Business Loans
Lending for sustainable growth
Commercial & Small Business Loans
Thinking about a Commercial Loan? You’re in the right place! We work with a large variety of industries. So whether your company is well established or just taking off, we’re here to support you. With so many options available, let Deseret First help find the right business loan for you.
Working with the DFCU Business Team
Low Payments & Rates
DFCU offers competitive interest rates and low down payments. As a result, you maximize your return, keeping more money in your own pocket.
SBA Approved Lender
As an SBA approved lender, DFCU offers flexible terms and a variety of lending options. SBA loans offer greater approval rates and low-interest rates. Most importantly, helping your business grow.
No Prepayment Penalty
We understand wanting to minimize your debt. Likewise, the peace of mind that comes with it can be priceless. That’s why borrowing from DFCU means never having a prepayment penalty.
Meet DFCU’s Business Team
Deseret First has been improving business relations for over 60 years. So we are proud to develop personal relationships with businesses throughout our communities. We love to see small businesses succeed! That’s why we offer accounts with no fees. Finally giving you a financial institution you can trust to work for you.
For questions or to apply, call 801-456-7060 or 800-326-3328 ext: 7060. Available weekdays: 9:00am–5:00pm. Additionally, you may request a meeting at any branch.
Brady Smith
Vice President, Business Services
Brady has worked for Deseret First for 15+ years. Brady has been involved in Business Lending for 10+ years. Consequentially helping hundreds of businesses with their financial needs. Brady specializes in structuring loan financing for businesses. As a result, you’ll get a loan that is most favorable for your business. Furthermore, he works with various companies to achieve real estate and construction financing. Brady received a BA in Finance and an MBA from the University of Utah. He served for 8 years as a member of the Navy Reserve.
Ryley Broadhead
Business Loan Servicing Manager
Ryley has been with the Business Services Team at Deseret First for 5+ years. Throughout this time, he has worked with small business owners in a variety of industries. Ryley specializes in accounts, merchant services, auto & equipment loans, and lines of credit. As a fluent Spanish-speaker, he works with those who use Spanish as their primary language. He received his bachelor’s degree in Business Management from Brigham Young University.
Timothy Byrd
Business Relationship Officer
Timothy has been working in banking and finance since 2016. He has a bachelor’s degree from the University of Utah and is a skilled advisor to our business members. Timothy has excellent communication skills and is an expert at helping businesses structure their finances. Timothy excels in helping businesses qualify for the financing that they need to help them achieve their goals.
Julia Day
Business Loan Analyst
Julia has worked for Deseret First since 2018 and joined the Business Services Team in 2020. She specializes in accounts, credit cards, lines of credit, and assisting business members in day-to-day banking operations. Julia received a bachelor’s degree in Mathematics with a Statistics emphasis from the University of Utah.