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TruFund Financial Services, Inc Secures Additional $11 5 Million in Capital to Bolster Historically Under-Resourced Affordable Housing Developers
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TruFund Financial Services, Inc Secures Additional $11 5 Million in Capital to Bolster Historically Under-Resourced Affordable Housing Developers
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New aid open to business owners struggling to recover from pandemic
New aid open to business owners struggling to recover from pandemic
4 hours 47 minutes 50 seconds ago
Monday, July 12 2021
Jul 12, 2021
July 12, 2021 7:24 PM
July 12, 2021
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Source: WBRZ
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BATON ROUGE – A new 1.1 million dollar loan is now available for small businesses in the capital region. The funds will be focusing on those who are still struggling to recover from COVID-19.
“We are really coming up with viable solutions to help the small business community,” Kim Carter Evans said.
Evans works for TruFund Financial Services: a national nonprofit that seeks to stimulate economic development in communities that are underserved by traditional banking institutions.
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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.