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 Supports Murray County Economic Development Authority!
MBFC Grant Presented to Murray County EDA MBFC presented a $1,500 grant to Murray County Economic Development Authority. Julie Dahlhoff, Vice President of Business Development of MBFC, awarded the funds to Justine Wettschreck, EDA Director and Kim Hause, 4-H Extension...
MBFC Supports City Of Marshall Economic Development Authority!
MBFC Grant Presented to City of Marshall EDA MBFC presented a $1,500 grant to the City of Marshall Economic Development Authority. Julie Dahlhoff, Vice President of Business Development of MBFC, awarded the funds to Lauren Deutz, Economic Development Director. MBFC...
RMV Machining Awarded MBFC’s VetLoan Advantage Rebate
(Pictured: Zachery Lagred, Eagle Bank and Ryan Steinhofer, RMV Machining) MBFC is honored to present RMV Machining a VetLoan Advantage Rebate of $3,000. This rebate is part of MBFC's Strategic Initiative of the National Association of Development Company's (NADCO)...
MBFC hosting 12 locations of SBA 504 Spring Lender Lunch & Learn Trainings!
MBFC invites you to attend the Spring Lunch & Learn! Register at RSVP@mbfc.org soon to save your spot! The SBA 504 Loan "Lunch & Learn" sessions are no-cost, includes lunch, and dates are filling up fast. ALL TRAININGS TAKE PLACE FROM 12:00 -...
Change in CRA Credit with the SBA 504 Loan Program!
If you're interested in CRA Credit, there's new changes effective April 1, 2024! On October 24, 2023, the Federal Reserve, the FDIC, and the OCC issued a Final Rule amending the agencies’ Community Reinvestment Act (CRA) regulations. The agencies are...
MBFC Celebrates 40 Years & Lender of the Year
MBFC celebrated FY2023 with an Annual Membership Meeting on Wednesday, October 25th, in Central Minnesota. The corporation turned 40 years old and proudly celebrated our longstanding MBFC history with members and honored guests! We thank our Board of Directors,...
Changes with the SBA 504 Refinance Program
Exciting New Changes with the SBA 504 Refinance Program! As a reminder: Equipment only, Real Estate only, or Mixed Use projects all are eligible for the SBA 504 Refinance Program. Borrowers could qualify for cash out for working...
Congratulations to Nadene Kruize, incoming President & CEO of MBFC
MBFC is pleased to announce that Nadene Kruize is selected as President & CEO, upon Tom Saehr's retirement. Mo Durheim, Board Chairman and Senior Vice President of Farmers & Merchants State Bank of Pierz stated, “MBFC has been extraordinarily successful under...
Grant Presented to The City of Monticello EDA
MBFC Grant Presented to The City of Monticello EDA MBFC presented a grant to the City of Monticello Economic Development Authority. Joshua Laffen, Vice President of Business Development of MBFC, awarded the funds to Jim Thares, Economic Development...