Our mission is to stimulate economic development in underserved communities by providing innovative financial solutions and hands-on technical assistance to small businesses and not-for-profit organizations. TruFund offers more than a loan – we provide an opportunity for underserved small businesses and low-income communities to thrive.
TruFund Financial Services is a national not-for-profit Community Development Financial Institution (CDFI). We strive to stimulate economic development in communities that are underserved by traditional financial institutions by providing affordable capital, hands-on business assistance, and innovative solutions to small businesses and not-for-profit organizations.
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.
Headquartered in New York, TruFund also maintains offices in Alabama and Louisiana. We tailor our financial and technical assistance to the unique needs of each site—from contractor mobilization lending in New York and Louisiana to a rural Black Belt initiative in Alabama.
When businesses commit to us, we commit to them.
TruFund develops lending platforms and educational resources for small businesses and not-for-profit 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.