TruFund was established in 2005 as a national nonprofit organization that advances economic opportunity for people, businesses, and communities in need. As a nonprofit, mission-driven entity, TruFund offers affordable loan capital to small businesses and nonprofit organizations that are financially viable but have difficulty accessing capital from banks or other conventional lenders.
TruFund offers more than a loan – we provide an opportunity for underserved small businesses and low-income communities to thrive.
TruFund is a Community Development Financial Institution “CDFI”. TruCapital is the structured equity investment arm of TruFund. TruCapital seeks to promote equity capitalization and access for minority and underserved communities. One way in which TruCapital is addressing racial inequality is by providing access to affordable equity capital to MWBE developers through initiatives such as the Impact Developers Fund (IDF), a $26 million partnership with Morgan Stanley and the Ford Foundation. IDF identifies, evaluates and invest in promising MWBE’s nationally with a focus on affordable and mixed-income housing.