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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President’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

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Thank You for a Tremendous Year!

Before the clock officially strikes midnight, we wanted to take a moment and officially thank all those that chose Mountain West Small Business Finance to help with their small business financing needs. From land, building and equipment purchases to refinancing and working capital options, we’re thankful for the opportunity to help businesses succeed. Thanks for a great year and cheers to a bright future in 2019 and beyond.

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