TMC Community Capital
TMC Community Capital is a California-based nonprofit fintech CDFI that provides microloans ($5k–$20k) and small business loans ($20k–$50k) to under-resourced entrepreneurs, delivering capital through a 100+ community partner network and a direct online application platform.
- Company typePrivate
- Founded2019
- HeadquartersOakland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TMC Community Capital does
TMC Community Capital is a 501(c)(3) nonprofit fintech Community Development Financial Institution (CDFI) that provides microloans and small business loans to under-resourced entrepreneurs across California. The organization offers a tiered lending product set: a $5,000 Milestone Loan (18-month term, 10% interest, 5% fee) designed for credit-building, Micro Loans of $5,000–$20,000 (1–3 years, 7.5–8.5% interest), and Small Business Loans of $20,001–$50,000 (2–5 years, 7.5–10.5% interest, 5% fee). It requires no minimum FICO score and accepts ITINs, with origination available through a digital application platform (tmc.letspresta.com) and through a network of 100+ community partner organizations spanning 65% of California counties. Headquartered in Oakland with offices in San Jose and El Segundo, TMC employed 11–50 staff as of the most recent reporting period and originated 417 loans totaling $5.6M in 2025, serving a borrower base that was 95% entrepreneurs of color, 80% low-to-moderate income, and 53% women-owned.
The company combines community-based underwriting — which weighs relationship and character alongside financial metrics — with a streamlined technology-enabled application process, reporting to all three credit bureaus to support borrower credit progression. Its distribution model is hybrid: direct online applications for self-serve borrowers, plus a partner-led channel where community development corporations, chambers of commerce, and business support organizations handle outreach, education, and application support. Revenue is generated primarily through loan interest (7.5–10.5%) and origination fees (5% on Milestone and Small Business Loans), supplemented by grant-funded programs including Small Business Strong (disaster recovery grants and forgivable loans) and educational programs like Beyond the Hustle. Capital is sourced from a mix of institutional partners including JPMorganChase, Wells Fargo, U.S. Bank, Comerica, First Foundation Bank, the Federal Home Loan Bank of San Francisco, and a $500,000 award from the U.S. Treasury's CDFI Fund, with TMC also certified as a CDFI and recognized as a Candid Platinum Seal nonprofit.
Beyond lending, TMC operates an "impact as a service" platform that includes the Beyond the Hustle educational media series, the Run Your Business 5K community events sponsored by multiple banks, and the Small Business Strong disaster recovery initiative, which has disbursed $1.6M and supported 250 entrepreneurs. The organization reports a 98.5% portfolio repayment rate, 200,000+ individuals educated through programs, and 77% of returning clients securing larger follow-on investments. It is governed by a board including executives from Latham & Watkins, Rippling, East West Bank, and CAMEO, and is led by CEO Daniel Fernandez.
TMC Community Capital firmographics
Firmographics- Name
- TMC Community Capital
- Legal name
- TMC Community Capital
- Website
- https://tmccommunitycapital.org
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TMC Community Capital is a California-based nonprofit fintech CDFI that provides microloans ($5k–$20k) and small business loans ($20k–$50k) to under-resourced entrepreneurs, delivering capital through a 100+ community partner network and a direct online application platform.
- Ownership category
- akta.pro rank
Where TMC Community Capital is headquartered
LocationHeadquarters
- HQ city
- Oakland
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
TMC Community Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Loan Interest: TMC Community Capital generates revenue through interest charged on microloans and small business loans. Interest rates range from 7.5% to 10.5% depending on loan product type.
- Loan Fees: Origination and processing fees charged on loan products, including 5% fees on Milestone Loans and Small Business Loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Milestone Loan - $5,000, 18 months, 10% interest, 5% fee |
| Unit Pricing | Monthly | Micro Loan - $5,000-$20,000, 1-3 years, 7.5-8.5% interest |
| Unit Pricing | Monthly | Small Business Loan - $20,001-$50,000, 2-5 years, 7.5-10.5% interest, 5% fee |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels5 records
TMC Community Capital product offering
Product offeringCore offering
TMC Community Capital is a nonprofit CDFI providing tiered microloans and small business loans ($5,000 to $50,000) to under-resourced California entrepreneurs, delivered through a community-based underwriting model with 100+ partner organizations. Core products include a Milestone Loan ($5,000), Micro Loan ($5,000–$20,000), and Small Business Loan ($20,001–$50,000), with below-market interest rates of 7.5–10.5%, no minimum FICO requirement, and ITIN acceptance.
Product overview
TMC Community Capital is a nonprofit fintech CDFI offering a tiered loan product portfolio for under-resourced California entrepreneurs. The core offerings consist of three loan products: Milestone Loan (entry-level $5k credit-building loan), Micro Loan ($5k-$20k), and Small Business Loan ($20k-$50k). These are delivered through a community-based underwriting model that partners with 100+ local organizations for outreach and borrower support. Supplementary programs include Small Business Strong (disaster recovery with grants/forgivable loans) and Beyond the Hustle (educational events/media platform). The company emphasizes below-market rate financing with no minimum FICO score requirements and ITIN acceptance.
Differentiator
Problem solved
Functional benefit
Brands
- Beyond the Hustle: Community-centered event and media platform designed to meet entrepreneurs where they are with practical knowledge, trusted relationships, and visible pathways to opportunity through live panels, educational content, and culturally relevant conversations.
