MWSBF Welcomes Dianne Flores as Our Newest Servicing Specialist

Dianne Flores Named Newest Servicing Specialist at Mountain West Small Business Finance Mountain West Small Business Finance has named Dianne Flores, servicing specialist. Flores will be responsible for automation and streamlining of Mountain West’s insurance process for their loan portfolio. She will be based in Spokane, Washington and telecommute – supporting the company’s entire loan portfolio. Read the full press release below. March 30, 2020 (Salt Lake City) – Mountain West Small Business Finance (MWSBF), Utah’s largest SBA lender, welcomes Dianne Flores as the company’s newest servicing specialist. Flores will telecommute from Spokane, Washington and will be responsible for the automation and streamlining of Mountain West’s insurance process for their… Read More

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A Message from MWSBF : COVID-19 Stimulus Bill for Small Businesses

We congratulate our nation’s congressional leaders on coming to an agreement and passing a $2 trillion emergency spending bill to combat the economic impact of coronavirus. As we understand it, the bill includes approximately $350 billion aimed at helping small businesses weather the economic storm.  Two pieces of particular importance regarding the legislation include: $17 Billion for SBA payment of borrower principal, interest, and fees for a 6-month period beginning with the next payment due, for 504, 7(a) including Community Advantage, and Microloan borrowers. This is not a deferment but is actual debt forgiveness for the borrower. These SBA payments will be enacted by SBA automatically, so borrowers do not need to contact Mountain West. $325 Billion for the Payroll… Read More

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A Letter from MWSBF President: COVID-19 & SBA Disaster Relief

During this time of COVID-19, social distancing and earthquakes, MWSBF is committed to providing the same level of care and customer service as we always have. We are limiting our in person interactions but remain fully accessible via phone, email or if needed, video conferencing. If you have any questions, please reach out to any of our loan officers via phone or email: Spencer Davis, 801-412-3769, sdavis@mwsbf.com Judd Blakesley, 801-412-3792, jblakesley@mwsbf.com Blake Beck, 801-655-4968, bbeck@mwsbf.com Jeff Vanchiere, 435-652-3761, jvanchiere@mwsbf.com Brooks Harbertson, 801-655-4989, bharbertson@mwsbf.com Tyler Healey, 435-787-4242, thealey@mwsbf.com Anyone with concerns about their small business during the COVID-19 pandemic can be directed to the SBA for Disaster Relief Loans. Beginning today, the… Read More

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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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Brooks Harbertson Named VP, Commercial Loan Officer for Mountain West

MWSBF Names Brooks Harbertson as Vice President, Commercial Loan Officer for Company’s Utah County Operation Article Highlights: Brooks Harbertson Mountain West Small Business Finance has named Brooks Harbertson as vice president, commercial loan officer at their Orem, Utah office. In his new capacity, Harbertson will support the Central Utah operation. Harbertson has worked in a number of different lending capacities for more than 15 years. Most recently he worked at Mountain West Bank and for Zions Bank. Brooks can be contacted via email at bharbertson@mwsbf.com. Read the full press release below. June 26, 2019, (Salt Lake City) – Mountain West Small Business Finance (MWSBF), Utah’s largest SBA lender, welcomes Brooks… Read More

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Randy Fischer Named VP, Commercial Loan Officer – Bridgerland for Mountain West

Randy Fischer Named Vice President, Commercial Loan Officer – Bridgerland for Mountain West Small Business Finance Article Highlights Mountain West Small Business Finance has named Randy Fischer as vice president, commercial loan officer – Bridgerland. Fischer will be responsible for the company’s loan production in Northern Utah and Wyoming. Fischer comes to Mountain West with a wealth of experience—more than 15 years in the banking industry. Vice president and loan officer Judd Blakesley, who was recently named MWSBF’s manager of marketing & government relations previously had oversight for the Bridgerland region. You can contact Randy via email at rfischer@mwsbf.com or phone at 435-938-8207 Read the full press release below. June… Read More

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Saffron Valley: Small Business Spotlight

Saffron Valley Special The newest addition in the Saffron Valley family is part restaurant, part market and part chai house. With small business financing from Mountain West, Saffron Valley was able to hire 12 more employees at their new Sugarhouse/Liberty Wells location in Salt Lake City. The new 5000 square foot location also includes a culinary school, making it a one stop shop for anyone who wants to explore Indian food. The tour de force behind Saffron Valley is Lavanya Mahate. Born and raised in Southern India, Mahate watched her mom, with some help from Kanthama (their kitchen help) cook for her large extended family, and her joy for all things… Read More

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Western Nut Company: MWSBF Borrower Spotlight

April 1966, Wellington McDonald and Helen Bean founded the Western Nut Company with a business model that called for acquiring the highest quality of raw nuts in the industry, and then roasting them to perfection. Ownership changed hands in 1983, and the company has remained family-owned ever since. Throughout Western Nut’s 50-plus year history, the hallmarks of quality and freshness remain tenants of the company’s success to this day. With an SBA504 Loan, Loren Mercer and his business partners —his brothers Lloyd Mercer and Lee Mercer—purchased the existing Western Nut factory store property after Loren had spent 10 years working as an executive for Western Nut. In addition to the factory… Read More

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Valley Market: MWSBF Borrower Spotlight

“Every decision that was made during this process was focused on our guest.” – Kip Wilkes, owner Valley Market in Thayne, Wyoming Kip Wilkes’ Valley Market used an SBA504 (small business loan) for an expansion and remodel of the store. Valley Market has been a staple in Thayne, Wyoming for more than 25 years. The remodel and expansion, nearly doubles the size of the store (from 18,000 sq feet to 33,000). The updated décor was chosen specifically to reflect the colors, textures and design elements found throughout Star Valley. Additionally, the remodel puts customers first with guest focused flourishes that run the gamut from larger aisles to more high quality… Read More

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