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UT
Utah Small Business Credit Initiative Loan Guarantee Program
Utah's SSBCI Loan Guarantee Program helps eligible small businesses secure lender financing with state-backed credit support.
About this program
The Utah Small Business Credit Initiative Loan Guarantee Program provides credit support to participating lenders making loans to eligible Utah small businesses. The program is intended to increase access to capital by reducing lender risk for loans that support working capital, equipment, inventory, expansion, and other eligible business uses. It operates as part of Utah's SSBCI-funded small business finance toolkit.
Eligibility
Utah small businesses with eligible financing needs that apply through a participating lender.
Requirements
- Business must operate in Utah.
- Applicant must qualify as an eligible small business under SSBCI rules.
- Loan must be originated by a participating lender.