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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 […]
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 […]