TruFund Financial Services, Inc.

About TruFund Financial Services, Inc.

TruFund Financial Services, Inc. is a nonprofit organization with a mission to expand access to capital, resources, and business advisory services for undercapitalized individuals and communities. They aim to foster economic resilience, strengthen entrepreneurial ecosystems, help small businesses grow, create jobs, build generational wealth, and bridge economic gaps through strategic partnerships and innovative financial solutions.

Products & Services

Small Business Lending:Includes TruFund Small Business Loan, SBA Community Advantages (7a) Loan, TruAccess Contractor Mobilization Loans, and Real Estate Acquisition Program (RAP) Lending & Education to support small businesses with financing needs.

Business Advisory Services:Provides guidance and programs to help small businesses succeed and grow through tailored advice and support.

Structured Lending & Investments (Tru-Capital):Offers structured financial solutions and investments to support business growth and development.

New Markets Tax Credits (Empowerment Reinvest Fund, LLC):Facilitates tax credit programs to encourage investment in low-income communities, with documented success stories.

TruFund Resilience & Sustainability Fund:Focuses on energy-resilient and community-centered development through financial support and investments.

Disaster Relief & Resiliency Services:Offers products and services for disaster recovery and resiliency, including responses to crises like the COVID-19 pandemic.

Specialties

Small Business Lending Business Advisory Services Structured Lending & Investments New Markets Tax Credits Disaster Relief & Resiliency Community Development Finance

Funding History

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#	Type	Amount Fields	Date Fields	Investors
1	RT: Fund Expansion (Impact Developers Fund) T: - FT: Fund Expansion (Impact Developers Fund)	A: 11500000 MR: - FA: $11.5 million FAN: 11500000	D: 2023-09-29 FD: 2023-09-29	5 investors

Fund Expansion (Impact Developers Fund) Latest

2023-09-29

$11.5M

5 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

T

Terrence Clark

President & CEO

H

Hilda Abbott

Founder

C

Cheri Morial Ausberry

Customer Service Manager

W

Worley Barker

Vice President/Business Banking

W

Wendi Boyen

Community Development Lending & Investment Leader

B

B. Seth Bryant

Managing Partner

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