Working Solutions offers microloans to qualified microentrepreneurs in the nine Bay Area counties.  This program is for entrepreneurs with limited or no access to conventional financing.  The loans are for business purposes only.  Please contact us to learn more about the microloan. program.

We make loans to eligible startup and existing businesses.

Startups are businesses with less than one full year of operations.  Startups are welcomed to apply if they have significant experience in the same exact industry and a secondary source of income.  Startups must have a completed business plan.  Applicant is required to make an equity injection of 20% to 30% of the loan amount into the business.

Existing businesses have one full year of operations or more. Existing businesses must have an executive summary of the operations and management of the business.   Applicant is required to make an equity injection into the business of 10% to 15%.

Loan amount:        $5,000 to $25,000 commercial loans

Interest rate:          6% to 10% fixed rate

Term:                     Up to 5 years fully amortized

We Serve Businesses in These Bay Area Counties: San Francisco , Alameda , Marin, Sonoma , Napa , Solano, Contra Costa, San Mateo , and Santa Clara

Eligible Use of Loan Proceeds: Working Capital, Inventory Purchase, Equipment and Machinery Purchase, Leasehold Improvements, and Start-up Costs

Fees

• $25 nonrefundable application fee
• loan closing fee equal to 3% of the loan amount capped at $500
• additional fees may apply in connection with securing collateral, returned checks, late payments and any prepayments made within three months of loan closing

This is not a guaranteed loan offer.
All loans are subject to review by TMC Development Working Solutions.

Loans made pursuant to a Department of Corporations
California Finance Lenders License.

If you would like more information, please contact Emily Gasner.

TMC Development Working Solutions
611 Front Street , San Francisco , CA 94111
(415) 655-5475