Note: 10-year 504 loan fundings occur on an every other month basis. The above rate reflects the 10-year 504 rate for the May, 2025 funding. The above rates are based on loans approved during FY 2025 ending on September 30, 2025.

🎣 Hook the Right Partner – Choose TCM!

At TCM, we help reel in low, fixed SBA 504 rates and smooth closings that make you and your clients look like pros. With decades of experience and a deep understanding of the waters lenders navigate, we’re the steady hand on deck—no surprises, just results.

Cast your line with TCM and let’s land your next deal—hook, line, and funded.


We’re here to help you put the 504 loan program to work for your clients and your team. If you’d like to discuss a potential project or walk through a deal structure, we’re just a call or email away.


Debby Gustafson

Sheil Nelson

Mike Kinderman

Michael Kinninger

   Questions about a potential 504 loan?

Our lending staff can be reached at their direct numbers listed below-

Debby Gustafson 651.302.7234 debby.gustafson@tcmcdc.com
Angie Way 651.302.7228 angie.way@tcmcdc.com

Sheil Nelson 651.302.7226 sheil.nelson@tcmcdc.com
Rachel Edgar 651.302.7225 rachel.edgar@tcmcdc.com

Mike Kinderman 651.302.7239 mike.kinderman@tcmcdc.com 
Samantha Horab 651.302.7232 samantha.horab@tcmcdc.com
Michael Steck 651.302.7233  michael.steck@tcmcdc.com

Michael Kinninger 651.302.7240 michael.kinninger@tcmcdc.com 
Heidi Pautsch 651.302.7227 heidi.pautsch@tcmcdc.com

To reach our main office, please call 651.481.8081 or toll-free at 1.888.481.4504.


Staff Directory

About Us
TCM has been a leader in SBA 504 financing since its inception in 1990. TCM provides SBA 504 lending throughout the state of Minnesota and select counties in Wisconsin including Polk, Barron, St. Croix, Dunn, Pierce, Pepin, Buffalo, Trempealeau, and LaCrosse. For more information about TCM and the SBA 504 financing tool, visit www.504lending.com.

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