Vocational Rehabilitation Microloans
Available to individuals who have been injured on the job and have an open Workers Compensation claim, this loan can help you start a new business as an avenue to help you return to the workforce.
Loan Specifics:
> Loan Amount: up to $20,000
> Areas of Availability: all counties in Utah
> Maximum Repayment Term: 5 years
> Interest Rate: Prime Rate plus 3%
> Processing Time: three to six weeks
This loan requires you to prepare and present a thorough business plan, including financial projections.