B:Side Fund’s SBA 504 Loan is ideal for small businesses looking to purchase, build or renovate commercial real estate or acquire long-term equipment. With fixed, below-market interest rates and terms of 10, 20 or 25 years, this program offers up to 90% financing of total project costs.
Utah programs providing financial assistance for entrepreneurs
Utah operates two small business finance programs: one capital access program, and one loan participation program. The USBCI program will expand access to capital for Utah business owners in underserved communities, with a target of 29% of program funds allocated to businesses owned by women and culturally, economically, and geographically diverse entrepreneurs.
Featured state lenders
SBA Community Advantage Loan
B:Side Fund’s SBA Community Advantage Loan is designed to support small businesses that may not qualify for traditional financing. This program offers loans up to $350,000 with flexible terms and competitive interest rates and can be used for working capital, equipment, inventory or real estate.
SBA Microloan
Utah Microloan Fund offers flexible microloans for small businesses that may not qualify for traditional financing. With fixed rates between 10–14% and terms up to 6 years, loans can be used for working capital, equipment, inventory, property improvements and more—without prepayment penalties.
MoFi Business Loans
MoFi Business Loans provide accessible financing for business owners and entrepreneurs who may not qualify through traditional lenders. Loans start at $1,000 with terms tailored to each borrower. There are no hidden fees or surprises and free business consulting is available to all loan clients.
UT SSBCI program details at a glance
State Small Business Credit Initiative (SSBCI) program administrator(s): Utah Governor’s Office of Economic Opportunity