News & Events
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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’s FY2017 Annual Membership Meeting
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...
Olde Brick House Awarded MBFC’s VetLoan Advantage Rebate
Minnesota Business Finance Corporation (MBFC) is honored to present Steve Letnes, of Olde Brick House, 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...
MBFC Awarded #1 CDC in Minnesota!
MBFC Awarded #1 CDC in Minnesota! Thursday, September 7, 2017 Minnesota Business Finance Corporation (MBFC) was recognized as the Top Certified Development Company (CDC) in Minnesota based on loan volume in SBA 504 loans at the 5th Annual Minnesota SBA Lenders...
University of Minnesota Duluth Center for Economic Development Awarded a Grant from MBFC!
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...
Beds Plus, of Park Rapids, Awarded MBFC’s VetLoan Advantage Rebate
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 Advantage...
Grant Awarded to Southwest Initiative Foundation
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...
Great News! SBA 504 Fee Reduction Announced for FY2018
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...
MBFC Presents a Grant to Itasca Economic Development Corporation
MBFC Presents a Grant to Itasca Economic Development Corporation On Thursday, August 10th, Minnesota Business Finance Corporation (MBFC) presented a grant contribution to Itasca Economic Development Corporation (IEDC). MBFC's Terry Stein, Vice President of Business...
Grant Presented to the City of Maple Lake
Minnesota Business Finance Corporation (MBFC) awarded a $500.00 economic development grant to the City of Maple Lake. Lynn Kissock-Mayor of Maple Lake, Joe Kammermeier-VP Business Development of MBFC, and Lee Ann Yager-City Clerk of Maple Lake are pictured during...