TMC Financing Ranked Nation’s #1 SBA 504 Lender for Fourth Year in a Row
SBA Hot Topic Tuesday — TMC Financing Ranaked\ Nation’s #1 SBA 504 Lender for Fourth Year in a Row
October 15, 2024
By Bob Coleman
Publisher & Founder
| SBA 504 | Rank $ | Rank # | SBA 504 Loan Volume | # Loans | Average Loan Size |
| FY 2024 | 1 | 1 | $645 Million | 490 | $1,315,422 |
| FY 2023 | 1 | 1 | $632 Million | 461 | $1,372,818 |
| FY 2022 | 1 | 1 | $623 Million | 483 | $1,290,615 |
| FY 2021 | 1 | 2 | $452 Million | 402 | $1,126,699 |
Congratulations to Oakland-based TMC Financing for being the number one volume SBA 504 lender in the nation for the fourth consecutive year. The CDC. TMC is also the number one lender by number of loans for the third consecutive year.
TMC Financing approved 490 SBA 504 loans, totaling $1.8 billion in total project financing to help create nearly 6,000 new jobs.
TMC is the only Certified Development Company (CDC) to approve over $600 million in SBA 504 financing for three consecutive years.
“Our growth is not just in loan volume, but in our ability to help small businesses thrive. The momentum we have built, especially with our expansion into regions like Hawaii, allows us to support even more entrepreneurs who are driving economic development,” says Barbara Morrison, founder and president of TMC Financing.
In addition to national recognition, TMC Financing maintained its position as the leading 504 lender in California, Arizona, Oregon, and Nevada.
“2024 was a landmark year. We assisted more small businesses than ever before. This record-breaking achievement reflects our team’s unwavering commitment to fostering growth and success for entrepreneurs across all the markets we serve,” concluded Morrison.
Since its inception in 1981, TMC has secured more than $14 billion in SBA 504 commercial real estate financing for over 7,000 small businesses, supporting the creation of more than 60,000 jobs.