by mbfc | Jul 9, 2018 | Uncategorized
Increasing Interest Rates a Concern? Take advantage of SBA 504! In today’s environment of increasing interest rates, now is the time to help your borrowers take advantage of the 10, 20, and now 25 year fixed interest rates...
by mbfc | Jul 3, 2018 | Uncategorized
Minnesota Business Finance Corporation (MBFC) presented an economic development grant to the Small Business Development Center (SBDC) in Saint Cloud, MN. Nadene Kruize, Senior Vice President of MBFC presented the check to Barry Kirchoff, Director of the SBDC. MBFC...
by mbfc | Jun 27, 2018 | Uncategorized
Minnesota Business Finance Corporation (MBFC) is honored to present a $3,000 VetLoan Advantage Rebate to Matt Imdeke, President and Owner of Central MN Realty. MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners that are...
by mbfc | Jun 6, 2018 | Uncategorized
The Small Business Administration (SBA) has published the final rule for SBA 504 Debt Refinancing without expansion under the 504 program. The final rule is effective TODAY, June 6, 2018. With the final rule published, there are positive modifications to the...
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...
