Business Development program offers loans and consulting services to businesses in West Central Minnesota. The primary goal is to strengthen the economy and grow businesses. WCI works throughout the following counties: Becker, Clay, Douglas, Grant, Otter Tail, Pope, Stevens, Traverse, and Wilkin.

For more information and a link to West Central Initiative website please click here.

 

MBFC Awards Grant to Fergus Falls Economic Improvement Commission

Amy Baldwin Fergus Falls
(Pictured: Joe Kammermeier, Vice President-MBFC and Amy Baldwin, Executive Director-FFEIC)

March 16, 2016, Joe Kammermeier, Vice President of Minnesota Business Finance Corporation (MBFC) presented a check for $1,500 to Amy Baldwin, Executive Director of Fergus Falls Economic Improvement Commission (FFEIC).

FFEIC is working in partnership with the “Otter Tail County Rural Rebound Initiative”. This project has three mail goals: recruiting workers needed in the region, with emphasis on the rural rebound population; exchange information and collaborate within the region to encourage labor force growth and economic growth in the county; develop a nationally recognized institute for rural youth leadership that will educate and encourage consideration of careers in the region.

The overall goal is to coordinate efforts to attract, develop, retain and expand the workforce pool in Otter Tail County.

For more information about FFEIC and to follow their program updates clicking here.

 

MBFC Presents a Grant to Wright County Economic Development Partnership

(Pictured: Michelle Mueller, Vice President-MBFC with Duane Northagen, Executive Director-WCEDP)

(Pictured: Michelle Mueller, Vice President-MBFC with Duane Northagen, Executive Director-WCEDP)

Thursday, March 10, 2016 Michelle Mueller, Vice President of Minnesota Business Finance Corporation (MBFC) presented a grant check of $1,500 to Duane Northagen, Executive Director of Wright County Economic Development Partnership (WCEDP).

WCEDP plans to apply the grant funds to their new program called Creating Entrepreneurial Opportunities (CEO). It is a class concept for high school juniors and seniors who are interested in starting and operating their own business. Business participation in this program is essential for funding, mentorship, and 50-60 business visits annually. CEO is an extension of a national program offered through Midland Institute with an emphasis on offering business-prep type courses that are no longer offered in most traditional school settings.

For more information follow their website at: wrightpartnership.org 

MBFC Presents a Grant to Brainerd Lakes Area Economic Development Corporation

BLAEDC

(Pictured: Terry Stein, Vice President-MBFC, Sheila Haverkamp, Executive Director-BLAEDC, and Joe Kammermeier, Vice President-MBFC)

MBFC Presents a Grant to Brainerd Lakes Area Economic Development Corporation

Minnesota Business Finance Corporation (MBFC) recently presented a $1500 grant to Brainerd Lakes Area Economic Development Corporation (BLAEDC) to support two campaigns that BLAEDC is working on in greater Crow Wing County.

Haverkamp stated one goal they have is finding permanent tenants for the Brainerd Industrial Park that is expanding. A huge feature of the Industrial Parks in Brainerd, Baxter, and Pequot Lakes is they are each located a quarter mile or less off of Highway 371! BLAEDC has programs to help grow small businesses and show the benefits available by locating your business in their area.

Their additional project’s purpose is a “Rent a Board” philosophy. This places high level Executives on a committee that can be brought in to help a business work through an issue. Business Executives from the Brainerd Lakes Area are part of this team and would be used on an as-needed project basis. This compliments their “Ask an Exec” initiative that is already a huge success.

These two ideas are reasons MBFC partners with BLAEDC and supports their mission. To learn more about BLAEDC and for quick access to their website, please click on the following link:
GrowBrainerdLakes