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 customer wins Small Business Excellence Award
Lind-Rite Precision Company, owners Dan Kotek and Marilyne Morisette, were awarded a Small Business Excellence Award at the Minnesota Annual Small Business Awards Ceremony held May 6, 2014. Lind-Rite Precision Company was started in 1987 in a double garage in...
Save the Date for the SBA Minnesota Lenders Conference
Thursday, September 4th, 2014 the SBA Minnesota District Office is presenting the 2014 Minnesota Lenders' Conference. There will be workshops, exhibitors, and MN Lenders' Awards. The conference will take place at the Marriot Minneapolis Northwest in Brooklyn Park....
Columbia Heights Business Council to have MBFC present this Friday
Michelle Mueller, MBFC Vice President of Business Development, is presenting Friday, April 4th from 7:30-8:30 a.m. at the Columbia Heights Business Council meeting which is part of the Twin Cities North Chamber of Commerce. The Columbia Heights Business Council meets...
MBFC presenting at RMA Minnesota Chapter event April 2, 2014
Wednesday, April 2 (8am - 12pm) Do you know the difference between SBA 504 and 7(a) loans? These program allows lenders to minimize their exposure, reduce risk and assist their customers with enhanced terms.This half-day course is for any lender seeking to...
Significant SBA 504 Program Changes
Today the SBA published new regulations in the Federal Register that will positively affect the SBA 504 Program. These changes will be effective as of April 21, 2014. A summary of the changes are as follows: Elimination of the Personal Resource Test - Section 120.102...
Spring Small Business Lending Seminars
Please join Minnesota Business Finance Corporation (MBFC) for our Spring Small Business Lending Seminar including a SBA 504 program update and local economic lending partners to learn more about small business lending in your area. There is no charge to register but...
MBFC awarded Member of The Year by Cass County Economic Development Corporation
MBFC was recognized as Member of the Year at Cass County EDC's Annual Meeting held October 25th, 2013 in Walker MN. Member of the Year is a unique distinction as this is the first time an award has been presented. "We are proud to name Minnesota Business Finance...
MBFC Top Rated CDC
On Thursday, October 24, 2013 Minnesota Business Finance Corporation (MBFC) held their FY 2013 Annual Membership Meeting at the Holiday Inn in St. Cloud. With over 55 attendees, MBFC celebrated another successful year providing loans to the small business...
Minnesota Business Finance Corporation Announces New Vice President of Business Development
Minnesota Business Finance Corporation is pleased to announce Terry Stein as the new Vice President of Business Development. Terry joins Minnesota Business Finance Corporation (MBFC) with 18 years of lending experience in commercial and residential...