Press kit

Long before the first World Cup match was played, TMC Community Capital recognized that many California small businesses would need more than an influx of customers to benefit from one of the largest economic moments in the state's history. It launched the World Stage Ready Forgivable Loan Program, backed by a $700,000 grant from Wells Fargo, helping business owners invest in staffing, inventory, equipment, and operations before demand peaked.

Following a successful debut in Los Angeles, Run Your Business 5K is heading to the Bay Area, bringing its community-centered running series to San Jose on Saturday, July 19, from 9 a.m. to 1 p.m. at the Grand Century Mall in Little Saigon. Presented by Wells Fargo, the free event invites residents to experience a morning where movement, local businesses, and community come together in celebration of the people who power San Jose's neighborhoods.

TMC Community Capital (TMC) has announced that Five Star Bank has provided a $10 million credit facility to TMC, a mission-driven Community Development Financial Institution (CDFI) dedicated to fueling the dreams of underserved small business owners across California. The credit facility will dramatically expand TMC's ability to originate below-market-rate microloans — delivering real, tangible opportunity to entrepreneurs who have been shut out of traditional financing for far too long.

Wells Fargo is investing a $700,000 grant into TMC Community Capital as part of a new initiative aimed at expanding access to capital for California small businesses and positioning local entrepreneurs to benefit from major economic opportunities ahead.