Make Your Business Dreams a Reality
Our mission at the Utah Microloan Fund is to empower underserved communities throughout Utah by providing business training and funding to small business owners in start-up & existing businesses that do not qualify for traditional funding sources with a focus on the underserved.
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Microloans for Small Business
Turned down by a bank? Tired of the high-interest rates of payday or other loans? We are here to help! With our flexible terms & loan programs, including SBA Microloans, we'll work with you to build a loan that fits your business needs.
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Additional Offerings
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ITIN Loans
No social security number? Access funding regardless of your immigration status through our ITIN Loan. We offer small business loans without citizenship by using your Individual Taxpayer Identification Number (ITIN).
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Abilities Fund
In partnership with the Utah Assistive Technology Program (UATP), we offer small business loans at a discounted rate to business owners with disabilities.
UATP’s financing options are offered in partnership with the Utah Assistive Technology Foundation (UATF). |
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Non-Profit Fund
As a non-profit, we realize how difficult it can be to access funding for your organization. Our non-profit fund offers loans up to Utah non-profit organizations.
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Loan Application Process
Step One
Register for Loan Orientation
Held virtually every Tuesday at 9am, our mandatory orientation is an overview of our process and requirements and will give you a chance to ask questions and chat with our Business Advisor.
Take Orientation
Step Two
Preview our Templates
Want to get started on the cash flow projection and business plan? Preview our required templates here.
Step Three
Fill Out an Inquiry Form
This form includes information about you, your business, and the funding you are looking for. If everything is good to go, we will then add you to Lenderfit, our online application system.
Lenderfit Sign-Up
Step Four
Present Your Business
Once your application is complete you will then get a chance to present your business and funding request to our team. For us to have time to underwrite your application and to review your packet, we will need to have your application completed and the $50 application fee two weeks before you are ready to present. We will set up a date for you to present upon completion.
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