OUR MISSION:

TMC Community Capital is a non-profit microlender committed to providing fast and affordable online financing, to fostering financial stability, and to encouraging entrepreneurship among women-owned, low-income and under-resourced small businesses in California.

Hear from our staff and clients about who we are and what we do:

OUR COMMITMENT

TMC Community Capital is proud to be a signatory of the Small Business Borrowers’ Bill of Rights, developed by the Responsible Business Lending Coalition. These guidelines mirror our commitment to fair credit and small business funding access for all.

Small Business Borrowers’ Bill of Rights

The Small Business Borrowers’ Bill of Rights identifies six fundamental rights that all small business owners seeking financing deserve:

  1. The Right to Transparent Pricing and Terms: A borrower has the right to have the cost and terms of any financing being offered presented to them in writing and in a form that is clear, complete, and easy to compare with other financing options, so they can make the best decision for their business.

  2. The Right to Non-Abusive Products: A borrower has the right to expect that the financing products offered by a lender will not trap his/her business in an expensive cycle of re-borrowing.

  3. The Right to Responsible Underwriting: A borrower has the right to expect a lender is offering financing based on underwriting practices that assess the ability of the borrower’s business to succeed and repay.

  4. The Right to Fair Treatment from Brokers: A borrower has the right to honest, transparent, and impartial communications with a broker regarding loan options, conflicts of interest, fees, and the financing options available.

  5. The Right to Inclusive Credit Access: A borrower has the right to fair and equal treatment when seeking a loan including protections guaranteed under the Equal Credit Opportunity Act.

  6. The Right to Fair Collections Practices: A borrower has the right to be treated fairly and respectfully throughout a collections process and the right to protections like those guaranteed under the Fair Debt Collection Practices Act.