by mbfc | Jan 24, 2018 | Industry Insights
Attention Lenders! Do you need help with borrower contribution on your client’s projects and would still like to take advantage of the low down payment and long term fixed rates that a SBA 504 Loan can offer? Gap lending can be used as part...
by mbfc | Jan 12, 2018 | Uncategorized
ATTENTION SBA 7a LENDERS: Recent SBA SOP 50 10 5(J) has significant changes in regard to financing business acquisitions. If a seller carry back note is part of your equity requirement – SELLER HAS TO BE ON FULL STANDBY for the life of the loan with the SBA 7a...
by mbfc | Nov 13, 2017 | Uncategorized
MBFC FY2017 Annual Membership Meeting Minnesota Business Finance Corporation (MBFC) held the FY2017 Annual Membership Meeting on Oct. 26th, 2017 at the Courtyard Marriott in St. Cloud, MN. Thank You to our Board of Directors, Membership, Lenders, Economic Developers...
by mbfc | Oct 5, 2017 | Uncategorized
Minnesota Business Finance Corporation (MBFC) is honored to present Steve Letnes, of Olde Brick House, our VetLoan Advantage Rebate of $3,000. This Rebate is part of the Strategic Initiative of the National Association of Development Company’s (NADCO) VetLoan...