TMC Financing is proud to announce that we finished fiscal year 2022 as the #1 SBA 504 lender in the nation based on the number of SBA 504 loans approved.
TMC assisted 483 small businesses during the year with over $623 M in SBA 504 approvals.
This approval total is a new company record that TMC previously set in 2021.
TMC funded 424 SBA 504 loans for over $470M, which is projected to create or retain 4,953 new jobs – setting two more company records!
FY2022 Records:
- 483 loans approved for over $623M (previous record 401 loans, FY21)
- 424 loans funded for over $470M (previous record $298.6M, FY21)
- 4,953 projected jobs to be created or retained (previous record 4,206, FY21)
“We’re thrilled that our team can produce such outstanding results for two consecutive years,” said Barbara Morrison, Founder and President, TMC Financing. “While the totals are incredible, the real joy stems from the small business that we have helped despite a difficult economic climate.”
TMC was also the top lender in Arizona with 87 SBA 504 loans approved for over $100M.
“These figures are incredible to see,” said Geoff McGivern, TMC’s senior vice president of business development in Arizona. I joined TMC Financing in 2021, and to witness the way our team has pulled together to serve the Arizona small business community in such a short amount of time is truly inspiring.”
TMC Financing is a non-profit with a mission to promote economic development and job creation for small businesses in Arizona, California, Nevada, and Oregon. Since its founding in 1981, TMC has secured about $12 billion in SBA 504 commercial real estate financing for 6,000 small businesses. As a result of the financing, these small businesses have created over 60,000 jobs. Business owners can confirm they meet the qualifications for an SBA 504 loan by visiting the TMC Financing website at https://www.tmcfinancing.com/.