New York

TruFund Receives $1M Grow with Google Small Business Fund Loan, $150K Google.org Grant to Help Small Businesses Recover From COVID-19

Opportunity Finance Network (OFN) has awarded TruFund Financial Services, Inc. a $1M Grow with Google Small Business Fund loan and an unrestricted $150K Google.org-funded grant to help the CDFI support minority- and women-owned businesses March 8, 2021 — NEW YORK — TruFund Financial Services, Inc. h...

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 Presid...

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, resilie...

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 outreac...

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 Adminis...

TRUFUND FINANCIAL OFFERS SUPPORT TO SMALL BUSINESSES AFFECTED BY COVID-19 PANDEMIC

FOR IMMEDIATE RELEASE March 19, 2020 Media Contacts: Kim Carter Evans 646.385.6946 Kevans@trufund.org New York, NY –TruFund Financial Services, Inc., a Community Development Financial Institution announces the launch of its’ Small Business COVID-19 Response Task Force “SBCOVID-19 Task Force;” virtua...

TRUFUND FINANCIAL SERVICES, INC. AMONG AWARDEES WITH A $1.125 MILLION AWARD THROUGH THE UNITED STATES DEPARTMENT OF TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND

U.S. TREASURY AWARDS $202.2 MILLION TO SUPPORT ECONOMIC GROWTH IN LOW-INCOME COMMUNITIES New York, NY – September 19, 2018 –TruFund Financial Services, Inc. has been awarded $1.125 million through the United States Department of Treasury Community Development Financial Institutions – FA program to s...

TruFund Financial Services, Inc. Announces Partnership With NYC Department Of Small Business Services To Provide Capital To Minority And Women Owned City Contractors

New York, NY – March 30, 2017 - New York City Mayor Bill de Blasio’s recently announced the launch of the Contract Financing Loan Fund created by the NYC Department of Small Business Services (SBS). TruFund Financial Services, Inc. was chosen through a competitive bid process as one of three preferr...

TruFund – NY To Pilot TruAccess® Contractor Program With Support From U.S. Economic Development Administration

New York, NY - September 29, 2016 The U.S. Commerce Department’s Economic Development Administration (EDA) has announced a $500,000 grant to TruFund Financial Services, Inc., to help develop and expand its TruAccess® Contractor Program in New York. “The Obama administration is committed to provi...

TRUFUND FINANCIAL SERVICES CELEBRATES NATIONAL SMALL BUSINESS WEEK AND REMINDS NEW YORK SMALL BUSINESSES TO TAKE ADVANTAGE OF AVAILABLE PROGRAMS

New York, NY – May, 5, 2016 - TruFund Financial Services celebrates National Small Business Week by reminding New York small business owners to take advantage of the Small Business Risk Education (SBRE) program.  The Travelers Companies, Inc. recently awarded TruFund additional grant funding for the...