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 FY2015 Annual Membership Meeting
(Pictured: Tom Saehr, President & CEO, MBFC, Benjamin Winchester, Guest Speaker-Senior Research Fellow, University of MN Extension Office and Nadene Kruize, Senior Vice President, MBFC) MBFC Highlighted Success at FY2015 Annual Meeting in Saint Cloud...
Cass County EDC Awarded Membership Matching Grant!
Pictured: Chuck Nordquist, Vice President Business Development of MBFC and Jeff Sheldon, Lake Country Power/Treasurer of Cass County EDC. Cass County Economic Development Corporation (EDC) Awarded Membership Matching Grant On Friday, October 2, 2015, Chuck Nordquist...
MBFC Congratulates Steve Johnson of BankCherokee; FitBit drawing winner!
Minnesota Business Finance Corporation is pleased to announce the winner of the drawing from all the entries received at the MN SBA Lenders Conference on Thursday, September 3, 2015. Steve Johnson of BankCherokee won a new FitBit fitness tracker! Johnson is thrilled...
SBA 504 Fee Reduction for FY2016
On September 28,2015, SBA announced a fee reduction for the SBA 504 Loan program effective October 1, 2015. This change is applicable to all SBA 504 Loan approvals dated after October 1, 2015. 2 fees are being reduced: 1.) The one-time Guaranty Fee that SBA charges,...
MBFC Highlighted at MN SBA Lenders Conference Awards! Top CDC in MN!
Minnesota Business Finance Corporation (MBFC) was recognized as the top Certified Development Company (CDC) in Minnesota at the MN SBA Lenders Conference Awards Luncheon on September 3, 2015. Nancy Libersky, District Director of the MN SBA office congratulated MBFC on...
Still Time To Register For West Central MN’s Lunch and Learn
Minnesota Business Finance Corporation (MBFC), West Central Initiative (WCI) and West Central Minnesota Small Business Development Center (WC MN SBDC) invite you to a complimentary luncheon called Lunch, Learn and Link! Friday, September 18, 2015 Barry Auditorium,...
SBA 7(a) Program Shutdown Looming
It appears, given the current rate of SBA 7(a) loan approvals, the SBA 7(a) program may be shutting down soon for the remainder of the fiscal year. Realistically, once the program is up and running again, there will be quite a backlog of SBA 7(a) applications. Let...
Coming Soon, 2015 SBA Minnesota Lenders’ Conference!
The 2015 Minnesota Lenders' Conference will be held on Thursday, September 3rd from 8:00-5:30 p.m. at the Marriott Minneapolis Northwest in Brooklyn Park. Small business loans financed through the SBA provide needed access to capital for start-up and existing small...
MBFC’s nomination wins SBA Award!
MBFC's Nomination Wins SBA Award! The U.S. Small Business Administration, Minnesota Small Business Development Centers and the SCORE Association presented the 2015 52nd Annual Small Business Awards on Thursday May 7th as part of the National Small Business Week....