Loan Products
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Milestone Loan
Amount: $5k
Terms: 18 months
Interest: 10%
Fee: 5%
Documents Required: Bank Statement (1 month), Proof of Business, Valid Government issued ID -
Micro Loan
Amount: $5k-$20k
Terms: 1-3 years
Interest: 7.5-8.5%
Fee: 5%
Documents Required: Bank Statement (Last 3 monts), Proof of Business, Valid Government issued ID -
Small Business Loan
Amount: $20,001k-$50,000k
Terms: 2-5 years
Interest: 7.5-10.5%
Fee: 5%
Documents Required: Bank Statement (1 month), Proof of Business, Valid Government issued ID, Most recent tax returns (personal and business), Profit and loss (if tax return not available)
Get Loan Ready
Eligibility Requirements
For profit California business owner
In operation and generating revenue for at least 12 months
Excluded Industries: Adult entertainment, Cannabis, RideShare, Real Estate, Speculative Industries, Weapons/Ammunition, and more*
No minimum FICO score. ITINs are accepted.
*If unsure, please contact us for clarification.
Frequently Asked Questions
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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.
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Please contact the Community Milestone Partner directly.
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Most recent bank statements (business bank statement if available), Gov issued photo ID, proof of business
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Please refer to Community Milestone Partner regarding an application or status questions.
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Yes, we run personal credit.
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Yes, we report ONLY your personal credit to all 3 agencies (Experian, Transunion, Equifax)
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The minimum payment is $300.
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The payment is due the 5th of every month and is taken out automatically (ACH) out of the account you provided
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Email our servicing department: servicing@tmccommunitycapital.org or call us at 415-655-5419.
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You can reach out to the Community Milestone Partner
or
Natalie Del Toro: natalie@tmccommunitycapital.org