TMC Financing
Nonprofit SBA 504 lender in Oakland for owner-occupied buildings and long-life equipment in six western states and Guam.
About
TMC Financing says it is "a nonprofit Certified Development Company (CDC)" that helps business owners "purchase, build, and refinance commercial real estate" through the SBA 504 loan program, and that it serves Alaska, Arizona, California, Guam, Hawaii, Nevada and Oregon. Its equipment page says machinery and equipment with a long useful life "can be purchased with an SBA 504 equipment loan independent of real estate." It also lists SBA Community Advantage loans of $50,000 to $350,000. It is one of the most active SBA 504 lenders by SBA's count. Who it is for: Small businesses in those states that want to own the building they work in or buy long-life machinery.
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