MBFC Awarded #1 CDC in Minnesota

On Friday, September 13th, 2019, Minnesota Business Finance Corporation (MBFC) was awarded the top SBA 504 loan company in Minnesota based on loan volume. This is MBFC’s fifth time awarded this honor by the District Office at the MN SBA Lenders Conference. Nancy...

SBA 504 Reduced Fees for FY2020

SBA has just announced the fee structure for SBA 504 loans for FY2020.  The big change is the annual borrower service fee that is built into the SBA 504 effective interest rate which is being REDUCED to 0.3205% (32.05 basis points) for FY2020 of the outstanding...

MBFC Awarded #1 CDC in Minnesota!

MBFC Awarded #1 CDC in Minnesota! Thursday, September 7, 2017 Minnesota Business Finance Corporation (MBFC) was recognized as the Top Certified Development Company (CDC) in Minnesota based on loan volume in SBA 504 loans at the 5th Annual Minnesota SBA Lenders...