Utah Microloan Fund
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Our Loans

Our mission is to empower underserved communities throughout Utah by providing business training and funding to entrepreneurs in start-up & existing businesses that do not qualify for traditional funding sources.  Listed below are our different loan options available. Our max limit is $50,000 but we may be able to refer you to other ​sources of funding.
After you have completed the orientation our Program Manager of Lending can help you ​decide which loan would be the best for your situation. 

Loan Application Process

Step One

Complete our mandatory Loan Orientation

Due to COVID-19 our loan orientation is currently being held solely online and is available here.

Online Orientation
Step Two

Preview our Loan Application Checklist

We have moved to an online application system. Once you’ve gone through our online orientation we will grant you access but before then you can go through our checklist of requirements and get started on the cash flow projection sheet and business plan.

  •   Loan Application Checklist
  •   Business Plan Outline
  •   Cash Flow Spreadsheet
Step Three

Fill out this form so we can add you to our online application system

This is where you will submit your application and supporting documents.

LenderLift Sign-Up
Step Four

Present to our Credit Committee

Applicants meet with the credit committee twice a month virtually on Thursday afternoons. For us to have time to underwrite your application and give the credit committee enough time to go through your packet, we need to have your application completed and the $50 fee paid two weeks before the committee meeting.

Committee Meeting
​Deadline
March 18th
March 4th
April 8th
March 18th
April 22nd
April 8th
May 6th
April 22nd
May 20th
May 6th
June 3rd
May 20th
June 17th
June 3rd
July 8th
June 17th
July 22nd
July 8th

Ready to Get Started?

Begin Orientation
Providing business training and funding to entrepreneurs in start-up & existing businesses that do not qualify for traditional funding sources.
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Our loans
​
Loans & Processes
Orientation
​

resources

Online Classes
COVID-19 Resources
​
Utah SB Resources
​

about us

About
FAQ
Our Staff
​

801-746-1180
sday@utahmicroloanfund.org
​©2021 Utah Microloan Fund • Designed by Eighth Avenue
  • Home
  • Our Loans
    • Online Orientation
  • Banking On Women
  • Resources
    • Online Classes
    • COVID-19 Resources
    • Utah Small Business Resources
  • About
    • Annual Report
    • Boards & Committees
    • Sponsors & Partners
    • FAQ
    • Our Staff
  • Blog