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Your Local SBA 504 Experts
Our SBA 504 loan program is designed to help start-up businesses thrive and existing businesses expand and create new jobs. SBA 504 loans offer long-term fixed-rate financing and lower down payments than conventional loans.
MBFC is a nonprofit licensed by the U.S. Small Business Administration as a Certified Development Company serving all of Minnesota and North Dakota in the Midwest. MBFC is also able to assist borrowers in western Wisconsin, southeast South Dakota, and northwest Iowa.
MBFC handles all SBA approval, closing, and loan servicing. Call or visit with MBFC staff to assess your project for SBA eligibility.