October 01, 2016 7:34 PM ET

Diversified Financial Services

Company Overview of TruFund Financial Services, Inc.

Company Overview

TruFund Financial Services, Inc. provides lending services to community organizations, community development corporations, small businesses, large-scale development projects, not-for-profit organizations, and real estate developers. It offers loans for working capital for organizations looking to expand, relocate, or restructure; real estate loans to acquire, develop, and rehabilitate real estate properties, such as affordable and supportive housing, community facilities, and retail development; and small business lending, not-for-profit organizations lending, new markets tax credits, leverage loans, programs and initiatives, technical assistance support services, and micro lending. The comp...

915 Broadway

18th Floor

New York, NY 10010

United States

Founded in 2005

Phone:

212-204-1300

Fax:

646-274-1165

Key Executives for TruFund Financial Services, Inc.

President and Director
Age: 61
Chief Financial Officer
Chief Operating Officer
Senior Vice President of Operations and Program Management
Chief Credit Officer
Compensation as of Fiscal Year 2016.

TruFund Financial Services, Inc. Key Developments

Regions Bank, Fundation and TruFund Work Together to Provide Loans to Underserved Small Businesses

Regions Bank, together with Fundation Group LLC and TruFund 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 and a CDFI, underserved small businesses that may not be eligible for traditional bank loans will have the opportunity to apply for small dollar loans for working capital and expansion activities. This agreement allows more small businesses to benefit from TruFund’s hands-on approach to helping small businesses. Using the online lending expertise of Fundation, small business clients will have increased availability and access to funding, in as fast as 48 hours from application. Regions has also pledged to provide capital, assisting both TruFund and small business customers.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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