Author Archive

Life is Rough, Treat Yourself and Support Your Local Favorites

COVID-19 has brought some major tough timesBut there are still ways to enjoy some simple things in life, such as a refreshing beverage, while supporting some of your favorite local small businesses. With so many days blending together, staying at home with not much going on, a special coffee in the morning or a fun cocktail in the evening may be just what you need! 

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TMC Financing Clients Aid in Local Covid-19 Relief Efforts

While the coronavirus pandemic continues to cause unprecedented disruption around the world, small businesses are developing creative solutions to aide in relief effortsWhether it is adding extra employees, donating crucial medical supplies, or discovering how to modify their business model to serve their clients.   

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SBA EIDL Loan vs. SBA Paycheck Protection Program

There has been a lot of confusion surrounding the differences between the EIDL Disaster Loan and the SBA Paycheck Protection Program. We have put together a summary of key information to help small business clients better understand the programs being offered.

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Northwest Career College Expands To Open 5th Campus Building

LAS VEGAS – Northwest Career College, an accredited trade school with more than 1,000 students, opens its fifth campus building this month. The $1.5 million building was purchased with an SBA 504 loan through TMC Financing. The first mortgage lender was JP Morgan Chase Bank.

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The hardest easy solution to SF’s small business crisis: Buying the building

San Francisco’s small businesses are in crisis. A number of factors are driving even decades-old businesses to close their doors: difficulty hiring employees due to the city’s housing crunch, competition with e-commerce and on-demand delivery giants, and extra pressure from city-imposed mandates. But there is one factor business owners can theoretically control: buying their spaces instead of leasing them, as a hedge against skyrocketing commercial rents.

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