In the News
James H. Bason, TruFund’s President & CEO, spoke with Scripps National News about the Southern Opportunity and Resilience Fund (SOAR) and how we’re helping underserved small businesses and their communities recuperate from the pandemic.
“An equitable recovery plan is going to be required, to achieve a concerted effort and investment in time and capital, to make sure these underserved businesses and communities get the capital they need to survive and become more resilient and move forward with their business plans.”
—Jason H. Bason,
President & CEO,
TruFund Financial Services, Inc.
Minority Entrepreneurs Struggled to Get Small-Business Relief Loans
“Many of TruFund’s customers walked in the door after being turned away by large banks, where “not being able to speak to anybody at the bank, sitting around waiting to hear, and then not hearing anything for weeks” — all of that created a lot of anxiety for our small-business borrowers.”
—James H. Bason, President & CEO, TruFund Financial Services, Inc.
To Help Black Developers, Programs Start With Access to Capital
Fraud Checks and Errors Slow Small-Business Relief Loans
“In the first round, we could call the S.B.A. and get a warm body to talk about a resolution of a matter. That’s been much harder this time.”
—James H. Bason, President & CEO, TruFund Financial Services, Inc.
