About the Utah Microloan Fund
We make the dreams of entrepreneurs a reality
Serving Utah small business owners since 1991.
Who We Are
About Us
Since 1991, the Utah Microloan Fund has helped Utah’s small business owners turn their ideas into reality.
We’re a nonprofit lender recognized as a Community Development Financial Institution (CDFI), providing financing to entrepreneurs and communities that traditional banks often overlook.
Based in Salt Lake City, we proudly serve businesses across all of Utah.
Our Mission
To strengthen communities throughout Utah by providing business education and microloans to entrepreneurs in start-up and existing businesses that do not qualify for traditional funding sources.
Our Vision
A future where individuals across Utah succeed in building their businesses with practical tools, resources, and guidance tailored to their needs.
How we help entrepreneurs
Business Funding
We provide flexible microloans to startups and existing businesses that may not qualify for traditional financing.
- Loans for starting or growing a business
- Funding for working capital, equipment, inventory, and more
- A lending team that considers the full business story
Business Education
Our free education programs help entrepreneurs build skills, prepare for funding, and make informed decisions at every stage of business ownership.
- Live business classes
- Online library of recorded classes
- Advising and connections to resources
- Banking on Women program
Certified & Recognized
Eligibility
Who We Serve
We help people who
- Are just starting out and don’t have an operating history
- Don’t have enough collateral or cash flow for a traditional bank loan
- Have had life events that impacted their credit history
- Are looking to continue their business education
We’re unable to fund
- Multi-level marketing (MLM) businesses
- Real estate or building purchases
- Businesses not registered in the state of Utah
- Anyone in an active bankruptcy
Impact
See the numbers behind the mission
Our annual report covers the loans we made, the businesses we trained, and the communities we reached in the past year. Our Form 990 is also available.