Utah businesses can apply online; decisions rest on deposits, time in business and bank activity rather than collateral.
Check my optionsLocal funding
Salt Lake City has one of the fastest-growing small-business scenes in the Mountain West, from Silicon Slopes tech services to construction, outdoor recreation and hospitality. When bank criteria or timelines get in the way, revenue-based funding offers a faster route sized on deposits.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
Net cash, total payback and payment shown before you sign.
You can apply at 500; stronger credit opens more products.
Existing balances of $100,000 or less can be bought out.
Approved files are usually funded the next business day.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Growth creates its own cash strain. Wasatch Front contractors juggle materials and payroll on a steady stream of residential and commercial projects; outdoor and ski-related businesses earn most of their revenue in a few months; restaurants and retailers along the growing suburbs need equipment and inventory ahead of demand. Banks often want two years of returns and strong credit, which younger or seasonal businesses may not yet show.
Revenue-based funders review several months of business bank statements, focusing on deposit consistency, daily balances and existing payments, and consider personal credit from 500. Decisions can come the same day with funding the next business day once documents are complete. For seasonal businesses, ask for payments sized to shoulder months or tied to a percentage of sales.
Utah was among the first states to adopt a commercial financing registration and disclosure law, which applies to certain providers. Ask for the written disclosure showing the amount, total cost and payment terms, and compare offers on net cash and total payback rather than headline figures.
Local resources are worth knowing for longer-term needs: the Utah Small Business Development Center network offers free advising, and SBA lenders and community lenders serve the region. Through MFE, one application reaches multiple funders so Salt Lake City owners can compare fast options alongside any bank quote.
A Salt Lake City business with steady deposits might see an offer like this. Illustrative numbers.
| Amount funded | $25,000 |
| Factor rate | 1.38 |
| Total payback (amount × factor) | $34,500 |
| Fees deducted at funding (2%) | $500 |
| Net cash you receive | $24,500 |
| Weekly payment over 44 weeks | $784 |
| Same total as daily debits (~220 business days) | $157/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Construction and trades | Materials and payroll between draws |
| Outdoor and ski businesses | Pre-season inventory and staff |
| Tech services | Payroll while clients pay on terms |
| Restaurants | Equipment and buildout |
| Retail | Inventory for growth |
Good fit:
Probably not yet:
Often a same-day decision and funding the next business day.
Utah adopted a registration and disclosure law covering certain providers.
Yes; ask for payments that fit the off-season.
The Utah SBDC network offers free business advising.
Banks often require it; revenue-based funders review several months of deposits.
Yes, put all offers in total payback and net cash terms.
Underwriting is similar nationwide; Utah disclosure rules affect how offers are presented.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding