News & Events

Stay in the know with MBFC.

For changes and new opportunities in the SBA world, Minnesota Business Finance Corporation is here to keep you informed. Be sure to visit this page for frequent updates about events and news both near and far. And if you haven’t signed up yet, be sure to add yourself to our email list, where new rates will be delivered right to your inbox.

Job Posting

Come Work For the Top CDC in Minnesota!   Minnesota Business Finance Corporation (MBFC) is the #1 statewide Certified Development Company, originating and servicing SBA 504 fixed asset commercial loans in partnership with the U.S. Small Business Administration...

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UPDATE to CARES Act Section 1112 Payment Subsidies

On February 16, 2021, SBA issued a Procedural Notice (Click here for SBA Procedural Notice 5000-20095) detailing reduced debt relief benefits to 7(a), 504, and Microloan Programs due to insufficiency of funds. SBA has determined that the original $3.5 billion,...

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Economic Aid ACT – New COVID19 Relief

With the Economic Aid Act-New COVID Relief, there will be exciting changes coming to the SBA 504 Loan Program! Information is limited at this time and will be forthcoming from SBA. Stay tuned to MBFC as your information source for additional email updates and lender...

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Urgent Update! Congressional COVID Relief Package

This is preliminary information shared by NADCO, details to follow in coming weeks.   Greetings from MBFC, Congress passed a sweeping year-end bill to provide long-delayed coronavirus relief and continued government funding, capping off a months-long fight for...

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Awards and Recognition

MBFC finalized an award winning year for SBA 504 loans across our region. Listed below are some of the top highlights. Our Annual Meeting was held online on Wednesday, October 28th. MBFC was recognized by the U.S. SBA Minnesota District Office as the 2020 Top CDC of...

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