Jennifer Duffield
Executive Director, Dancing Moose Montessori School
Get the funds you need to grow your business
We know that every business has unique funding needs. That’s why at First Utah Bank, rather than forcing customers to fit into pre-determined products, we offer a custom solution for each business we work with.
We offer business loans for a variety of business needs, including:
Commercial Real Estate Loans
Purchase the land and/or buildings your business needs to grow. From owner-occupied buildings to commercial real estate investments or refinance.
Max loan amount: Up to $20 million
Interest rate: Competitive
Loan term: Up to 10 years
Collateral Requirements: Real Estate Collateral Required
Learn more about our Term Loans for Commercial Real Estate
Construction Loans
Build your own building, expand/renovate your current building, or make tenant improvements.
Max loan amount: Up to $20 million
Interest rate: Competitive
Loan Term: Up to 10 years plus construction period
Collateral Requirements: Real Estate Collateral required
Learn more about our SBA Loans for Construction
Line of Credit Loans (Working Capital)
Get short-term funding for day-to-day expenses such as purchasing inventory/materials and operating expenses, or to take advantage of unexpected opportunities.
Max loan amount: Up to $15 million
Interest rate: Competitive
Loan term: 12 months
Collateral Requirements: 1st position on commercial account receivable, inventory or other assets
Learn more about our Business Lines of Credit
Equipment Loans
Purchase the machinery/tools, equipment, vehicles, and fixtures your business needs. Get funds for the purchase of basic office equipment or large equipment.
Max loan amount: Up to $15 million
Interest rate: Competitive
Loan term: Up to the useful life of the equipment being financed with a maximum of 10 years
Collateral Requirements: Borrower must pledge equipment being purchased
Learn more about our SBA Loans for the purchase of Equipment
Business Acquisition Loans
Expand your business and purchase an existing business or franchise with the help of a business acquisition loan. Get the capital you need without borrowing against your personal assets.
Max loan amount: Up to $15 million
Interest rate: Competitive
Loan term: Up to 10 years
Collateral Requirements: Various depending on use of proceeds and loan size
Learn more about our Term Loans for Business Acquisition
Business Debt Refinance Loans
Improve your business’s financial situation by replacing existing debt obligations with a new loan that better fits your financial needs. Perfect if your credit profile has improved or you just need to free up additional capital.
Max loan amount: Up to $15 million
Interest rate: Varies by loan type
Loan term: Up to 25 years with no balloon payments
Collateral Requirements: Various depending on use of proceeds and loan size
Learn more about our SBA Loans for Business Debt Refinance
Learn how we’re Redefining Possible when it comes to business loans. Talk with one of our business loan officers today.
3 categories of business financing, endless possibilities
Term Loans
Get lump-sum funding for investments in your small business. Term loans are based on a predetermined schedule of monthly principal and interest payments.
Get StartedSBA Loans
As an SBA preferred lender, we can help you secure small business loans with flexible terms, variable and fixed interest rates and loan amounts up to $15 million.
Get StartedBusiness Line of Credit
A Business Line of Credit provides the working capital you need for day-to-day operations, inventory management, and other short-term financing needs.
Get StartedWhat First Utah Bank business customers say about working with us...
"First Utah Bank really knows us. They were involved from the ground breaking all the way up until our grand opening. I felt like they were so proud of what we were doing. And I think that's pretty unique—to feel like a bank is truly a partner and a fan. I felt like they truly wanted us to succeed!"
- Jennifer Duffield, Co-Founder/Executive Director
Get Started!
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