Author Archives:
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 option that many business owners turn to is factoring—selling outstanding invoices to […]
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 communities. However, one often-overlooked solution exists: New Markets Tax Credits (NMTCs). The […]
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 Officer and will be responsible for overseeing […]