by MBFC | Feb 3, 2016 | Announcements, Events
Grant Awarded to UMD Center for Economic Development Wednesday, February 3, 2016 Terry Stein, Vice President of Minnesota Business Finance Corporation (MBFC) presented a grant for $1500 to Elaine Hansen, Director of UMD Center for Economic Development. The UMD Center...
by MBFC | Dec 18, 2015 | Announcements, Events, Industry Insights
SBA 504 DEBT REFI APPROVED BY CONGRESS! After years of advocating on Capitol Hill by commercial real estate industry leaders, the SBA 504 Loan Refinancing Program has been permanently reinstated more than three years after it expired in 2012. Also known as the...
by MBFC | Nov 4, 2015 | Announcements, Events
MBFC LENDER OF THE YEAR: BankVista, Sartell, MN Minnesota Business Finance Corporation (MBFC) is pleased to announce that the FY2015 MBFC Lender of The Year Award was given to BankVista at the FY2015 MBFC Annual Meeting. MBFC’s Third Party Lender of the Year...
by MBFC | Nov 4, 2015 | Announcements, Events
(Pictured: Tom Saehr, President & CEO, MBFC, Benjamin Winchester, Guest Speaker-Senior Research Fellow, University of MN Extension Office and Nadene Kruize, Senior Vice President, MBFC) MBFC Highlighted Success at FY2015 Annual Meeting in Saint Cloud...
by MBFC | Sep 30, 2015 | Announcements, Events
Minnesota Business Finance Corporation is pleased to announce the winner of the drawing from all the entries received at the MN SBA Lenders Conference on Thursday, September 3, 2015. Steve Johnson of BankCherokee won a new FitBit fitness tracker! Johnson is thrilled...
by MBFC | Sep 29, 2015 | Announcements, Events, Industry Insights
On September 28,2015, SBA announced a fee reduction for the SBA 504 Loan program effective October 1, 2015. This change is applicable to all SBA 504 Loan approvals dated after October 1, 2015. 2 fees are being reduced: 1.) The one-time Guaranty Fee that SBA charges,...
