About Us
Our mission is to promote and foster economic development within underserved communities and among disadvantaged populations. TruFund achieves this by providing innovative financial solutions that have TruImpact, revitalize communities, and create jobs. As a nonprofit, mission-driven entity. TruFund offers affordable loan capital to small businesses and nonprofit organizations that are financially viable but have difficulty accessing capital from banks or other conventional lenders. TruFund was established in 2005 as a national nonprofit organization that advances economic opportunity for people, businesses, and communities in need. TruFund offers more than a loan–we provide an opportunity for underserved small businesses and low-income communities to thrive.
TruFund Financial Services, Inc. is a 501 (c) 3 certified Community Development Financial Institution (CDFI) headquartered in New York City with field offices in Alabama, Louisiana, and Texas. TruFund tailors its financial and technical assistance to the unique needs of each site—from contractor mobilization lending in New York and Louisiana to rural Black Belt initiatives in Alabama.
TruFund’s lending activities are designed to strengthen the capacity of small businesses, community and faith-based organizations, community development corporations, and large-scale development projects. TruFund works closely with private, governmental, and community partners to develop and operate programs that address specific capital gaps within local markets, and seeks to obtain funding commitments from local financial institutions to serve local needs. Our products range along the continuum of credit from multi-million-dollar New Markets Tax Credits projects to small business loans for entrepreneurs.
When businesses commit to us, we commit to them.
TruFund develops lending platforms and business development resources for small businesses and nonprofit organizations that have difficulty accessing capital from traditional sources. Together with our public, private, and community partners, we foster the long-term vitality of small businesses and the communities around them.
