Achieving over $120 million in Total Financing Since Expanding into the State
For the second year in a row, TMC Financing has been recognized as Oregon’s No. 1 U.S. Small Business Administration (SBA) 504 lender.
In fiscal year 2024, which concluded on September 30th, TMC Financing (TMC) facilitated 80% more SBA 504 loans in the state of Oregon, compared to the previous year. Since entering the Oregon market in 2022, TMC has secured $120 million in total project financing, which is projected to create over 800 jobs within the state’s small business community.
“Our growth in Oregon demonstrates the strong relationships we’ve built with small business owners and all of our lending partners,” said Anna O’Brien, TMC Financing’s vice president of business development.
TMC Financing, a nonprofit mission-driven lender, provides small business owners with access to below-market, fixed-rate loans for the purchase, construction, or refinance of commercial real estate and equipment.
In addition to its success in Oregon, TMC Financing continues to lead nationally as the No. 1 SBA 504 lender for the fourth consecutive year. In fiscal year 2024, TMC Financing approved 490 SBA 504 loans totaling $1.8 billion in project financing, surpassing all other SBA 504 lenders in the country in both loan count and total dollar volume.
Since its founding in 1981, TMC Financing has secured over $14 billion in SBA 504 commercial real estate financing for more than 7,000 small businesses, helping to create over 60,000 jobs.