Over the past 12 months, TMC Community Capital has been utilizing the $500,000 grant awarded by Wells Fargo to support small businesses and pilot their innovative Microloan Lite program.

In its first community grants cycle of 2023, the Umpqua Bank Charitable Foundation, a 501(c)(3) organization of Umpqua Bank, under the parent company Columbia Banking System, Inc. (Nasdaq: COLB), has awarded 78 grants to local nonprofits including TMC Community Capital.

The SAM Initiative has generously granted $80,000 to TMC Community Capital, recognizing the organization's dedication to driving social change and promoting economic independence. We are grateful to the SAM Initiative for their investment in our mission and the positive impact it creates for our community.

Benzinga, May 26, 2023

Amid the thriving entrepreneurial landscape of California, a transformative financial force has emerged. This force, known as TMC Community Capital, eschews traditional lending practices and the associated barriers. Its innovative approach to approving loans offers a breath of fresh air in the financial world.

The National Association for Latino Community Asset Builders (NALCAB) has awarded TMC Community Capital $35,000 in funding and specialized training to more effectively serve minority business owners.

Opportunity Finance Network, April 28, 2023

Guillermo, in business for 11 years with over half a million dollars in cash, was rejected for funding due to lack of financial history and credit issues when trying to secure funds for a new contract. Luckily, he discovered TMC Community Capital.

Thank you for your investment in access to affordable capital.

TMC Community Capital is so grateful for your support of our work serving credit-invisible entrepreneurs.

We are so excited and grateful to welcome a new investment in our loan products!

Thank you for supporting our operations as we continue to grow our organization and innovate for equity.

It’s always a privilege to welcome a new funding partner!

2022 was a huge year for us, and we have so much more in store for 2023.

We’ve served over a third of California counties, and increased our reach to rural businesses by over 100% in the last year!

We’d like to thank the FHL Bank of San Francisco for supporting our work through their AHEAD program.

We are so proud and excited to be making strides in new Racially Just Underwriting models

Thank you for your investment in our work supporting under resourced entrepreneurs impacted by the COVID-19 pandemic.

The OFN CDFI Technology Grant Program supported by Google.org provided $11 million to support 55 OFN member CDFIs across the country. TMC CC is thrilled to be included among other great awardees.

OFN congratulates the latest Finance Justice Fund recipients. We are grateful to be a recipient.

San Francisco Business Times, May 16, 2022

The lender's first full-time CEO has deep roots in microfinance, which is focused on making business loans to women, minority and low-income entrepreneurs.

City of San Jose, March 21, 2022

OEDCA Director Nanci Klein introduced the OEDCA staff member and interpretation teams, along with an impressive line-up of community-based organizations that are able to provide no- or low-cost support and information on loans, grants, and business services to Flea Market vendors.

SAN JOSE — February 22, 2022 4:30pm

Local lender and technical assistance provider help retailer expand during pandemic

January 2, 2022

TMC Community Capital (TMC CC) is thrilled to announce the rollout of our new pilot microloan program, Microloan Lite, focused on increasing the accessibility and efficiency of small loans between five and ten thousand dollars.

Long Beach Business Journal, August 16, 2021

When the pandemic restrictions shut down her business, Ylenia Mino had to shift focus. A $5,000 Bloom small business grant facilitated by TMC Community Capital helped her doors stay open.

August 6, 2021

Over the past 8 months, TMC Community Capital facilitated $1.2 million in grant funding towards California small business hit hard by the COVID-19 pandemic.

August 2, 2021

TMC Community Capital (TMC CC) has been certified as a Community Development Financial Institution (CDFI) by the U.S. Department of the Treasury. It joins a network of like-minded organizations that provide financial services to low-income communities and individuals who are excluded from typical forms of lending.

June 7, 2021

TMC Community Capital (TMC CC) has launched a Recovery Loan Program for small businesses impacted by the coronavirus pandemic. The Recovery Loan Program, made possible in part by a generous donation from First Foundation Bank, is designed to support California’s small businesses—especially those located in economically disadvantaged and historically under-banked areas of the state.

June 7, 2021

TMC Community Capital is excited to welcome our new Business Development Officer, Mayra Contreras, to the team. She brings a wealth of experience in community development, with over 14 years of experience in the financial services space and six years in microlending.

June 1, 2021

TMC Community Capital (TMC CC), was awarded $25,000 from MUFG Union Bank to support a Recovery Loan Program for small businesses impacted by the coronavirus pandemic.

May 18, 2021

In partnership with TMC Community Capital, the Bloom Grant Program has provided 20 struggling small businesses in Long Beach, Lakewood, Seal Beach, and Los Alamitos with $5,000 each in economic assistance.

February 4, 2021

Federal relief packages like the PPP loan often failed to reach those who needed it most, with only 2% of funds going to minority-owned businesses (Forbes). The Recovery Fund was launched to help mitigate this harm and provide relief to those businesses in greatest need.

