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UT
Utah Small Business Credit Initiative Loan Participation Program
Utah's SSBCI Loan Participation Program helps participating lenders provide capital to eligible Utah small businesses.
About this program
The Utah Small Business Credit Initiative Loan Participation Program uses federal SSBCI funds to expand access to capital for Utah small businesses through participating lenders. The program can support lender financing for eligible business purposes such as working capital, equipment, inventory, and expansion costs while leveraging private capital. Utah's SSBCI programs are administered through the Governor's Office of Economic Opportunity and partner lenders.
Eligibility
Utah small businesses seeking eligible financing through a participating lender under SSBCI program rules.
Requirements
- Business must operate in Utah.
- Applicant must qualify as an eligible small business under SSBCI rules.
- Applicant must work through a participating lender.