About Us
Mountain West Small Business Finance
Read The Story Behind Our Success
Annual Reports
MOUNTAIN WEST SMALL BUSINESS FINANCE is a private, non-profit corporation licensed and regulated by the U.S. Small Business Administration. Mountain West administers the SBA’s 504 Development Company Loan Program statewide in Utah, Wyoming, Colorado, Idaho, and in surrounding states.
Mountain West was created as an initiative of the State’s Office of Economic Development in 1980, recognizing the need for support of existing local small businesses. As a not-for-profit finance intermediary, Mountain West works with local lending institutions, community economic development agencies, and business owners to facilitate access to capital for growth, expansion and job creation.
Mountain West has a team of experienced economic development finance professionals with years of experience helping small business owners and lenders to access various state and federal finance opportunities. Since its inception, Mountain West has provided loans to thousands of small businesses totaling well over One Billion Dollars. The result has been the creation of thousands of new jobs in developments in every corner of Utah and adjoining states.
Read The Story Behind Our Success
Mountain West was created as an initiative of the State’s Office of Economic Development in 1980, recognizing the need for support of existing local small businesses. As a not-for-profit finance intermediary, Mountain West works with local lending institutions, community economic development agencies, and business owners to facilitate access to capital for growth, expansion and job creation.
Mountain West has a team of experienced economic development finance professionals with years of experience helping small business owners and lenders to access various state and federal finance opportunities. Since its inception, Mountain West has provided loans to thousands of small businesses totaling well over One Billion Dollars. The result has been the creation of thousands of new jobs in developments in every corner of Utah and adjoining states.
Annual Reports
—Testimonials —
What Our Customer Says
When we started, there weren’t a lot of properties in Springdale available for purchase. But through a remarkable set of events that centered around the pandemic, our landlord finally told me that we ought to buy the property. I almost fell off my chair. It was something we had always wanted to do, but I had a feeling the price would be too high. He showed me how to do it through a 504 loan. I hadn’t known anything about 504s prior to that, but I called my bank the next day. They looked at the numbers and thought it made sense.
We started the loan process and began to meet with a representative from Mountain West, who was the expert on packaging our business to the SBA. That was a real gift. I felt like we had a real advocate there. In the end, it was a fairly easy process because Mountain West did all the heavy lifting. And for us, our loan changed everything. The 504 is exactly the product we needed to get to the next level.
Rick Praetzel
Owner, Zion Adventure Company
The two things that can either help or hinder us from growing are our banking partners and finding good employees. We’ve been blessed in both areas. We’ve had several SBA loans and they always go smoothly because of how well our bank, Cache Valley Bank, and Mountain West Small Business Finance work together. It’s truly like we’re working with just one institution. It goes back to service. I could go to many different places to get a loan, but these two make it so easy.
Brandon Burt
Owner, Burt Brothers
We saw that a building close to our restaurant was available and thought it would be a great spot for our new business. We had enough money for a down payment, so we went to our local bank to ask about getting a loan. They wanted to help, but starting a restaurant-related business in the time of COVID was deemed too risky, so they put me into contact with Mountain West to see about getting an SBA loan. From there, the process was fairly easy. Mountain West made everything really convenient.
Ken Ulzibayar
Owner, Summit Restaurant Supply
We are very excited about our new facility. It will not only be a warehouse for our restaurant supplies, but we will also use some of the space as a showroom to display our products. The building also has enough room that we may carve out some space to open another restaurant down the road.
Amy Erdenebileg
Owner, Summit Restaurant Supply
My dad taught me a very young age that the seed we sell is really no different from the seed the guy on the street sells. What sets us apart is how well we take care of people. I took that to heart and have always taken an active interest in our clients. People want to know that there’s somebody out there listening to them, believing in them.
Jason Stevens
Owner, Maple Leaf Company
—Latest News & Blog —
From Our Blog
Jeff Vanchiere Named Underwriting Manager, VP
October 28, 2024Jeff Vanchiere has been named Mountain West Small Business Finance – Underwriting Pool Manager. Effective immediately, Jeff will oversee all facets of the underwriting department,...
Small Business Spotlight: Dela’s Doggy Desserts
Ten Things We’re Loving about Dela’s Doggy Desserts, Pet Boutique & Event Space From Dela’s custom birthday cakes and specialized cupcakes to seasonal cookies and raw bar offerings, a boutique...
Mountain West Foundation Sponsors Utah Cricket Association
The Cricket Connection The Utah Muslim Civic League (UMCL) represents 60,000 Muslims from 120 different nationalities across Utah. The UMCL does vital work by empowering Muslims to engage in civic...