We’re excited that the U.S. Department of the Treasury recently approved the Governor’s Office of Economic Opportunity’s (Go Utah) Utah Small Business Credit Initiative. This federally funded lending program makes it easier for Utah small businesses and entrepreneurs to qualify for loans. Soon, $69 million in funding will be available to help expand access to credit for small businesses, especially in underserved communities.
The application process will open to lenders on Nov. 30. Click here to learn more about the expanded funding options for small businesses.