If you live in Utah and have a small business, or you want to start up a small business, then it's likely that you'll need a loan. If that's the case, you should go to UTAH CDC (certified development company). They have two locations - in Ogden, Utah and in Salt Lake City, Utah.
They are authorized by the U.S. Small Business Administration (SBA) to serve the Utah small business community. They assist small businesses in financing up to 90% of the purchase of long-term fixed assets, such as land, building (existing and new construction), and equipment.
As you can see from the image above, they offer low, fixed interest rates on a 20-year term, and only require a small down payment. Visit their website for the specifics on the terms of their loans and their process, as well any forms you need and contact information for you to reach them with any further questions.
Getting the right loans just might be the key to unlocking success for your business. If you ever do get in a difficult situation, you can rely on a loan modification attorney to help you out.
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