Utah Microloan Fund

Financial Advising
Hours:
154 E Ford Ave A, Salt Lake City UT 84115

Tips

Hours

Monday
9AM - 5PM
Tuesday
9AM - 5PM
Wednesday
9AM - 5PM
Thursday
9AM - 5PM
Friday
9AM - 3PM
Saturday
Closed
Sunday
Closed

About Utah Microloan Fund

Utah Microloan Fund (UMLF) is a supportive organization that helps small businesses access funding and grow. Many business owners have turned to UMLF when traditional loans were not an option, and they have consistently found the staff to be helpful, pleasant, and willing to guide them through the process. For some, UMLF provided crucial loans that enabled them to purchase equipment, cover remodeling costs, and fund marketing efforts when starting or expanding their businesses. One business owner used the loan to buy necessary equipment and expand into new departments, expressing gratitude for UMLF’s ongoing support and their role in turning a dream into reality. Another owner, who started their business just a year earlier, emphasizes that building a legitimate business takes time and effort, and UMLF was there to assist along the way, offering advice and understanding. UMLF also helped entrepreneurs who wanted to expand into new ventures, like opening a brick-and-mortar space for a podcast and YouTube studio. The process was described as efficient and clear, making it easier for the business owner to plan and launch their new space. Additionally, startups that struggled to find funding through traditional channels appreciated UMLF’s role in providing not only loans but mentorship and advice. Overall, UMLF is recognized as a helpful partner dedicated to supporting small business success in Utah.

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