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Banking - InvestmentSmall Business Lending Services
Hours:
Monday - Friday, 9am - 5pm
Since 1991, the Utah Microloan Fund (formerly Utah Micro-enterprise Loan Fund) has helped hundreds of entrepreneurs make their dreams come true by providing low interest small business loans. Our mission is to empower underserved communities throughout Utah by providing business training and funding to entrepreneurs in start-up & existing businesses that do not qualify for traditional funding sources.
How are we different from other financial institutions? The UMLF helps people who 1) are just starting out and don’t have an operating history, 2) don’t have enough collateral for a conventional loan, and/or 3) have had life events that have had a negative impact on credit scores. We are designed to support business owners by offering small business loans of up to $50,000. Our application and loan process is simple and can provide funds for equipment, inventory, or working capital.
Our experienced staff is ready to help you on your path to small business success as we help you secure funding and provide training opportunities to help you develop the skills you need to reach your goals. Call, email or stop by our office to learn more about how the UMLF can help you today!