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.
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...
Success Stories: Earthly Delights Limited DBA State Properties
Hutchinson, Minnesota Miles (Red) and Linda McMonagle Earthly Delights Limited dba State Properties is a historic movie theatre located in the heart of downtown Hutchinson. In 2003, Red and Linda purchased the property and started their renovation project. Today, the...
Success Story: Brownmed, Inc.
Spirit Lake, IA Brownmed, Inc., led by Dr. Ivan E. Brown, Jr., is a global medical device manufacturing company that recently obtained a SBA 504 loan through Prairieland EDC, which aided in the expansion of Brownmed’s manufacturing space at their Spirit Lake location....
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