Black & Bankable CEO Podcast

How To Get A Business Loan: The Best Kept Secret Funding Option


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In June 2021, the U.S. Treasury Awarded $1.25 Billion to CDFIs to Support Economic Relief in Underserved Communities Affected by COVID-19. Specifically, these awards provide Community Development Financial Institutions, or CDFIs, with flexible capital to help distressed and underserved communities across the country.

CDFIs have been around for decades but most business owners are unclear of what they are and how to do business with them. Until today!

In this episode, I am joined by one of the hardest working Senior Vice Presidents (SVP) I know - Dr. Kim Carter Evans, SVP and Managing Director of Trufund Financial Services. And we break this CDFI thing all the way down given you clear path and solid strategy to obtaining much needed money for your business.


Check out this episode, subscribe, and share with your business bestie!

Sincerely,


Talibah M. Bayles, Host, The Black & Bankable Podcast đź’ť


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About Trufund:

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 tailors its financial and technical assistance to the unique needs of each site—from contractor mobilization lending in New York and Louisiana to rural Black Belt initiatives in Alabama.


TruFund’s lending activities are designed to strengthen the capacity of small businesses, community and faith-based organizations, community development corporations, and large-scale development projects. TruFund works closely with private, governmental, and community partners to develop and operate programs that address specific capital gaps within local markets, and seeks to obtain funding commitments from local financial institutions to serve local needs. Our products range along the continuum of credit from multi-million-dollar New Markets Tax Credits projects to small business loans for entrepreneurs.

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Black & Bankable CEO PodcastBy The Black & Bankable CEO Podcast