News & Events
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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.
MBFC presented an economic development grant to a program operated under the Wright County Economic Development Partnership and the Wright Tech Center (WTC). The "Creating Entrepreneurial Opportunities" (CEO) class is a training program offered to a small group...read more
Lender Small Business Excellence Award On Friday, May 10th, 2019, Jay Johnson was awarded a Lender Small Business Excellence Award at the 56th Small Business Week Awards Recognition Event in Minneapolis, MN. Jay Johnson has been in the Health Care Industry since...read more
MBFC awarded a grant to Community and Economic Development Associates (CEDA) located in Chatfield, MN. Michelle Mueller presented the check to Ron Ziegler. This contribution supports CEDA and their mission to assist communities with strategic growth and development....read more
Minnesota Business Finance Corporation (MBFC) presented an economic development grant to Greater Bemidji, Inc. Pictured below: Mike Stearns met with Tiffany Fettig for presentation of the grant check at her office. Stearns is Vice President of Business Development for...read more
Topics covered: SOP Updates, 504 REFI, Mitigate Lending Risk, 504 Expansion+REFI REGISTER via Email email@example.com or by Calling 1-800-593-0123 All Training Times held from 9:00-11:00 AM. Moorhead - Completed Bemidji - Completed Duluth - Tuesday, April 30th -...read more
The SBA 504 Loan Program provides a great benefit for the borrower with low down payment and fixed rate options! The SBA 504 & SBA 7(a) programs also work great together when there’s a mix of project costs with the acquisition. The 504 Loan Program is a great...read more
At Minnesota Business Finance, it’s business as usual - we’re hard at work for our customers getting applications approved at our loan committee level and ready for SBA submission just as soon as SBA reopens. In the meantime, if lead lenders are needing to close on a...read more
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 will be available until July 20,...read more
(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...read more