Yearly Archives: 2019

LENDER TRAINING: Coming Soon Near You

MBFC Lender Training on SBA 504 Loan Updates is HERE! (8 Dates!) REGISTER HERE: SBA 504 Loan UPDATES New SOP 50-10(5)(K) ATTENTION: Commercial Lenders, Bank Lending Staff, Economic Developers, Small Business Development Officials! Have you heard? SOP 50-10(5)(K) becomes effective … More »

MBFC Now Able To Do Business In: WI, IL, IN, MI, OH

Have You Heard About SBA’s 504 Rural Initiative Pilot Program? As of July 18, 2018, SBA launched the 504 Loan Program Rural Initiative. This allows CDC’s to make loans outside of their SBA approved area of operations. The pilot program … More »

Grant Awarded to Alexandria Area EDC

(Pictured: Joe Kammermeier, Vice President of Business Development of MBFC with Nicole Fernholz, Executive Director of AAEDC) Grant Presented to Alexandria Area EDC Minnesota Business Finance Corporation (MBFC) recently gave an economic development grant to Alexandria Area Economic Development Commission … More »