Minnesota Business Finance Corp Salary

How Much Does Minnesota Business Finance Corp Pay?BETA

As of April 2025, the average annual salary for employees at Minnesota Business Finance Corp in the United States is $84,025. This translates to an approximate hourly wage of $40. Salaries at Minnesota Business Finance Corp typically range from $73,702 to $95,210 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Minnesota Business Finance Corp, A President & Chief Executive Officer is among the highest earners, with an average salary of approximately $650,430 per year. Conversely, the lowest-paid position is Loan Servicing Specialist, earning around $32,777 annually. Explore this page further for more salary and benefits information at Minnesota Business Finance Corp.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Minnesota Business Finance Corp Pay for Different Roles?BETA

At Minnesota Business Finance Corp, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President & Chief Executive Officer positions at Minnesota Business Finance Corp offer the highest average annual salary of $650,430, while Loan Servicing Specialist roles have an average annual salary of $32,777.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President & Chief Executive Officer $496,385 - $821,441 $650,430 Minnesota Business Finance Corp
Vice President, Business Development $177,588 - $214,817 $196,111 Minnesota Business Finance Corp
Credit Officer $155,970 - $224,354 $185,448 Minnesota Business Finance Corp
Senior Vice President $142,789 - $190,937 $166,458 Minnesota Business Finance Corp
Paralegal $64,279 - $75,861 $70,269 Minnesota Business Finance Corp
Closing Manager $63,722 - $78,954 $66,810 Minnesota Business Finance Corp
Commercial Branch Manager $52,130 - $62,478 $57,291 Minnesota Business Finance Corp
Credit Analyst $47,314 - $58,288 $52,691 Minnesota Business Finance Corp
Commercial Credit Analyst $40,121 - $49,910 $45,189 Minnesota Business Finance Corp
Administrative Assistant $37,113 - $45,163 $41,041 Minnesota Business Finance Corp
Collections Specialist $31,135 - $38,185 $34,672 Minnesota Business Finance Corp
Bus Driver $30,380 - $37,761 $34,432 Minnesota Business Finance Corp
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Minnesota Business Finance Corp Overview

Website:
mbfc.org
Size:
<25 Employees
Industry:
Financial Services
Revenue:
<$5M
About:
Minnesota Business Finance Corporation is pleased to announce the release of its new web site, including a dedicated mobile site. "The full site and mobile site were redesigned to streamline our services and resources for our small business owners and lenders," says Tom Saehr, MBFC President and CEO...

Most Common Benefits for Minnesota Business Finance Corp

Aside from the base salary, Minnesota Business Finance Corp offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Minnesota Business Finance Corp

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Minnesota Business Finance Corp ’s peer companies.
Cooper Capital Group Encinitas, CA $83,425 - $107,770 Company Salary Range $95,111 Average Company Salary
Multipay Inc Northridge, CA $86,165 - $111,306 Company Salary Range $98,223 Average Company Salary
First Western Equipment Finance Eden Prairie, MN $83,773 - $108,221 Company Salary Range $95,512 Average Company Salary
LeaseQ Inc Burlington, MA $86,027 - $111,135 Company Salary Range $98,075 Average Company Salary
MoneyFex $77,643 - $100,307 Company Salary Range $88,519 Average Company Salary
VXXIV Corp Princeton, NJ $84,589 - $109,282 Company Salary Range $96,440 Average Company Salary
Merchant ReFi Brooklyn, NY $94,723 - $122,366 Company Salary Range $107,990 Average Company Salary
Trusted Funding Group Deerfield Beach, FL $76,470 - $98,795 Company Salary Range $87,179 Average Company Salary
M2 Leasing Inc La Habra, CA $85,881 - $110,952 Company Salary Range $97,906 Average Company Salary
See more companies

FAQs About Minnesota Business Finance Corp Company

1. How much does Minnesota Business Finance Corp in the United States pay?

Minnesota Business Finance Corp pays its employees an average of $84,025 per year. The average salary at Minnesota Business Finance Corp range from $73,702 to $95,210 per year. President & Chief Executive Officer jobs at Minnesota Business Finance Corp earn the most with an average annual salary of $650,430, while Loan Servicing Specialist jobs earn the least with an average annual salary of $32,777.

2. Do Minnesota Business Finance Corp employees get a higher salary than other similar companies?

The salary at Minnesota Business Finance Corp is lesser than Merchant ReFi. The highest salary package reported for an employee at Minnesota Business Finance Corp is $95,210 per year, meanwhile the highest salary package reported for an employee at Merchant ReFi is $122,366 per year.

3. How much does Minnesota Business Finance Corp pay compared to Merchant ReFi?

The average annual salary at Minnesota Business Finance Corp is $84,025, or an hourly wage of $40, in comparison to Merchant ReFi which pays $107,990 per year or $52 per hour.

4. Which job skills can boost a Commercial Branch Manager salary at Minnesota Business Finance Corp?

Leadership, Customer Service and Coaching are key to a Commercial Branch Manager job at Minnesota Business Finance Corp. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Minnesota Business Finance Corp.

5. What is the lowest salary at Minnesota Business Finance Corp?

The lowest paying job at Minnesota Business Finance Corp is Loan Servicing Specialist with an annual salary of $32,777 or an hourly rate of $40.