Established in 1981, TELACU Community Capital (TCC) provides special financing and technical assistance to small businesses, which do not easily meet the lending criteria of commercial banks. TCC is a Community Development Financial Institution (CDFI) lender that tailors its products and services to meet the specific needs of these growing businesses.
TCC partners with numerous private financial institutions and government sources to provide business economic development loans to qualified clients operating in low- and moderate-income communities. Loans range from $5,000 to $2 million.
By providing businesses with special financing for working capital, equipment, inventory and debt restructuring, TELACU has been a catalyst in creating and retaining jobs in California.
“Loans made or arranged pursuant to a California Financing Law license.”