Davis Loan
Fund
Empowering Davis County Small Businesses The Davis Loan Fund for Economic Development provides strategic financing to viable, non-traditional businesses that may not yet qualify for conventional bank loans. Managed by Davis County on behalf of the Davis County Council of Governments (a 501(c)(3) nonprofit established in 1984), our mission is to stimulate job creation and strengthen the local economy.
Your Path to Bankability We don’t just provide capital; we provide a bridge. Our fund is specifically designed to help your business transition to traditional financing. Borrowers work closely with our Fund Manager to build "bankability" and prepare for future partnerships with commercial lenders.
Use of Funds
- Working Capital & Inventory: Fuel your daily operations.
- Equipment: Purchase necessary furniture, fixtures, and equipment (FFE).
- Expansion: Funding for construction or gap financing.
Eligibility & Application - Coming Soon
If your business is located in Davis County, we want to help you grow. Our streamlined, two-step application process ensures you are qualified before moving to the final review. Please review the “Davis Fund Guidelines” for more information on eligibility.
- Step 1: Complete the initial inquiry form below. If you have questions email aleonardi@daviscountyutah.gov. Once submitted, we will review and contact you.
- Step 2: If qualified from step 1, you will proceed to the full application and receive more information from the Fund Manager. The full application requires a $100 application fee that allows the fund to do a credit check.
- Final Approval: Completed applications are presented for approval at our monthly Board of Directors meeting, composed of Davis County mayors and commissioners.