MBFC LENDER’S LOYALTY REWARDS PROGRAM
MBFC would like to thank our lenders for their continued loyalty! With your continued partnership in helping to promote economic growth in each of your communities utilizing MBFC and the SBA 504 Loan Program, we have created more than 26,000 jobs in the state of MN and funded over $717.9 Million in SBA 504 loans!
The following is based on accrued loan volume per individual lead lender throughout each fiscal year with MBFC*:
Loan Volume and Gift Card Paid to Lead Lender
Per MBFC/SBA Loan Approval
$1,000,000 or less $1,000,001-$3,000,000 $3,000,001 or more
$50 Amazon gift card $100 Amazon gift card $150 Amazon gift card
MBFC Lender Of The Year
MBFC’s Lender with the highest dollar amount in SBA 504 loans approved by MBFC/SBA during a fiscal year (Oct. 1- Sept. 30) will be named MBFC Lender of the Year. MBFC’s Lender of the Year will be rewarded with an all-expense paid trip to the NationalAssociation of Development Companies’ Annual Conference (NADCO)! The trip will include conference registration, airfare, four-night hotel stay and meals for two people.**The MBFC Lender of the Year will be announced during MBFC’s annual meeting in October
*Awards are paid out upon MBFC/SBA loan approval. Dollar amounts are limited to one fiscal year, starting Oct. 1. All determinations are made by MBFC. Prizes are subject to change under the discretion of MBFC (in case of unforeseen circumstances). As an option for those who cannot accept the reward, MBFC can donate the prize to a charity of lender’s choice on behalf of lender’s company.
**MBFC credits each debenture dollar approved during the Fiscal Year (October 1-September 30) to the individual lending branch or office where the loan originated, whether or not the loans came through one or more lenders. The winning financial institution may select a 504 origination officer from their location to accept the award. Any application received during the FY that have not yet been approved will carry over into the following FY.
Contact your Business Development Officer to learn more.