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.

Still Time to Register for MBFC's 2019 SBA 504 Loan Training!

Topics covered: SOP Updates, 504 REFI, Mitigate Lending Risk, 504 Expansion+REFI REGISTER via Email  rsvp@dev.wondrkind.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 -...

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MBFC Now Able To Do Business In: WI, IL, IN, MI, OH

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,...

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Grant Awarded to Alexandria Area EDC

(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...

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Partner Buyout Stock Purchase – SBA 504 ELIGIBLE!

Partner Buyout Stock Purchase - SBA 504 ELIGIBLE! Didn't think a partner buyout stock purchase was SBA 504 eligible? It certainly can be! MBFC just processed a $5 Million Dollar Partner Buyout Stock Purchase that was approved by SBA in 4 business days AND the SBA 504...

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MBFC Mentioned in Article: MN Lenders Helping Businesses,

Below is a recent article from Finance & Commerce.  F&C published a recognition piece by the SBA regarding Lenders in Minnesota which are helping small businesses. MBFC is a Certified Development Company licensed by the SBA to do loans through the U.S. SBA 504...

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MBFC’s FY2018 Annual Membership Meeting Highlights

Minnesota Business Finance Corporation (MBFC) held their FY2018 Annual Membership Meeting on Thursday, November 29, 2018 at the Courtyard Marriott in Saint Cloud, Minnesota. Thank you to our Board of Directors, Membership, Lenders, Economic Development Officials, and...

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