News & Events

Stay in the know with MBFC.

For changes and new opportunities in the SBA world, we’re here to keep you informed. Be sure to visit this page for frequent updates about events and news both near and far. And if you haven’t signed up yet, be sure to add yourself to our email list, where new rates will be delivered right to your inbox.

MBFC is Approved for SBA 504 Loans STATEWIDE in North Dakota!

MBFC is excited to announce that we’re now STATEWIDE in NORTH DAKOTA!  What this means to you, is that lending partners and small business owners from Fargo to Medora, Grafton to Williston, Wahpeton to Scranton can now use MBFC as their SBA 504 partner to assist in...

read more

SBA, MBFC, and Rep. Stauber to Visit Lindar Corporation

MINNEAPOLIS – On Tuesday, April 12, 2022, the U.S. Small Business Administration’s Minnesota District Director Brian McDonald will visit Lindar Corporation in Baxter as part of a statewide tour highlighting the local successes of the 504 loan program. During this...

read more

MBFC VetLoan Rebate Presented to Eric’s Excavating, Inc.

MBFC presented a $3,000 rebate to Eric and Hilary Johnson, owners of Eric's Excavating, as part of the MBFC VetLoan Advantage Rebate. MBFC is the only Certified Development Company in the Midwest to offer a rebate to business owners that are active or retired members...

read more

MBFC Opens New North Dakota Division

Welcome Pam Burnside   MBFC is pleased to announce the opening of our North Dakota Division and the addition of Pam Burnside as MBFC’s Vice President of Business Development located in West Fargo, ND.  Pam joined MBFC’s award winning team in November and is...

read more

Honoring National Veterans Small Business Week!

Columbia Precision Machine Corp. Presented with MBFC VetLoan Advantage Rebate MBFC is honored to present Keith Johnson, owner and President of Columbia Precision Machine Corporation in Eagan, MN, with a $3,000 VetLoan Advantage rebate check.  Michelle Mueller, MBFC...

read more

MBFC Celebrates FY2021 Annual Membership Meeting

MBFC held their Annual Membership Meeting on Thursday, October 28th to celebrate a record breaking year of SBA 504 success! The company was highlighted by the SBA Minnesota District Office in September for being the Certified Development Company of the year for 2021...

read more

MBFC Wins 7th MN CDC Lender of the Year Award

MBFC President & CEO, Tom Saehr, and Nadene Kruize, Senior Vice President, were presented the Lender of the Year award, based on loan volume, at the SBA Minnesota Lender's Conference, on Thursday, September 9th, in Minneapolis, MN. This is the 7th consecutive...

read more

Great News! SBA 504 Loan Fees Are Dropping For FY2022

Each year SBA reviews certain fees payable to SBA by 504 borrowers to determine if any of those fees need to be adjusted to cover the estimated subsidy costs of the 504 loan program.  SBA has announced that the following fees are effective for loans approved October...

read more

SBA 504 Loan Program Reaches Lending Cap

Shared by MBFC on behalf of NADCO, 9/7/2021 The U.S. SBA has notified NADCO that the regular 504 loan program, including 504 debt refi with expansion, has reached its congressionally authorized cap of $7.5 billion. As NADCO and SBA have previously communicated, the...

read more

Sign up for email updates.