Author Archives: amy

Laurel Street Receives Equity Investment from TruFund’s Impact Developers Fund to Accelerate Growth

TruFund Financial Services (“TruFund”), a Community Development Financial Institution located in New York City announced that it has made an equity investment in Charlotte, North Carolina-based Laurel Street Residential, LLC, a minority- and women-owned real estate development company. Led by President and CEO Dionne Nelson, the mixed-income housing development firm focuses on providing affordable housing […]

TruFund Launches Industrial Business Leadership Program in Hunts Point

Program will support the strength and resiliency of industrial small businesses in the Hunts Point Peninsula January 8, 2021 – NEW YORK – TruFund Financial Services, Inc. is launching a robust six-month program called the Industrial Business Leadership Program (IBLP) to support the strength, resiliency, and long-term growth potential of industrial small businesses located in […]

TruFund Releases 2020 Paycheck Protection Program Impact Report

 PPP lending provided overwhelming assistance to minority- and women-owned small businesses December 15, 2020 — NEW YORK —Today, TruFund Financial Services, Inc. released its Paycheck Protection Program Impact Report. This report provides a comprehensive summary of  TruFund’s penetration and outreach efforts to minority- and women-owned small businesses to deploy the Small Business Administration’s Paycheck Protection […]

Camellia Alise

Two years into our operation we were ready to expand our business but were still too new for traditional financing. When we learned about TruFund they turned our operations around and helped us to grow and expand in ways we couldn’t have even imagined. Without their help we wouldn’t have been able to expand our brick and mortar operations and we are so grateful for a company like them who puts the small business community first!

Children’s Language Center, LLC

TruFund has allowed me to use the COVID-19 maze of confusion as a time for reflection, preparation, and mobilization. I have met team players for Children’s Language Center, LLC who are as committed to my survival and longevity as the children and families I service. In so doing, TruFund approved Children’s Language Center, LLC for a PPP loan as soon as its lending services began. I cannot thank TruFund enough … Their staff, programming, and services for small business owners are impeccable.”

TruFund is a proud participating lender of the New York Forward Loan Fund. Learn more and apply…

Prevent first-child paragraph style. TruFund is a proud participating lender of the $100 million New York Forward Loan Fund which is aimed at providing working capital loans to small businesses, small landlords and non-profit organizations that did not receive funding from the Small Business Administration’s Paycheck Protection Program and Economic Injury Disaster Loans. As one […]

Brooklyn Navy Shipyard

“The momentum of the Brooklyn Navy Yard in creating jobs and attracting investment is undeniable.  The Brooklyn Navy Yard is proving that modern manufacturing has a bright future in New York City.” –Robert K. Steel, Deputy Mayor for Economic Development   The Business The Brooklyn Navy Yard (the Yard) is a mission-driven industrial park that […]

Alternative Source

The Business Alternative Source, Inc. (ASI) is an African American owned, certified Minority Business Enterprise construction services firm operating within an LMI neighborhood in the New Orleans Metropolitan area.  ASI has spent the last decade building a team of professionals that’s dedicated to the goal of client satisfaction. Over the years, Alternative Source has worked […]

Restore Louisiana Radio Interview

Kim Carter Evans interviews with Monica Pierre on “Community Matters”