- Small Business Strong
Products and services
- Milestone Loan Entry-level credit-building loan of $5,000 with an 18-month term at 10% interest and a 5% origination fee, designed to help entrepreneurs establish credit history and qualify for larger capital. Minimum payment is $300 per month.
- Micro Loan Small business financing ranging from $5,000 to $20,000 with 1–3 year terms at 7.5–8.5% interest, targeted at entrepreneurs who have been in operation and generating revenue for at least 12 months.
- Small Business Loan Growth-stage financing from $20,001 to $50,000 with 2–5 year terms at 7.5–10.5% interest and a 5% origination fee, requiring tax returns and profit/loss documentation for established businesses.
- Small Business Strong Disaster recovery program delivering grants, forgivable loans, and microloans to small businesses affected by disasters, with $1.6M disbursed, 123 entrepreneurs improving credit, and 250 entrepreneurs funded historically.
Quantifiable outcome
- 98.5% repayment rate across portfolio
- +3 more outcomes
Companies that use TMC Community Capital
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
TMC Community Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
TMC Community Capital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and supporting.
- New Joaquín Community Development Corporation (NJCDC)coreNew Joaquín CDC serves as community lending partner connecting local entrepreneurs to flexible, below-market rate loan products in San Joaquin County. TMC has committed $2 million in dedicated lending capital. NJCDC handles outreach, education, and borrower support, guiding entrepreneurs through the application process.
- California Hispanic Chambers of Commerce (CHCC)coreCHCC launched a statewide Small Business Enterprise (SBE) Loan Program powered by TMC Community Capital, expanding access to capital for Hispanic-owned and underserved small businesses throughout California through CHCC's network of 120+ chambers and business associations.
- Office of Supervisor Holly J. MitchellsupportingPartnership with Los Angeles County Supervisor Holly J. Mitchell's Corridors 2 Community Initiative to bring the Run Your Business 5K event to South Los Angeles and support small business corridor revitalization.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
TMC Community Capital competitors and assessment
Company assessmentDirect peers
- Accion Opportunity Fund: Nonprofit CDFI providing small business loans to underserved entrepreneurs across the U.S., with a similar mission, product set (microloans to $100K), and community-partner distribution model.
- CDC Small Business Finance: CDFI providing SBA and small business loans to underserved borrowers, particularly in California; directly comparable CDFI model with overlapping geography and product.
- Opportunity Fund (now part of Accion Opportunity Fund): Historic CDFI microlender to small businesses; highly comparable in target borrower, product, and community-based lending model.
- Pacific Community Ventures: Nonprofit CDFI providing loans and capacity-building to small businesses in underserved California communities; comparable mission, geography, and SMB lending model.
- Kiva: Nonprofit crowdfunding microfinance platform providing 0% interest loans to underbanked entrepreneurs globally; directly comparable mission, target borrower, and microlending product.
- Grameen America: Nonprofit microfinance organization providing small loans to low-income women entrepreneurs; directly comparable in mission, microlending product, and target borrower demographic.
Broad incumbents
- OnDeck Capital (now Envision Capital Group / OnDeck): Established online SMB lender offering working capital and term loans; broader incumbent competing for the same small business borrower with more conventional underwriting.
- Lendio: SMB loan marketplace aggregating multiple lenders; broader incumbent serving the same SMB borrower segment with wider product range including SBA loans and lines of credit.
- Funding Circle U.S. Online SMB term loan platform serving small businesses; broader incumbent in the small business lending category with conventional underwriting.
Others
- CAMEO (California Association for Micro Enterprise Opportunity): Network of California microlending CDFIs and small business development organizations; not a competitor but an ecosystem peer — TMC's board chair is CAMEO's COO — making it a key referral and capacity-building partner.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
TMC Community Capital social profiles
Digital presenceTMC Community Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
TMC Community Capital leadership team
Management profileNumber of profiles
Profiles13 records
TMC Community Capital funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TMC Community Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TMC Community Capital
What does TMC Community Capital do?
TMC Community Capital is a nonprofit CDFI providing tiered microloans and small business loans ($5,000 to $50,000) to under-resourced California entrepreneurs, delivered through a community-based underwriting model with 100+ partner organizations. Core products include a Milestone Loan ($5,000), Micro Loan ($5,000–$20,000), and Small Business Loan ($20,001–$50,000), with below-market interest rates of 7.5–10.5%, no minimum FICO requirement, and ITIN acceptance.
Is TMC Community Capital a public or private company?
TMC Community Capital is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was TMC Community Capital founded?
TMC Community Capital was founded in 2019. It employs 11 to 50 people.
Where is TMC Community Capital based?
TMC Community Capital is headquartered in Oakland, United States, in the North America region.
How does TMC Community Capital make money?
Two revenue lines are on record. Loan Interest is the primary driver. The others are loan Fees.
Who are TMC Community Capital's main competitors?
Direct peers on record are Accion Opportunity Fund, CDC Small Business Finance, Opportunity Fund (now part of Accion Opportunity Fund), Pacific Community Ventures, Kiva and Grameen America. Broad incumbents are OnDeck Capital (now Envision Capital Group / OnDeck), Lendio and Funding Circle U.S.. CAMEO (California Association for Micro Enterprise Opportunity) is listed as an others.
Does TMC Community Capital have an API?
No public API is recorded for TMC Community Capital.