Latest Success Stories
Empowerment Reinvestment Fund, LLC. Secures $40 Million Allocation as Part of U.S. Department of Treasury’s New Markets Tax Credit Program
Subsidiary of TruFund Financial Services Receives Prestigious Allocation, Poised to Drive Economic Growth in Low-Income Communities Nationwide, Bringing Total Allocations to $430 Million Over 12...
TRUIMPACT | Nanzaram LLC
Nade Coulibaly-Doucoure is a dynamic business owner whose journey of growth and resilience has been significantly bolstered by her strategic partnership with TruFund. With a passion for creating job...
TruFund Remembers Charles Foster
January 4, 1953 - May 9, 2024
In Memory of Mr. Charles Foster
It is with profound sadness that we announce the passing of Mr. Charles Foster, our esteemed Chief Financial Officer at TruFund...
TRUIMPACT ANNOUCEMENT | ERF Wins Novogradac 2024 Metro QLICI of the Year Award
New York, NY - June 4, 2024 - Empowerment Reinvestment Fund, LLC (ERF), a subsidiary of TruFund Financial Services, has been awarded the Novogradac 2024 Metro QLICI of the Year Award for its work...
TRUIMPACT STORY | Diki Daycare
Diki Daycare Success Story
Established in 2005, Diki Daycare Center has since become a cornerstone of early child childcare, serving families in both New York City and the Boston area. Fueled by...
TRUIMPACT STORY | Tre’s Street Kitchen
In the face of adversity, some entrepreneurs not only survive but thrive, showcasing remarkable resilience and innovation. Kristen Smith, co-founder of Tre’s Street Kitchen, embodies this spirit as...
TRUIMPACT STORY | Mayan Financial LLC
Mayan Financial LLC has been delivering exceptional tax and accounting services to the Houston, Texas community for over three years. Specializing in assisting native Spanish speakers, Mayan...
TRUIMPACT ANNOUNCEMENT – TruFund Financial Services Congratulates Monica Edwards for Being Named in the 2023 Responsible 100
NEW YORK, NY | January 2, 2024 – TruFund Financial Services is proud to announce that Monica Edwards, Senior Vice President & Director of New Markets Tax Credit at TruFund, has been recognized as...
TRUIMPACT ANNOUNCEMENT – TruFund Announces Closing of its Neighborhood Health Center NMTC Transaction
NEW YORK, NY | January 8, 2024 – Empowerment Reinvestment Fund (ERF), a subsidiary of TruFund Financial Services, is proud to announce the closing of its Neighborhood Health Center NMTC transaction!...
TRUIMPACT ANNOUNCEMENT – TruFund Announces Closing of the Grand Concourse NMTC Investment in New York
NEW YORK, NY- December 21, 2023 – Empowerment Reinvestment Fund (ERF), a subsidiary of TruFund Financial Services, Inc. (TruFund, is proud to announce the closing of the Grand Concourse New Markets...
TRUIMPACT STORY | Jitaol Engineering
Headquartered in Fort Worth Texas, Jitaol Engineering is a versatile engineering company with more than 50 years of combined personnel experience. From construction to several forms of engineering...
TRUIMPACT STORY | Design Architecture Art
“We believe that we have found, in you, a company that is genuine, serious and responsible.” That is what Neudes Valbuena, business owner of Design Architecture Art LLC, says about her company’s...
TRUIMPACT STORY | Leroy’s LipSmack’n Lemonade
In 2014, Leroy and Sherilyn Hayward embarked on a remarkable journey when they founded Leroy’s LipSmack'n Lemonade, a business born out of love and the desire to create a brighter future for their...
TruFund Financial Services, Inc. Announces Charles Foster as Senior Vice President and Chief Financial Officer
NEW YORK, May 4, 2023 – TruFund Financial Services (TruFund) is proud to announce the appointment of Charles Foster as Senior Vice President and Chief Financial Officer (CFO). As the CFO and a...
TruFund Financial Services, Inc. Today Announced Monica Edwards Joins its Senior Leadership Team as Senior Vice President, Director of The Empowerment Reinvestment Fund – New Markets Tax Credit Platform
New York, New York, December 13, 2022 –TruFund Financial Services (TruFund), is proud to announce and welcome, Monica Edwards to our Leadership Team as the Senior Vice President, Director of the...
TRUIMPACT STORY: “TruFund was critical to our business during the COVID-19 period.”
TruFund is proud to support Francilia Rahim Wilkins, founder and CEO of R.F. Wilkins Consultants, a business development and management consulting firm. Since Francilia founded the company 11 years...
TruImpact Story: “Through TruFund’s RAP product, I was able to make my dream of commercial real estate ownership a reality”
Brad Hitchens, owner of Salon 623 recently made his dream of owning commercial property in North Baton Rouge, Louisiana a reality. Brad is a professional barber by trade and has been in this...