Los Angeles Times, December 25th, 2020

In partnership with Pacific Community Ventures and TMC Community Capital, the owners of skin-care company Dermalogica decided to launch Found/L.A. Small Business Recovery Fund, a $1-million grant program to help small minority-owned businesses in Los Angeles County stay open during the pandemic.

Los Angeles Times, Nov. 30th, 2020

“The pandemic has brought into clear focus the importance of small business in the community in a way that I’ve never seen before,” Morrison said, adding that the new wave of Covid shutdowns – and the lack of additional federal relief legislation – has been devastating for many of these firms.”

Escalon Times, Nov. 25th, 2020

“The local Country Kids Child Development Center was among more than 600 businesses in San Joaquin County to receive some funds through the CARES Act. It was one of seven Escalon businesses or non-profits to receive a grant, with the funding distributed for a variety of needs.”

Biz Women, Nov. 16th, 2020

“I love seeing my clients expand their personal confidence. They come to me questioning if they have what it takes to accomplish their goals, but after working with me, their manifestations become reality. I love to know that I played a part in helping another woman’s dreams come true.”

Biz Women, October 30, 2020

"Knowing when to pivot in your career or with your company is critical. It takes courage. After a long career working for the City of Los Angeles, I took the risk to start my own consulting firm.”

Biz Women, Oct. 19th, 2020

“Being a great recipient means so much to me and my business. It was the blessing I'd been waiting for some time now, and TMC Community Capital made it come true. It was the support and encouragement we needed to continue in this stressful and discouraging time.”

Biz Women, October 8, 2020

“I am passionate about giving back and providing mentorship to the younger generation. I now serve on the Financial Women of San Francisco Scholarship Committee and have the privilege of meeting women with bright futures.”

Biz Women, October 5th, 2020

"Inspired by my grandfather’s love of gardening, I decided to open my florist shop, Esscents of Flowers, in Oakland, California in 2016. I am a proud East Oakland native and I am proud to own a business in a community that is rich in culture and political awareness.”

Biz Women, September 3, 2020

As our communities reopen, women across America see their lives becoming more complicated as they juggle responsibilities at home and at work (which is often still at home), caring for coworkers, customers and family.

Capital Weekly, August 25, 2020

Study after study shows women business owners, particularly women of color, face inequities accessing needed capital. According to a report from the Senate Committee on Small Business Entrepreneurship, less than 5% of small business lending finds its way to women entrepreneurs, a mere $1 for every $23 lent.

ABC 7 New, August 3, 2020

CEO and Founder, Barbara Morrison shared about the Small Business, Big Heart Grant Program. Taylor Jay, one of the grant recipients, joined Morrison to share her story as an owner of a clothing shop in Oakland. We are proud to help small businesses like hers.

News Break, July 17, 2020

Protests over racial injustice in recent weeks spurred TMC Community Capital to create a $750,000 grant program supporting microbusinesses that are often women and minority owned.

Yahoo Finance July 16, 2020

“We are grateful for the support from Signature Bank and TMC Financing, which makes this program possible,” said Hanna Leen, program manager of TMC Community Capital. “Small businesses pulled the economy out of the Great Recession by creating two-thirds of all net new jobs. With everyone’s help, it can be done again.”

Los Angeles Business Journal, July 16, 2020

“The stories of the struggles facing our very small businesses are heartbreaking, and I wanted to do more, especially for women and minority-owned businesses that weren’t able to access the federal funding,” TMC Financing’s founder and CEO Barbara Morrison told me.

Business Wire, July 16, 2020

“We are pleased to support TMC’s innovative grant program. Our $250,000 donation is earmarked specifically for helping restore primarily those minority and women-owned small businesses throughout the Bay Area and the greater Los Angeles region - where the Bank has operations. This affords Signature Bank the opportunity to strengthen the most vulnerable small businesses - those that make up the fabric of our dynamic, local communities,” said Joseph J. DePaolo, President and Chief Executive Officer at Signature Bank.

ForexTV.com, July 15, 2020

In creating a grants program for microbusinesses, often owned by women of color, TMC Community Capital’s CEO, Barbara Morrison said: “We don’t work in the social justice world. I view our lane as economic justice.”

San Francisco Business Times, July 15, 2020

“We wanted to build a program that was easy and equitable, so we are turning to members of the community and asking them to champion the small businesses they love,” Morrison said. “We hope to serve 100 of the most vulnerable businesses with the majority of them owned by women of color.”

San Francisco Business Times, December 11, 2019

Barbara Morrison, founder and president of TMC Financing, has created TMC Community Capital to offer an alternative to merchant cash advances offered by Square, PayPal and others. TMC Community Capital plans to market its service to women-owned businesses.