Utah Small Business Credit Initiative | Layton City Economic Development

Promising Loan Opportunities Available for Utah Small Businesses

Utah’s small business sector is set to benefit from a substantial financial boost, with an additional $23 million in U.S. Treasury funding secured through the State Small Business Credit Initiative (SSBCI). This latest infusion represents the second portion of Utah’s total $69 million allocation, highlighting the program’s effectiveness in boosting local entrepreneurship. Since signing its […]

$31 Million Added to Utah Small Business Loan Program

Business Resources and Information, Economic Development, Economic News | increased funding, larger loans, Loan Participation Program, Small Business, Utah Governor’s Office of Economic Opportunity, Utah Small Business Credit Initiative

The Utah Governor’s Office of Economic Opportunity recently announced increased funding to the Utah Small Business Credit Initiative (USBCI) Loan Participation Program (LPP) – a sizeable $59 million boost. The initiative includes lending programs to expand access to capital at lower interest rates for Utah small business borrowers. Increased funding to the LPP includes: Loans […]

Meet the Money: Funding Options Available for Small Businesses

Business Resources and Information, Economic Development, Economic News | business funding, Business Resource Center, Davis Tech, EIDL Loans, Governors Office of Economic Opportunity, Layton City businesses, microloans, revolving loan funds, SBA, small businesses, USDA, Utah Small Business Credit Initiative

Layton City business leaders are invited to attend an informative small business funding opportunity October 18, 2022, titled “Meet the Money.” The Business Resource Center and SBA at Davis Tech plan to introduce a myriad of business funding options including: microloans, revolving loan funds, SBA and USDA lending programs, EIDL loans, the Governors Office of […]