TruImpact Story: “Even though I have experience in web design, it was helpful to get another strong marketing perspective, thank you TruFund.”
http://heatherfalls.com
Heather Falls is a female business strategist that aims to empower and teach mom business owners and entrepreneurs how to grow their dream business with confidence and...
TruImpact Story: “My wellness center is still standing because I had access to capital.”
Impact Highlights:
Woman-owned business
MBE
Women’s health private practice serving Third Ward of Houston
PPP allowed Dr. Richmond to maintain her practice & wellness center, pay...
TruImpact Story: “The part I was most fearful about was gathering the paperwork, but TruFund made it easy.”
Minority & Woman-owned
PPP allowed Dr. Toaston to sustain her practice
Could not receive loan through her business bank but smooth process with TruFund
Dr. Tanisha Toaston is an...
TruImpact Story: “I went from making good tea to actually knowing how to run a business.”
Joell Regal, founder and owner of Royaltea in Birmingham, Alabama participated in TruFund’s Business at the B.E.A.C.H program. “Business at the B.E.A.C.H turned my whole operation around. I went from...
TruImpact Story: “I feel like the HER in CertifyHER”
https://sharitamhumphrey.com/
A certified financial educator, money coach, and speaker, Sharita Humphrey’s financial coaching inspires entrepreneurs from rural Texas to Namibia to unlock their...
TruImpact Story: Anita Craig Owner of Trvl Love Koffee Shares How Participating in the EMPOWER by Go Daddy Program at TruFund Has Changed Her Business
Since she was little, Anita Craig had always dreamed of owning a moving bakery where she could share her love for coffee and baked goods. Anita worked as an engineering technologist prior to starting...
E.A.T. Culinary Professional Inc.
E.A.T. w/ Culinary Professional Inc. is a full-service food company that provides various culinary services to its communities, such as catering, banquet services, and food education with menu...
Camellia Alise
Two years into our operation we were ready to expand our business but were still too new for traditional financing. When we learned about TruFund they turned our operations around and helped us to...
Children’s Language Center, LLC
TruFund has allowed me to use the COVID-19 maze of confusion as a time for reflection, preparation, and mobilization. I have met team players for Children’s Language Center, LLC who are as committed...
Brooklyn Navy Shipyard
“The momentum of the Brooklyn Navy Yard in creating jobs and attracting investment is undeniable. The Brooklyn Navy Yard is proving that modern manufacturing has a bright future in New York City.”...
Alternative Source
The Business
Alternative Source, Inc. (ASI) is an African American owned, certified Minority Business Enterprise construction services firm operating within an LMI neighborhood in the New Orleans...
Tubbs Auto Sales
"TruFund has eased a tremendous burden
off of my business. I am now able to provide
and meet the demands of my clientele at
ease. My company is now in a much better
financial state and I can see...
Studio 2H Design
“The merger has been a tremendous success. Thanks to TruFund we were able to finance the merging of two firms and better handle the cost of managing a growing list of projects.”
The...
Sarcor, LLC
“TruFund helped bring LIFE back into my team. They are excited and proud to work for SARCOR. The team has renewed faith in the process and in our success. They know that I, as the owner, am giving my...
Ruffino’s Painting & Construction
The Business
Rufino’s Painting and Construction is a full service construction firm that specializes in painting and drywall. Rufino’s Painting, a certified DBE (Disadvantaged Business...
Rhodes Pressure Cleaning Services
"The loan I received from TruFund Financial Services enabled me to develop and expand my business. Their advice helped me to stay smart about how to go after new business."
Lamont Rhodes, Owner...
The Sill
“Being a young business in a field that not many people understand, I knew it would be difficult to get a loan from a bank and pay their interest rates. I wanted to partner with an organization that...
Los Ninos
“When my wife was 7 months pregnant, and we had only 9 people working, we ran the business from our studio apartment. Since then, we’ve grown tremendously. We’ve acquired 3 companies, set contracts...
Slade Construction
“Due to the nature of Slade’s business, we may be engaged in multiple short-term projects in multiple states. With a TruFund mobilization loan, I was able to employ 24 contractors and complete three...
Tri-State Biodiesel, LLC
“We had to borrow money through TruFund to get the company off the ground, but now we are profitable.”
Brent Baker, CEO - Tri-State Biodiesel
The Business
Tri-State Biodiesel collects...
A&P Drywall, LLC
“TruFund was able to give us assistance, and with their help we were able to create over 20 jobs and flourish as a business.”
Tabatha Gentry, Owner — A&P Drywall, LLC
The Business
One...
Cupcakes by Tish LLC
With a loan from TruFund, ‘Cupcakes by Tish’ received an opportunity to perform leasehold improvements, expand a marketing initiative, and purchase new equipment in order to grow the business,...