Why do we focus on small business lending in Salt Lake City, Utah? You might consider that a ridiculous question. Of course, we focus on small business lending in Salt Lake City, Utah, because we live and do business here, but there is another... (Read More)
When you consider that 82% of all small businesses fail because of cash flow issues, it shouldn’t be hard to view cash flow issues through an entirely different, and entirely urgent, lens. It takes the confluence of many factors to build a... (Read More)
We live in uncertain times. With inflation rising, wars in Europe, and pandemics that seem to come and go in waves, many are experiencing high levels of stress, whether at home or work. As a Utah-based business, do you focus on the health and... (Read More)
In March 2020, the COVID-19 pandemic hit the United States in full force. The result was unlike anything we have seen in over a century. Businesses right here in Salt Lake City and beyond were hit hard by a disease no one saw coming and even fewer... (Read More)
Companies all over Utah are growing. Utah is currently the fourth fastest-growing state in the United States and you can certainly tell by the big movements happening in the business sector. As a premier business banking provider in Salt Lake... (Read More)
We recently wrote a blog post discussing the pros and cons of buying commercial real estate for your company, whether to occupy or lease. There were certainly compelling reasons to buy as well as not to buy. Leasing is also an option. And as more... (Read More)
It's incontrovertible fact: every small business needs to be able to adapt to change, especially during times of uneven growth or cash flow. That’s where we come in. Utah community banks like ours specialize in helping small businesses access to... (Read More)
You may have not heard of treasury management in Utah, but it is important to your business. Unfortunately, treasury management has long been relegated to a back-office duty that doesn't get much attention. And yet, today, treasury management has... (Read More)
Here at First Utah Bank, we're proud to offer comprehensive business banking services for small and medium-sized businesses in Salt Lake and Utah County. Yet, with so many new businesses taking advantage of government funds, many may be wondering... (Read More)