Small Business Lending In Texas

TruFund Financial Services, Inc. has expanded its reach into Texas

As a mission-based, U.S. Treasury certified Community Development Financial Institution (CDFI), TruFund Financial Services, Inc. serves small, minority- and women-owned businesses as well as those in low- and moderate-income (LMI) communities by offering flexible and affordable capital. Many of the businesses served by TruFund are unable to access capital via traditional financial institutions for various reasons such as credit history, industry, and type of capital needed. In response to the impact of Hurricane Harvey, TruFund has begun to provide lending and technical assistance support to Texas small businesses.

Our Impact

Since entry into the Texas market, TruFund has provided $1,650,000 in affordable financing through 109 loans, resulting in the creation or retention of 230 jobs.

  • 69% to Black-owned businesses
  • 46% to businesses in LMI communities
  • 26% to Hispanic-owned businesses
  • 49% to women-owned businesses.

Across our national footprint, TruFund has realized its mission by providing over $160 million in affordable financing combined with one-to-one technical assistance through nearly 2,000 loans with over 90% going to disadvantaged entrepreneurs, including 56% to minority business enterprises, 33% to women business enterprises, 84% to microenterprises, and 43% to those in low- and moderate-income communities.

Our Lending Products

TruFund offers a variety of small business loan products for businesses in various industries, stage of business, and demographics. Rates, terms, and conditions vary. Application fees apply. Our knowledgeable staff will help you to assess which product is right for you.

Who’s Eligible

  • Businesses and nonprofits with 100 or fewer employees.
  • Located in the Houston metropolitan statistical area, Dallas-Fort Worth metropolitan statistical area, and the Texoma or Nortex Regions (Northeast and Central Texas).
  • Majority-owned by women, member(s) of racial/ethnic minority group, or other historically disadvantaged group.**
  • Located in or employ majority of workers from low-­ or moderate­‐income communities.

* Additional eligibility requirements and exceptions may apply

** As defined by the U.S. Small Business Administration 

Our Nonprofit and New Markets Tax Credit Lending

We also offer mid-level commercial and facilities development loans for nonprofit community-based lending organizations, human services, faith- and community-based organizations, and both nonprofit and for-profit real estate developers. These loans, designed for projects that benefit our targeted low-income communities and their residents, range from $50,000 to $1.5 million.

A larger loan product, called anchor loans, are available from TruFund Financial to generate investment, stimulate economic development, and create jobs in low-income and underserved communities. These loans are for $1.5 million or greater. Typically, we attempt to coordinate anchor loans with New Markets Tax Credit allocations and other financial tools to fund large-scale projects.

We also have a New Markets Revolving Loan Fund, which supports small businesses seeking capital at amounts beyond our typical lending ranges and less than what is available via our New Markets Tax Credit Program. These loans are available for projects that support job creation and economic or community development projects, generally in the following industries: Education, Health Care, Manufacturing, Healthy Foods, and Disaster Response. Loans available through the NM Revolving Loan Fund range from $250,000 to $1 million; and in some limited cases up to $2 million. 

Ready to apply?

If you are interested in applying for a small business loan, please download our Small Business Loan Application and follow the instructions on the cover page.

Questions? Not sure if you qualify? Please complete our Loan Inquiry Form, contact us at or call us at (346) 388-4848 for more information about our small business lending in Texas.