It’s Time to Reclaim the Meaning of the Word ‘Entrepreneur’
Shut down by necessity and starved of customers, many small businesses are bleeding money and fighting to stave off failure.
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TMC Financing Partners with San Joaquin County to Offer Economic Development Funding to Small Businesses Impacted by COVID-19
To mitigate the impact of COVID-19 on local businesses and their employees, the County of San Joaquin partnered with TMC Financing to offer the Small Business Assistance Grant Program.
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An Open Letter to Small Business Owners: My PPP Rollercoaster Ride
Many small business owners have been frustrated by the obstacles they encountered when applying for a Paycheck Protection Program (PPP) loan. However, Meenu Sandhu, a southern California entrepreneur was astonished that TMC Financing was able to respond to her inquiries, help her through the application process, and approve her loans so quickly.
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TMC Financing’s New COO Helps Fund Over 1,000 PPP Loans
Gregg Mitchell recently joined TMC Financing as Chief Operating Officer to lead its talented team to continued delivery of market-leading SBA 504 loan performance and manage its fast-growing loan portfolio.
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Life is Rough, Treat Yourself and Support Your Local Favorites
COVID-19 has brought some major tough times. But 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 efforts. Whether 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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Community Markets Step Up in Time of Need
Immediately following the news of the severity of the Coronavirus, the nation rushed to grocery stores and local markets to stock up on food and household essentials. The grocery industry…
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The CDC/504 loan is the best kept secret in commercial real estate
Today’s small businesses need capital. The majority of smaller companies that sought financing in 2018 — 53% of them, according to a Federal Reserve Bank of New York survey — experienced a shortfall, meaning they received less financing than they wanted.
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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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How to Support Local Business during the Coronavirus Crisis
Social distancing, work from home, self isolation and canceled events. These are all necessary actions in order to flatten the curve and help mitigate this crisis, however they can also…
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