Utah Microloan Fund
Salt Lake City nonprofit CDFI making microloans of up to $50,000 to startups and small businesses across Utah.
About
The Utah Microloan Fund says it is "a non-profit lending institution that offers microloans to small businesses unable to access traditional bank financing" and that, based in Salt Lake City, it serves "businesses across all of Utah". It lists loans of up to $50,000, with up to $25,000 for startups in their first year, to cover "working capital, equipment, inventory and more". Who it is for: Utah startups and existing businesses that a bank has turned down; applicants need a business registered in Utah and must attend a loan orientation.
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