Business Loans

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In January of 2018, Provo City finalized its participation in a revolving loan fund. This fund allows for businesses within Provo City boundaries to apply for a minimum of $50,000 and up to $175,000 of a low-interest rate loan, funded in part with Provo City, and Business Loans Utah, a subsidiary of Utah Center for Neighborhood Stabilization. This loan is designed and structured to assist with economic and local business growth. However, only businesses that are in a unique position where they have proof of cash flow and approved collateral, but do not have enough capital to get to the next step, are encouraged to apply

For questions about the loan and qualifications, please contact Cameron Christensen from our office at cachristensen@provo.org or 801-852-6175 or visit utcns.com.