by Jana' Nyholm | Nov 19, 2019 | Announcements
Minnesota Business Finance Corporation (MBFC) recently awarded a grant to Greater Fergus Falls Corp. Pictured below, Mike Stearns, Vice President of MBFC presents the grant check to Annie Deckert, CEO of Greater Fergus Falls Corp. MBFC is the only certified...
by Jana' Nyholm | Nov 15, 2019 | Announcements, Events
MBFC celebrated its FY2019 Annual Membership Meeting on Thursday, October 31, 2019 at Resource Training & Solutions located in Sartell, Minnesota. The meeting reviewed the results of the fiscal year by showing our Board of Directors, Members, Lenders, and...
by Jana' Nyholm | Oct 2, 2019 | Announcements
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...
by Jana' Nyholm | Sep 17, 2019 | Announcements
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...
by mbfc | May 8, 2018 | Announcements
Grant Awarded to IEDC of Grand Rapids Minnesota Business Finance Corporation (MBFC) presented an Economic Development grant to Itasca Economic Development Corporation (IEDC) based out of Grand Rapids, MN. Terry Stein, Vice President of MBFC, was on hand to deliver the...
by mbfc | May 1, 2018 | Announcements, Industry Insights
MBFC Grant Awarded to Metropolitan Consortium of Community Developers Minnesota Business Finance Corporation (MBFC) announces that a grant was presented to Metropolitan Consortium of Community Developers (MCCD) in April on behalf of their request for support for the...
