At First Utah Bank, your company is our first priority. We are dedicated to providing banking products designed to help your small business grow and succeed.
Because financing is vital for growing companies, we offer a wide range of loan options for small businesses. Our lineup includes the U.S. Small Business Administration’s 7(a) loan program, which can be used to purchase or refinance equipment and/or owner-occupied commercial real estate, make leasehold improvements, consolidate business debt, finance a business acquisition or start a business. We also offer the SBA 504 loan program, which is designed to provide long-term, fixed-rate financing for small businesses that are buying, constructing or refinancing owner-occupied commercial real estate. In addition, we offer loans for other small business needs, such as exporting.
Our Free Business Checking allows you to retain more money in your account by helping you avoid unwanted fees. Designed for businesses that average fewer than 100 ACH debits and checks per month, there’s no minimum balance requirement, and you can make unlimited deposits and Visa debit card transactions. Our High Yield Business Money Market account allows you to earn a higher rate on your larger balances while providing easy access to your funds. Your funds won’t be tied up in certificates or other investments, and if the daily balance in your account remains above $25,000, you will not pay a monthly service fee.
At First Utah Bank, we’re always looking for ways to make your life as a small business owner easier. With First Utah Bank’s real-time Business Internet Banking services, for example, you can easily and efficiently manage your company’s cash position. Our online tools help you monitor account balances, transfer funds, obtain copies of checks, deposits, statements, and much more.
Want to learn more about First Utah Bank’s business tools and services? We want to hear from you!