In Need of Funding? The Davis Loan Fund Can Help

There are numerous resources within Davis County and the state of Utah to better serve your business. Whether you are looking to relocate, expand or you have some other business need, there’s a good chance Davis County’s Community and Economic Development department can help. They want your business to succeed, because without businesses like yours in our community, our economy can’t thrive.

Business Financial Options

The Davis Loan Fund for Economic Development is a small business loan program designed to create jobs and help grow the Davis County economy by providing financing options to viable but non-traditional businesses. The Fund is managed by the County on behalf of the Davis County Council of Governments, Inc., a 501c3 nonprofit organization established in 1984, governed by a board of directors made up of the mayors and county commissioners of Davis County.

Davis County Economic Development is focused on three core areas, business retention, expansion and recruitment. If you are approved for a loan through the Davis Fund, you can use the funding for FFE (furniture, fixtures, and equipment), working capital, inventory, construction or gap financing.

Who Can Apply?

The Davis Loan Fund is open to businesses located in Davis County. If you are in need of funding, you may submit an application through their online portal. Staff will review your application and get back to you if you qualify and if they would like you to present to the Council of Governments for further consideration. Apply today!

GOEO Grants

To further support Utah businesses, the Utah Legislature occasionally allocates grant funding and programs. The Governor’s Office of Economic Opportunity (GOEO) has various initiatives that can assist your business with various grant programs. These include:

If you’re interesting in applying, or have any questions about Utah’s Office of Economic Opportunity grants, be sure to check out their guide to applying for Economic Opportunity Office grants today.

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