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UTAH SMALL BUSINESS BLOG

Utah's Microlender of the Year!

5/4/2023

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Photo of the UMLF accepting their Microlender of the Year Award
Ummm we have big news! Today we were recognized by the U.S. Small Business Administration’s Utah District Office as the SBA’s Microlender of the Year. Can we get a yee-haw?! 🤠

“The SBA understands that sometimes all an entrepreneur needs are a few thousand dollars to get their business up and running,” said Marla Trollan, Utah SBA District Director.  “SBA Microloans were created to help small businesses and start-ups navigate the complex world of gaining capital. Without great credit, collateral, or so many years in business it can be almost impossible for entrepreneurs to get a traditional business loan.  We are proud that the Utah Microloan Fund has been an amazing non-profit lending partner throughout the state of Utah."

The National Small Business Week Awards Luncheon was held at Mountain America Credit Union in West Jordan. The event recognized the FY22 top performing SBA Lenders that administer the different loan programs the SBA has to offer. Delicious food, great company, and rousing speeches made the award ceremony a very special day. 

We're proud of our continued commitment to providing microloans and business advising to Utah's underserved communities and filling the financial gap for first-time business owners. Because of the support of the SBA, we are able to helps Utahns far and wide. 


Congrats to the other winners: 
  • Utah Top 7(a) Lender, Top 7(a) Rural Lender: Mountain America Credit Union

  • Utah Top Export Lender: Zions Bank​
 
  • Utah Top 504 Third Party Lender: Hillcrest Bank
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  • Utah Top 504 Lender, Top Women-Owned, Minority-Owned, Veteran-Owned, Rural Lender: Mountain West Small Business Finance​


We can't wait to see what this year brings! ❤️ 

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Making dreams a reality. Providing business training and funding to small business owners in start-up & existing businesses that do not qualify for traditional funding sources.
801-746-1180
154 E Ford Ave Ste A, Salt Lake City, UT 84115
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  • Home
  • About
    • About Us
    • Our Staff
    • Annual Report
    • Boards & Committees
    • Sponsors & Partners
  • Loans
    • Small Business Loans
    • Loan Orientation
    • FAQ
  • Classes
    • Take a Class
    • Class Library
    • Banking On Women
  • Resources
    • Utah Small Business Resources
  • Blog