# Small Business Loans in Utah

> Utah pairs one of the fastest-growing economies in the country — anchored by the "Silicon Slopes" tech corridor from Salt Lake City through Lehi to Provo — with deep roots in outdoor recreation, aerospace and defense, mining, and tourism. Unlike most states, Utah also requires commercial financing providers to register and give borrowers cost disclosures. Hoss Capital matches Utah business owners with funding partners that actively lend from Salt Lake City and West Valley City to Provo and beyond.

## Key takeaways
- Utah's Commercial Financing Registration and Disclosure Act (effective January 1, 2023) requires covered providers to register with the Department of Financial Institutions and disclose total funds, total repayment, total dollar cost, and payment terms—though it does not require an APR figure.
- The economy is led by the 'Silicon Slopes' technology corridor, plus aerospace and defense, outdoor-recreation brands, mining, financial services, and national-park and ski tourism.
- The SBA Utah District Office in Salt Lake City (with a St. George branch) covers the entire state.

## Funding the Utah economy

Utah has spent the past decade as one of the country's standout growth stories.
The Wasatch Front — running through Salt Lake City, West Valley City, Provo, and
the booming tech hub of Lehi — anchors the "Silicon Slopes" software cluster,
while the wider state economy leans on aerospace and defense around Hill Air
Force Base, outdoor-recreation brands, mining, financial services, and a tourism
draw built on five national parks and the Wasatch ski resorts. Steady
in-migration and a young workforce keep new businesses forming and existing ones
hiring, which translates into constant demand for capital.

### Industries we fund across Utah

- **Technology & software** — revenue-based financing and lines of credit for
  the fast-scaling firms along the Silicon Slopes corridor from Salt Lake City
  to Provo and Lehi.
- **Outdoor recreation & products** — working capital and inventory financing
  for the gear makers and retailers the state is known for.
- **Construction & trades** — equipment loans and lines of credit for
  contractors keeping pace with growth across the Wasatch Front.
- **Aerospace, defense & manufacturing** — equipment financing for the supplier
  shops feeding the state's advanced-manufacturing base.
- **Tourism & hospitality** — short-term working capital for hotels,
  restaurants, and outfitters serving national-park and ski-resort visitors.

### What Utah's rules mean for you

Utah is one of a handful of states with a commercial financing disclosure law
on the books. Under the Commercial Financing Registration and Disclosure Act,
providers of covered financing must register with the Utah Department of
Financial Institutions and give you a clear breakdown before you sign — the total
funds provided, the total amount you'll repay, the total dollar cost, and the
payment schedule. One thing to watch: Utah does not require an APR figure, so
ask any provider for the factor rate, holdback percentage, and every fee in
writing so you can compare offers apples-to-apples. Hoss Capital only works with
partners who operate transparently.

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Canonical: https://hoss-capital.pages.dev/locations/utah/

Sources:
- https://le.utah.gov/xcode/Title7/Chapter27/7-27.html
- https://le.utah.gov/xcode/Title7/Chapter27/C7-27_2022050420220504.pdf
- https://dfi.utah.gov/commercial-financing/
- https://dfi.utah.gov/wp-content/uploads/sites/29/2026/02/FAQs-Commercial-Financing-Registration-and-Disclosure-Act.pdf
- https://www.sba.gov/district/utah