Monthly Archives: January 2019

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 »

Partner Buyout Stock Purchase – SBA 504 ELIGIBLE!

Partner Buyout Stock Purchase – SBA 504 ELIGIBLE! Didn’t think a partner buyout stock purchase was SBA 504 eligible? It certainly can be! MBFC just processed a $5 Million Dollar Partner Buyout Stock Purchase that was approved by SBA in … More »