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Serving Utah Since 1991

Microloans and Education for Utah Small Business

Since 1991, we have helped Utah entrepreneurs start and grow businesses through flexible microloans and free business education.

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Utah Microloan Fund office

Jorge Fierro, founder of Rico Brand, got his start with the Utah Microloan Fund and grew his business into a multimillion-dollar food company.

Lending

What is a Microloan?

Our microloans can help cover the costs of starting, operating, and growing a Utah business.

$50K

Loans up to $50,000 for eligible businesses.

$25K

Startups may qualify for up to $25,000 during their first year, with the possibility of additional funding as the business grows.

10-14%

Current fixed interest rates generally range from 10% to 14%.

6 yrs

Repayment terms of up to six years. No prepayment penalty.

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Here’s how we help, from first loan to long-term growth.

We combine access to capital with the training needed to use it well.

Lending

We provide microloans to Utah small businesses that don’t qualify for traditional bank financing.

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Learning

We offer advising, classes, and connection to resources.

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People at a business Training

Free • Virtual • Statewide

Utah Small Business Classes

Free virtual classes covering topics like social media, cash flow, HR, financials, business planning and more. These classes are free and open to the public statewide.

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available via scholarship • 15 Weeks • For Women

Banking on Women Program

Start or grow your business with our 15-week program for Utah women entrepreneurs, featuring mentorship and weekly classes. Available statewide!

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Utah Small Business Blog

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