by MBFC | Sep 28, 2017 | Uncategorized
Wednesday, September 13, 2017, Minnesota Business Finance Corporation (MBFC) awarded an economic development grant to the University of Minnesota Duluth Center for Economic Development (UMDCED). Elaine Hansen, Director-UMDCED and Regional Director, NE & NW Small...
by MBFC | Sep 26, 2017 | Uncategorized
Minnesota Business Finance Corporation (MBFC) is honored to present Kasey and Crystal Krautkremer 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...
by MBFC | Sep 20, 2017 | Uncategorized
Minnesota Business Finance Corporation (MBFC) awarded a grant of $1,500 to the Southwest Initiative Foundation (SWIF) in Hutchinson, MN. Nadene Kruize, Senior Vice President of MBFC presented the check to Diana Anderson, President and CEO of SWIF. MBFC is proud to...
by MBFC | Sep 20, 2017 | Uncategorized
Fee Reduction Announced for the SBA 504 Loan Program! On August 15, 2017, SBA issued SBA Information Notice 5000-1954 and has provided information on the fees for 504 Loans approved during FY2018. These changes are applicable only to loans approved on or after October...
by MBFC | Nov 29, 2016 | Uncategorized
SBA has made favorable changes to the SBA 504 Refinance Program! Eligibility – New Business Definition The borrower must have been in operation for 2 years as of the application date evidenced by financial statements submitted with the application. Any ownership...
by MBFC | Sep 1, 2016 | Uncategorized
Minnesota Business Finance Corporation (MBFC) is honored to present Jason P. Hoffman, co-owner of Hoffman, Hamer & Associates, PLLC, our VetLoan Advantage rebate check for $3,000. MBFC is the only Certified Development Company in Minnesota to offer a rebate to...
