Blog
Our Latest News & Blog
504 Cap Increase Included in Proposed Funding Bill
A Message from our CEO Great news for small businesses and their lending partners! The National Association of Development Companies (NADCO) announced an increase to the 504 authorization cap has been included in the proposed funding bill for the remainder of fiscal...
Masters of 504 Lending Series #1
MWSBF is presenting a 12-part series titled Masters of 504 Lending. Each month, a new webinar will provide education and a Q&A forum related to different aspects of SBA 504 loans. The first installment in this series focuses on an overview and introduction to...
Good News/Bad News: SBA 504 Loans are out of money for FY2021
The good news is the SBA 504 product has never been more successful. The bad news is, because of its success—for new purchase, construction and refinance with expansion, the program is estimated to run out of money in a couple of weeks for the remainder of SBA’s...
Watch our Webinar on SBA Refinance
https://youtu.be/l01wnZGnzFw MWSBF invited NADCO's Executive Vice President Wayne Williams to go over the new changes and updates to the refinance program. We discuss program eligibility. You can watch the recorded webinar above or download the webinar slides by...
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...
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...
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...
Update on April 1st SBA Loan Payments
SBA Will Be Making April 1st Loan Payments Great News! Mountain West has just been notified that the SBA will be making the April 1 payment for all SBA 504 loans. This will be the first of six monthly payments made on behalf of the business. These payments will not...
SBA Warns of CARES Act Scams & Fraud: How to Detect Them and Protect Yourself
The Small Business Administration Office of Inspector General (SBA OIG) sent out a notice regarding numerous fraud, scam, and phishing messages targeting small business owners. Below is the letter they sent out which includes tips about recognizing, avoiding and...
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...
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...
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...