Success Stories
Seeing is believing.
With MBFC, small business success is well within reach. Our staff members are here to help you get the loan you need to make your small business thrive—just like these real life success stories.
Awards and Recognition
MBFC finalized an award winning year for SBA 504 loans across our region. Listed below are some of the top highlights. Our Annual Meeting was held online on Wednesday, October 28th. MBFC was recognized by the U.S. SBA Minnesota District Office as the 2020 Top CDC of...
Just For Kix
The creative dance vision of Cindy Clough and the business acumen of husband Steve catapulted Just For Kix (JFK) from a tiny firm run out of the Clough home to a national, multimillion-dollar operation. JFK oversees precision dance team programs involving 18,000...
Crafts Direct
Crafts Direct has always been a family establishment. The retail crafts store in Waite Park, Minn. has its origins in 1990 when John and Diane Schlecht and two friends opened a 10,000-square-foot shop. Sales grew, and in 1994 the Schlecht’s purchased full ownership of...
Lindar Corporation
Lindar Corporation is a manufacturer of thermoformed plastic products. Founded in Remer, Minn., in 1979, the company’s two key product lines are disposable paint liners and food packaging materials. In fact, Lindar is the largest producer of paint tray liners in the...
Lind-Rite Precision Company
Lind-Rite Precision Company was started in 1987 in a double garage in Alexandria, MN by Rod Femrite and Jeff Lindner. In 2006 the company moved into a new 22,500 sq. ft. facility in Osakis, MN - population 1700. In 2012, Rod decided it would be time to retire. Jeff...
Rockwood Lodge in Grand Marais, MN
Minnesota Business Finance Corporation (MBFC) is honored to present Carl Madsen of Rockwood Lodge in Grand Marais, MN, MBFC's VetLoan Advantage rebate check for $3,000. MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners...
Duane Smith Canvasworks
Minnesota Business Finance Corporation (MBFC) is honored to present Duane Smith, President of Duane Smith Canvasworks, MBFC's VetLoan Advantage rebate check for $3,000. MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners...
Central MN Realty Awarded MBFC’s VetLoan Advantage Rebate!
Minnesota Business Finance Corporation (MBFC) is honored to present a $3,000 VetLoan Advantage Rebate to Matt Imdeke, President and Owner of Central MN Realty. MBFC is the only Certified Development Company in Minnesota to offer a rebate to business owners that are...
Success Story: Midwest Fire Equipment & Repair Company
Midwest Fire Equipment & Repair CompanyLuverne, MinnesotaMidwest Fire Equipment & Repair Company, located in the southwest industrial park in Luverne, was purchased by Sarah Atchison, along with family members Lyle and Jane Gessell, with collaborative...
Success Story: Red Rock Chiropractic Center
Lamberton, Minnesota Dr. Kyle and Kari Pankonin Red Rock Chiropractic Center is a state of the art facility that provides primary care and chiropractic services to people of all ages. Since opening in 2000, the practice continues to grow in patient numbers, number of...
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