Utah Microloan Fund
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801-746-1180

Loan Options

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
​November 19
November 5
​December 3
November 19
December 17
​December 3
​January 4
December 31
January 28
​January 14
Ready to get started?

Begin Orientation
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.
154 E Ford Ave Ste A, Salt Lake City, UT 84115
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801-746-1180
sday@umlf.org
​©2022 Utah Microloan Fund. All Rights Reserved.
  • Home
  • About
    • 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