SBA Lending for Business Owners in Salt Lake City, Utah & Surrounding Areas

SBA Lending for Business Owners in Salt Lake City, Utah & Surrounding Areas

Utah is an excellent place to begin a business, because of the state’s relatively low jobless price. Furthermore, business owners won’t have trouble that is much the main city they want. In line with the 2017 Utah Annual Report by the SBA, huge number of business people were effective in getting the SBA iowa installment loans laws loan system they have to either launch or sustain their company’s growth.

If you’re trying to find an institution that is financial provides SBA company financing to Utah entrepreneurs, look to First Utah Bank. Our Commercial Loan Officers and dedicated SBA Department associates will continue to work to you to definitely get the most useful loan choices to suit the requirements of your company.

Our SBA loans enable you to:

  • Buy or build an owner-occupied commercial building
  • Expand or modernize facilities
  • Combine debt to improve income
  • Manage seasonal income
  • Buy equipment, gear and fixtures
  • Finance leasehold improvements
  • Buy a current company
  • Finance receivables and/or stock
  • Augment working money (term loan or credit line)
  • Refinance maturing financial obligation
  • Take up a franchise or business that is new
  • Finance exports

Presently, you will find cost reductions and waivers for Veterans dependant on the mortgage type requested as well as for many SBA loans significantly less than $150,000. More →