New Joaquín CDC Partners with TMC Community Capital to Expand Access to Small Business Capital in San Joaquin County
Stockton, CA — New Joaquín Community Development Corporation (New Joaquín CDC) today announced a new partnership with TMC Community Capital to expand access to below market rate small business financing across San Joaquin County.
Through this collaboration, New Joaquín CDC will serve as a community lending partner, connecting local entrepreneurs to flexible, below-market rate, credit-building loan products. The partnership is designed to meet small business owners where they are, through trusted, community-based organizations that understand the unique needs of the region.
As part of this effort, TMC Community Capital has committed $2 million in dedicated lending capital to support small businesses throughout San Joaquin County, helping entrepreneurs start, stabilize, and grow their businesses.
Through the partnership, small business owners will have access to TMC Community Capital’s suite of financing options, including microloans and small business loans ranging from $5,000 to $50,000, as well as milestone loans designed to build credit and create a pathway to larger capital opportunities, including support for entrepreneurs working in the informal economy who are ready to formalize and scale their businesses.
These products are delivered through a streamlined, technology-enabled application process, making it faster and easier for entrepreneurs to access the funding they need.
“Access to capital remains one of the biggest barriers for small businesses, particularly in underserved communities,” said Daniel Fernandez, CEO. “By partnering with New Joaquín CDC, we are able to extend our reach and ensure that entrepreneurs in San Joaquin County have a trusted, local pathway to the financing they need.”
New Joaquín CDC will play a key role in outreach, education, and borrower support, working directly with small business owners to guide them through the application process and prepare them for successful loan outcomes.
“We are proud to partner with TMC Community Capital to bring more financial resources directly into our community,” said Jesús Andrade, Founder. “This collaboration allows us to better support local entrepreneurs with access to responsible, below market rate capital that can help transform their businesses and strengthen our local economy.”
Unlike traditional lending models, this partnership emphasizes a relationship-driven, community-based approach to underwriting, ensuring that small business owners who may not qualify through conventional channels have access to fair and transparent financing options.
By combining TMC Community Capital’s innovative lending infrastructure with New Joaquín CDC’s deep community ties, the partnership creates a powerful model for expanding economic opportunity across the region.
This partnership reflects a shared commitment to building stronger, more inclusive local economies, where small businesses have the resources they need to succeed.
About TMC Community Capital:
TMC Community Capital is a nonprofit fintech CDFI reimagining access to capital for under resourced entrepreneurs across California. By combining community-based underwriting, technology, and a best-in-class borrower experience, TMC delivers fast, below market rate financing that helps small business owners build credit, grow stronger businesses, and create lasting impact in their communities.
About New Joaquín Community Development Corporation (New Joaquin CDC):
New Joaquín Community Development Corporation (NJCDC) is a Stockton-based, place-based organization advancing community wealth-building through real estate ownership, small business development, and inclusive public space activation. NJCDC works to shift development from externally driven investment to locally controlled ownership by aligning residents, entrepreneurs, and institutional partners around equitable growth strategies. Through community investment vehicles, NJCDC is building pathways for residents to participate in and benefit from neighborhood revitalization. The organization’s work centers on creating vibrant, community-rooted corridors where small businesses can thrive and long-term economic opportunity is shared.
Media Contact:
Omar Serrano
Marketing and Communications Lead