TMC Community Capital provides affordable loans ranging from $5,000 to $50,000 to small businesses, with a focus on those that are historically excluded from traditional financing.
https://tmccommunitycapital.org/resources
2101 Rosecrans Ave, Suite 4280
El Segundo, CA 90245
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.
Loan Products:
Microloan
$5,000 – $20,000
Term: 1 – 3 years
Interest Rate: 7.5-8.5%
Processing Fee: 5%
Documents Required:
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Last 3 months of bank statements
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Proof of business
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Valid government-issued photo ID
Document Upload Support:
Small Business Loan
$20,001 – $50,000
Term: 2 – 5 years
Interest Rate: 7.5-10.5%
Processing Fee: 5%
Documents Required:
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Last 3 months of bank statements
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Proof of business
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Valid government-issued photo ID
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Most recent year of business and personal tax returns
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Prior year profit and loss if tax returns are not available
Milestone Loan – $5,000
Get Started with a Community Partner
Eligibility Requirement for our Loan Products:
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For profit California business owner
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In operation and generating revenue for at least 12 months
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Excluded Industries: Adult entertainment, Cannabis, RideShare, Real Estate, Speculative Industries, Weapons/Ammunition, and more
*No minimum FICO score
*ITINs are accepted
*TMC CC does not discriminate against any employee or applicant because of race, creed, color, religion, gender, sexual orientation,
gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), or any other basis protected by law.
Small
Business
Strong
Economic Relief Fund
In this critical moment, we must act boldly.
By providing relief grants to small businesses, they demonstrate their unwavering commitment to community, ensuring that no one is left behind on the path to recovery. Small businesses are the heartbeat of our country – join us in supporting them to foster hope and resilience.
Together, we can
Provide forgivable loans to entrepreneurs whose businesses have been disrupted, giving them the stability they need to recover and move forward.
Why small businesses?
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No access to paid time off or emergency income
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Often uninsured or underinsured
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Frequently excluded from federal relief programs
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Limited cash reserves during unexpected disruptions
What Forgivable Capital Can Do:
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Replacement of lost income
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Relocation or reopening costs
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Essential needs for business owners and their families
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Repairs, equipment, or inventory replacement
Who needs our support:
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Micro-businesses
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Self-employed workers
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Service industry entrepreneurs such as gardeners, housekeepers, nannies, food businesses & many more.
Impact to-date:
Over $1.6 million has been deployed to support more than 220 entrepreneurs.
EmpowHER Fund
This fund is dedicated to providing capital for women-owned small businesses. The loans range from $5,000 to $50,000. In 2019, 1,800 new female-owned businesses were added to the economy every day, while only 1 in 23 dollars lent went to women. Even when controlling for credit risk, women were approved 10% less often than their male counterparts. In 2021, half of the women who started businesses were the primary breadwinners of their household. In 2024, more than 1 in 4 business owners said they were harmed by predatory lending within the last year.
Their mission is to invest in the dreams of women, protect them from predatory lending, and help them create generational wealth for their families.
They have supported 394 women-owned businesses with $6,376,606 to date
