The Great American Story I sit with Seng and Hensen Rin for almost an hour. They’re the father-son team behind S&B Aluminum Foundry in West Valley City, Utah. Seng, the father and owner of S&B, is originally from Cambodia. His son Hensen, the company’s vice-president, was born in the states after Seng (an orphan who escaped the Cambodian Killing fields in the late 70s) was moved from a refugee camp in Thailand to the states. Seng’s story has all the makings of a NYT Bestseller. I’m on the edge of my seat, and also somewhere between disbelief and astonishment the entire time the tale is relayed. Hensen, peppers in commentary,… Read More
Continue ReadingKimberly Holley Promoted to AVP-Loan Officer for Mountain West Small Business Finance
May 7, 2019 – (Salt Lake City) – Mountain West Small Business Finance (MWSBF), Utah’s largest SBA lender, also operating throughout Wyoming and the mountain west, is pleased to announce that Kimberly Holley has been promoted to AVP-Loan Officer (effective May 1, 2019). In her new capacity Holley has oversight for all community advantage and economic revolving loan funds, and reports directly to Spencer Davis, vice president and senior lending officer. “For more than a decade, Kim has contributed to the success of small businesses across the mountain west,” Davis said. “She’s been a key player in our company’s success, working in our Orem and Salt Lake offices, and taking best practices from… Read More
Continue ReadingMWSBF Shares Love of Small Businesses by Launching Free Online Training
February 14, 2019, (Salt Lake City) – Mountain West Small Business Finance (MWSBF), Utah’s largest SBA lender, also operating throughout Wyoming and the mountain west, announces a new training about the SBA 504 program available online. The webinar is free and available at https://tinyurl.com/SBA504MWSBF. “We’re excited to share our expertise in the field of small business lending,” said John D. Evans, president Mountain West Small Business Finance. “For more than 30 years, we’ve been sharing this information with bankers and lending institutions across the mountain west – but our efforts have been primarily focused in Utah. This new online instruction—originally shared with lending institutions from Wyoming—is now available to anyone… Read More
Continue ReadingPresident’s Message Regarding the Continuing Resolution
Mountain West Small Business Finance president John D. Evans released a statement regarding the continuing resolution: Dear Friends, A continuing resolution to re-open the government has been passed, which will provide appropriations through February 15, 2019. With the enactment of this resolution, the lapse in appropriations has ended and furloughed federal employees will return to work on their next regularly scheduled workday. In anticipation of the government re-opening, Mountain West Small Business Finance has been accepting loan applications, structuring projects, and underwriting and approving loans internally to mitigate any loss in production. We will begin to submit pending projects this week to the SBA for final approval. Please be mindful… Read More
Continue ReadingPresident’s Message Regarding Government Shutdown
Mountain West Small Business Finance President John D. Evans released a statement regarding the government shutdown and how MWSBF’s operations are affected: “We received updated information related to the 504 Loan Program regarding SBA operations during the government shutdown. First, and perhaps most importantly, is that funding has been deemed as a necessary function of government, so approved loans that don’t require any modification, will move forward with funding as scheduled. “Second, if there are any changes, including but not limited to project costs, the loan will be postponed until the government re-opens and those changes can be made. “Additionally, under current government shutdown restrictions, no new loan applications can be… Read More
Continue Reading