Available to start-up and existing businesses.
Loan Specifics:
> Loan Amount: up to $25,000
> Areas of Availability: Box Elder, Davis, Morgan, Salt Lake, Summit, Tooele, Utah, Wasatch, Weber, Cache and Rich Counties
> Maximum Repayment Term: 5 years
> Interest Rate: Prime Rate plus 5%-7%
> Processing Time: three to six weeks
This loan requires you to prepare and present a thorough business plan, including financial projections.