by mbfc | Jan 18, 2019 | Uncategorized
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...
by mbfc | Jan 9, 2019 | Uncategorized
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...
by mbfc | Jan 7, 2019 | Uncategorized
(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...
by mbfc | Jan 4, 2019 | Uncategorized
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...
