Author Archives: awashington@trufund.org

TruFund Congratulates James H. Bason for City & State NY Recognition

City & State’s Who’s Who in MWBEs, spotlights key players in this arena—including leaders of MWBE firms of all sizes, public officials driving MWBE policies, and industry advocates working to ensure greater equity and opportunity. Among these leaders is James Bason, president and CEO of TruFund Financial Services. Under his leadership, TruFund delivers capital, resources, […]

TruFund Helps Advance Sustainable, Affordable Senior Housing in Brooklyn with Nearly $2M Investment

As part of its mission to drive energy-resilient and community-centered development, TruFund Financial Services, Inc., through its Resilience & Sustainability Fund, has successfully closed on nearly $2 million in financing to support the predevelopment of a groundbreaking affordable housing project in East Williamsburg, Brooklyn. The project—spearheaded by nonprofit developer St. Nicks Alliance—will result in a […]

TruFund is Proud to Announce Its Newest Promotion Class

At TruFund Financial Services, we believe in investing in our greatest asset — our people. Today, we are thrilled to spotlight the exceptional talent and leadership rising within our organization. Our newest promotion class reflects the dedication, innovation, and impact that continue to drive our mission forward. These individuals have gone above and beyond in […]

James H. Bason, President & CEO of TruFund Financial Services, Inc., Appointed to CDFI Coalition Board of Directors

FOR IMMEDIATE RELEASE James H. Bason, President & CEO of TruFund Financial Services, Inc., Appointed to CDFI Coalition Board of Directors New York, NY – April 9, 2025 – TruFund Financial Services, Inc. is pleased to announce the appointment of its President and Chief Executive Officer, James H. Bason, to the Board of Directors of […]

The Power of Responsible Lending: Creating Long-Term Success for Small Businesses

By OC Isaac, Senior Vice President | Chief Lending Officer Small businesses are the backbone of our economy, driving innovation, creating jobs, and fostering economic growth in communities nationwide. Yet, for many entrepreneurs, access to capital remains one of the biggest challenges. While financing is essential for growth, the type of financing a business secures […]

TruFund Financial Services, Inc. Appoints Deirdra Cox to Board of Directors

FOR IMMEDIATE RELEASE TruFund Financial Services, Inc. Appoints Deirdra Cox to Board of Directors NEW YORK, NY – March 24, 2025 – TruFund Financial Services, Inc. is pleased to announce the appointment of Deirdra Cox to its Board of Directors. A distinguished leader in community development, financial literacy, and small business advocacy, Cox brings nearly […]

TruFund Financial Services, Inc. Appoints Hilda Abbott to Board of Directors

FOR IMMEDIATE RELEASE TruFund Financial Services, Inc. Appoints Hilda Abbott to Board of Directors NEW YORK, NY – March 24, 2025 – TruFund Financial Services, Inc. proudly announces the appointment of Hilda Abbott to its Board of Directors. An accomplished entrepreneur, real estate expert, and advocate for diversity in business, Abbott brings more than 23 […]

TruFund Financial Services Expands TruAccess Program to Strengthen Small Business Participation in NYC’s Supply Chain

FOR IMMEDIATE RELEASE TruFund Financial Services Expands TruAccess Program to Strengthen Small Business Participation in NYC’s Supply Chain New York, NY – March 12, 2025 – TruFund Financial Services, Inc., a leading Community Development Financial Institution (CDFI), is proud to announce its participation in the latest round of grants awarded by the New York Small […]

TruFund Financial Services Welcomes OC Isaac as New Chief Lending Officer

FOR IMMEDIATE RELEASE TruFund Financial Services Welcomes OC Isaac as New Chief Lending Officer New York, NY – March 20, 2025 – TruFund Financial Services, a mission-driven financial institution dedicated to fostering economic development and expanding access to capital, is pleased to announce the appointment of OC Isaac as its new Chief Lending Officer (CLO). […]

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 […]

In accordance with Title VI of the Civil Rights Act and Section 504 of the Rehabilitation Act of 1973 and U.S. Department of the Treasury policy,
TruFund does not discriminate on the basis of race, color, national origin, sex, age, or disability.
To file a complaint of discrimination, write to:
U.S. Department of the Treasury, Director
Office of Civil Rights and Equal Employment Opportunity
1500 Pennsylvania Avenue, N.W., Washington, DC 20220
or call (202) 622-1160; or send an e-mail to crcomplaints@treasury.gov.

Author Archives: awashington@trufund.org

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