TruImpact Blog
Factoring and Predatory Lenders: Protecting Your Business from Costly Pitfalls
By Michael Vaugh, Senior Vice President | Chief Credit & Compliance Officer, TruFund Financial Services Access to working capital is the lifeblood of small businesses. Whether you’re covering payroll, investing in new equipment, or managing day-to-day operations, cash flow is king. One financing...
Looking for Equity to Acquire a Business? Try NMTCs.
By Monica Edwards, Senior Vice President | Director of New Markets Tax Credit For many aspiring entrepreneurs and business owners, acquiring a business is a significant financial hurdle. Traditional financing options may not always be accessible, particularly for small business owners in underserved...
TruFund Financial Services, Inc. Today Announced Stephanie Kabore Joins its Senior Leadership Team as Senior Vice President | Chief Financial Officer
New York, New York, December 2, 2024 – TruFund Financial Services, Inc. is proud to announce and welcome, Stephanie Kabore to our Leadership Team as the Senior Vice President | Chief Financial Officer. As a member of the senior leadership team, Kabore will report directly to the Chief Executive Of...
TruFund Financial Services Celebrates Success and Honors Partners at the 2024 TruImpact Awards
TruFund Financial Services, Inc. proudly hosted its highly anticipated 2024 TruImpact Awards on October 9, 2024 at the beautiful Empire Penthouse in Manhattan, a spectacular event dedicated to recognizing the outstanding contributions of its partners, funders, investors, and the small businesses tha...
TruFund Financial Services Unveils 2023 TruImpact Report During TruImpact Week 2024 Celebrating a Year of Innovation, Impact, and Empowerment
New York, NY | October 2, 2024 – TruFund Financial Services, Inc., a CDFI leader in community development and innovative financial solutions, is proud to announce the release of its 2023 TruImpact Report during the much-anticipated TruImpact Week 2024. The annual event, a cornerstone of the organiza...
TruFund Financial Services, Inc. Hosted Small Businesses, Community Partners and More at the 2nd Annual TruImpact Golf Tournament
TruFund Financial Services, Inc. is excited to announce the success of its second annual TruImpact Small Business Golf Tournament, which took place at Chapel Hills Golf Club in Douglasville, Georgia, on October 7, 2024, as part of TruImpact Week 2024. This event is in partnership with Golf Women Mea...
TruFund Financial Services to Host Inaugural TruImpact Awards at Empire Penthouse in New York City
New York, NY – October 2, 2024 – TruFund Financial Services, Inc. is excited to announce the inaugural TruImpact Awards taking place on Wednesday, October 9th, 2024, at the prestigious Empire Penthouse in New York City. This special evening will recognize outstanding partners, funders, investors, an...
Empowerment Reinvestment Fund, LLC. Secures $40 Million Allocation as Part of U.S. Department of Treasury’s New Markets Tax Credit Program
Subsidiary of TruFund Financial Services Receives Prestigious Allocation, Poised to Drive Economic Growth in Low-Income Communities Nationwide, Bringing Total Allocations to $430 Million Over 12 Years FOR IMMEDIATE RELEASE New York, NY – September 20, 2024 – The Empowerment Reinvestment Fund, LLC., ...
TRUIMPACT | Nanzaram LLC
Nade Coulibaly-Doucoure is a dynamic business owner whose journey of growth and resilience has been significantly bolstered by her strategic partnership with TruFund. With a passion for creating job opportunities and improving her community, Coulibaly-Doucoure has successfully established two thrivi...
TRUIMPACT ANNOUCEMENT | ERF Wins Novogradac 2024 Metro QLICI of the Year Award
New York, NY - June 4, 2024 - Empowerment Reinvestment Fund, LLC (ERF), a subsidiary of TruFund Financial Services, has been awarded the Novogradac 2024 Metro QLICI of the Year Award for its work with Custom Foods of America in Knoxville, Tennessee. ERF has been recognized for its contribution to co...
