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NEW ORLEANS, March 8, 2021 /PRNewswire/ --
TruFund Financial Services, Inc. has received a $1M Grow with Google Small Business Fund loan and a $150K Google.org-funded grant from Opportunity Finance Network (OFN), a leading network for Community Development Financial Institutions (CDFIs). The loan fund and grant will support TruFund Financial's lending services to minority- and women-owned small businesses in Louisiana.
TruFund Financial Services, Inc. is a 501(C)3 certified Community Development Financial Institution (CDFI) headquartered in New York City with field offices in Alabama, Louisiana, and Texas. TruFund's mission is to promote and foster economic development within underserved communities and among disadvantaged populations by providing affordable loan capital to small businesses and nonprofit organizations who have difficulty accessing capital from banks or other conventional lenders.