MWSBF Proudly Sponsors the Janie C Kids Market: a craft fair created and cultivated by kids

May 13, 2021 (Salt Lake City) — “Entrepreneurship and innovation have no age limits,” said Danny Mangum, chief operating officer for Mountain West Small Business Finance. “That’s just one of many reasons we’re proud to help sponsor the Janie C Kids Market. As a company that prides itself on supporting and celebrating economic development, resourcefulness, and creativity, we salute these young entrepreneurs and the Holladay community that has come together to help make this event a reality.” The event, held Saturday, May 15, 2021 from 1:00pm to 3:00pm at 2810 E. Hermosa Way in Holladay, Utah will feature jewelry, crafts, treats and wares from a variety of the neighborhood’s children. … Read More

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A Letter from John D. Evans

May 6, 2021 To Our Valued Lending Partners, On behalf of Mountain West Small Business Finance, I would like to express our appreciation to you for helping us assist record numbers of small businesses through the SBA 504 Program. The table below illustrates the increased 504 volume at MWSBF (FYE: 9/30):   FY 2019 FY 2020 % Chg. 2020 (6 mos.) 2021 (6 mos.) % Chg. # of Loans 189 233 23.3% 100 170 70% Loan Dollars (000s omitted) $133,848 $169,530 26.7% $85,182 $131,019 53.8% MWSBF is currently ranked as the fifth leading CDC lender in the country (190+ CDCs), behind only those in New York, Florida, and California.  While… Read More

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Now Hiring: Loan Assistant

MWSBF has a Full Time opening for Loan Assistant II (in Training) position open in the Orem Office. Successful applicant would start immediately. Job description and wage information is listed below. Please email a resume and cover letter to Zianibeth Shattuck-Owen at zshattuck-owen@mwsbf.com by close of business Thursday, March 25, 2021.    LOAN ASSISTANT PRIMARY RESPONSIBILITIES AND DUTIES: Helps package new loan applications Coordinates with Bank Officer to obtain check list items needed for the application file Runs reports on borrowers and entities making application; credit reports, risk scores, UCC filings, data share name checks, flood certifications and bankruptcy records Verifies receipt of deposit when necessary, environmental information, appraisals and required signatures on all exhibits… Read More

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Loans Available for Business Impacted by COVID

Our lending partner, Utah Small Business Loan Fund (USBLF) has funds available for loans to small businesses affected by COVID-19. Loans can be requested for up to $250,000 and have 5-7 year terms and fixed rates. If you are interested in learning more or applying for one of these loans, please contact their loan administrator, Kimberly Holley via email at kholley@mwsbf.com or phone at 801-412-3771. You can also start the application process by visiting USBLF’s website: www.usblf.org

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Tyler Healey Named VP, Commercial Loan Officer for Mountain West Small Business Finance

Article Highlights Mountain West Small Business Finance has named Tyler Healey as vice president, commercial loan officer. Healey will be responsible for the company’s loan production in Northern Utah and Wyoming. You can contact Tyler via email at thealey@mwsbf.com or phone at 435-787-4242 Read the full press release below. January 3, 2020 (Salt Lake City) – Mountain West Small Business Finance (MWSBF), Utah’s largest SBA lender, welcomes Tyler Healey as vice president, commercial loan officer. Based in Mountain West’s office in Logan, Utah (95 west 100 South, Suite 386), Healey will be responsible for the company’s loan production in Northern Utah and Wyoming. “We continue to see positive growth and expansion in… Read More

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Celebrating Women in Small Business

Celebrating Women in Small Business October is National Women’s Small Business Month. We’re celebrating women-owned businesses everywhere, as well as the outstanding progress female entrepreneurs have made over the years! Did you know? -In 1972, women only owned 4.6% of all businesses in the United States. As of 2019, women owned 42% of all businesses -Women-owned businesses grew 21% from 2014 to 2019, and businesses owned by women of color grew at double that rate. Numbers for black women entrepreneurs grew the fastest, with an increase of 50%. In fact, as of 2019, women of color accounted for 50% of all women who owned businesses. -There are nearly 13 million… Read More

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