Tag Archives: TruFund Financial Services
TruFund Invests $9Million In New Markets Tax Credits To CrossPlex Development In Birmingham, Alabama
Birmingham, AL – August 02, 2017 –TruFund Financial Services, Inc., through its subsidiary Empowerment Reinvestment Fund (ERF), today announced the investment of $9 million in New Markets Tax Credits to support the CrossPlex Development in Birmingham, Alabama. This investment will support the construction of a 101-room hotel, 6,500 square feet of retail with a coffee […]
TruFund Financial Services, Inc. Set To Participate In Path To Power Conference During 2017 Essence Festival
June 28, 2017 – NEW YORK – TruFund Financial Services, Inc. is partnering with the US Black Chambers, Inc. and the New Orleans Regional Black Chamber of Commerce to participate in a special panel taking place during the 2017 Essence Festival in New Orleans. The USBC Community Development Corporation (USBC CEDC) is hosting a free workshop […]
TruFund Financial Services, Inc. To Provide Flood Recovery Financial Assistance Through Restore Louisiana Small Business Loan Program
New York, NY – May 31, 2017 – In response to the historic flooding that devastated much of Louisiana in March and August 2016 with an estimated $2 billion in damages to over 20,000 businesses, TruFund Financial Services has partnered with the Restore Louisiana Small Business Program to provide financial assistance to small business owners […]
TruFund Financial Awarded $55 Million in New Markets Tax Credit Allocation
New York, NY – November 18, 2016 – In the largest single round in the history of the New Markets Tax Credit (NMTC) Program since its creation in 2001, TruFund Financial Services, Inc. has been awarded $55 million to spur economic and community development in distressed and low-income communities. TruFund received the New Market Tax Credit […]
TruFund – LA Launches Baton Rouge Small Business Recovery Initiative In Partnership With Capital One Bank
Baton Rouge, LA – October 5, 2016 –TruFund Financial Services, Inc. a Community Development Financial Institution (CDFI), today announced a partnership with Capital One Bank to provide low interest loans to small businesses affected by the 2016 Louisiana flood that so far has caused an estimated $2 billion in damages to over 20,000 businesses. Over […]
TruFund, Regions Bank and Fundation Work Together to Provide Loans to Underserved Small Businesses
BIRMINGHAM, Ala. – (September 14, 2016) – Regions Bank, together with Fundation Group LLC, a digitally-enabled small business lender, and TruFund, a Community Development Financial Institution (CDFI), today jointly announced a first-of-its-kind agreement to provide small dollar loans to underserved small businesses. Through this unique and collaborative agreement among a regional bank, a digitally-enabled lender […]
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 providing the opportunity for all American businesses, large and small, to grow […]
TRUFUND LAUNCHES CONTRACTOR SUPPORT CENTER PILOT PROGRAM
New York, NY – January 21, 2016 – Last week, TruFund Financial Services expanded its reach in services to minority and women-owned contractors by opening a new contractor support center in Louisiana in partnership with the Louisiana Economic Development (LED), East Baton Rouge Parish Fair Share Program and the Southern University Small Business Development Center. […]
TRUFUND FINANCIAL SERVICES, INC. RECEIVES GRANT AWARD FROM TRAVELERS
Travelers Awards TruFund Financial Services, Inc. $150,000 to Support Risk Management Program for Minority & Woman Owned Small Businesses NEW YORK – Dec. 2, 2015 – PRLog — TruFund Financial Services recently received a grant award from Travelers to facilitate the delivery of a Small Business Risk Education program for operating small businesses in New […]