Utah Small Business Loan Fund

Utah Small Business Loan Fund has established itself as one of the largest and oldest alternative business lenders in Utah, with more than $30,000,000 in small business loans since 2001. With our headquarters nestled in the heart of Millcreek, Utah, we are proud to have served a wide array of businesses, facilitating their growth and contributing to the vibrant local economy. Our mission is to fuel the ambitions of businesses that drive the Utah economy, and we are committed to providing tailored financing solutions that empower business owners to achieve their goals.

Our Experience: Funding a Diverse Range of Businesses

At Utah Small Business Loan Fund, we take pride in our extensive experience in lending to businesses from a multitude of industries. We have provided loans to software, service businesses, manufacturing, and even restaurants, with the exception of real estate or financing businesses. Our diverse portfolio includes notable Utah companies such as Property Solutions, Allegiance, and Five Star Franchising, among others.

What We Look For: Strong Cash Flow and a Solid Management Team

We evaluate businesses based on their cash flow and management teams, ensuring they exhibit the ability to repay a loan while maintaining operational stability. Specifically, we fund businesses demonstrating some history of sales and the capacity to repay a loan from operational cash flow. Regrettably, we are unable to fund companies that are pre-revenue or losing a significant amount of money. Our primary focus is on backing businesses with a robust management team that possess the acumen to succeed in a favorable market.

Why Choose Utah Small Business Loan Fund?

• Dedicated Expertise in Early-Stage and Bank-Turned-Down Businesses: Our experienced team specializes in lending to early-stage businesses and those declined by banks, demonstrating our commitment to fostering business growth.
• Personalized Approach: We believe that people, not computers, should evaluate and determine loan applications. Our dedicated team takes the time to understand your business and financial situation before making a decision.
• Cooperative Lending Relationships: We work in cooperation with banks, credit unions, and other financial institutions to streamline the approval process, providing you with a more seamless experience.
• Efficient Application and Underwriting Process: Our streamlined application and underwriting process target approval within weeks rather than months, ensuring a timely decision for your financing needs.

Get Started with Utah Small Business Loan Fund Today

To begin the loan application process, simply contact us via call or email. All we need is a preliminary screening, including your previous year's business tax return, a brief description of your company, and the intended use of the loan. We will then contact you within three business days with a decision on underwriting your application. If approved, you can typically expect the loan underwriting process to last four weeks, with loan documents and disbursement scheduled for completion within seven business days of loan approval.

Experience the Utah Small Business Loan Fund difference.