by mbfc | May 10, 2019 | Uncategorized
MBFC awarded a grant to Community and Economic Development Associates (CEDA) located in Chatfield, MN. Michelle Mueller presented the check to Ron Ziegler. This contribution supports CEDA and their mission to assist communities with strategic growth and development....
by mbfc | Apr 30, 2019 | Uncategorized
Minnesota Business Finance Corporation (MBFC) presented an economic development grant to Greater Bemidji, Inc. Pictured below: Mike Stearns met with Tiffany Fettig for presentation of the grant check at her office. Stearns is Vice President of Business Development for...
by mbfc | Mar 7, 2019 | Uncategorized
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 –...
by mbfc | Feb 14, 2019 | Uncategorized
The SBA 504 Loan Program provides a great benefit for the borrower with low down payment and fixed rate options! The SBA 504 & SBA 7(a) programs also work great together when there’s a mix of project costs with the acquisition. The 504 Loan Program is a great...
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...
