At a glance
From its website, read 2 Nov 2026TruFund Financial Services, Inc. is a loan fund based in New York, New York. Its website describes commercial real estate loans and small-business loans. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (929) 656-2565 source |
|---|---|
| Phone | (504) 884-0607 source |
| Phone | (346) 388-4848 source |
| info@trufund.org source | |
| Apply online | Page with the application link |
| Website | www.trufund.org |
| Office (official list) | 9 East 40th Street, 9th Floor, New York, NY 10016 |
What their website says about applying
Louisiana small businesses can learn more and apply by visiting:
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 15 Jul 2026 |
| RSSD ID | — (none listed) |
| Address | 9 East 40th Street, 9th Floor, New York, NY 10016 Directions (Google Maps) |
| Website | www.trufund.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Loan amount ranges were not stated on the pages fetched, and the SBA 7(a) and TruFund Small Business Loan pages were not among them. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Commercial real estate loans | — | TruFund’s Real Estate Acquisition Program provides both business advisory services and access to capital to disadvantaged small business owners who seek the opportunity to overcome the primary barriers to owning real estate | source |
| Small-business loans | — | The program offers loans to support a variety of business needs, including working capital, equipment purchases, inventory, business expansion, and other eligible expenses. | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Not stated on the pages we read.
Borrower focus
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Click here to apply
source
Pages read (7)
- https://www.trufund.org/
- https://www.trufund.org/louisiana-opportunity-capital-micro-lending-program/
- https://www.trufund.org/small-business-lending/real-estate-acquisition-program-rap-lending-education/
- https://www.trufund.org/trufund-financial-services-to-launch-2-million-micro-lending-program-for-louisiana-small-businesses/
- https://www.trufund.org/trufunds-tru-capital-investment-fund-invests-in-cb-emmanuel-realty-to-accelerate-affordable-housing-development-and-community-revitalization/
- https://www.trufund.org/trufund-financial-services-receives-1-5-million-award-from-new-jersey-economic-development-authority-to-expand-access-to-capital-for-businesses/
- https://www.trufund.org/products-services/programs-and-initiatives/business-financial-empowerment-program/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What interest rate and fees should I expect on your commercial real estate loans and small-business loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$14 million in 12 awards from the U.S. Treasury's CDFI Fund, 2007–2024 (CDFI Equitable Recovery Program; CDFI Program, Financial Assistance; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $725,000 |
| 2022 | CDFI Equitable Recovery Program | $2,354,897 |
| 2022 | CDFI Program, Financial Assistance | $717,900 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2019 | CDFI Program, Financial Assistance | $674,000 |
| 2018 | CDFI Program, Financial Assistance | $1,125,000 |
| 2016 | CDFI Program, Financial Assistance | $500,000 |
| 2012 | CDFI Program, Financial Assistance | $1,453,806 |
| 2011 | CDFI Program, Financial Assistance | $1,500,000 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
| 2009 | CDFI Program, Financial Assistance | $2,000,000 |
| 2007 | CDFI Program, Financial Assistance | $407,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $51.8M |
|---|---|
| Total liabilities | $32.1M |
| Net assets | $19.8M |
| Total revenue | $12M |
| Notes and loans receivable, net (Part X line 7) | $29.8M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 59-3814814, filed as “TRUFUND FINANCIAL SERVICES INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2022 (990) | $48.5M | $19.2M | $16M | $19.8M |
| Dec 2023 (990) | $51.8M | $19.8M | $12M | $29.8M |
Total assets grew 7% from Dec 2022 to Dec 2023; notes and loans receivable rose 50%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $100,750 (10 loans) | All 7(a) lenders in New York: $130,000. Larger than the median loan of 19% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 2 → 7 | Rank among the 9 certified CDFIs in New York with SBA approvals in either period: 7 → 6. |
| Total assets, latest IRS Form 990 | $51.8M | Larger than 72% of the 39 other certified loan funds and venture funds in New York with a matched Form 990 (median $12.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 19% |
| SBA approvals then vs now | certified CDFIs in New York with SBA approvals FY2023–2026 | 8 | rank 7 → 6 of 9 |
| Form 990 total assets | certified loan and venture funds with a Form 990, in New York | 39 | larger than 72% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 10 SBA-backed approvals for TruFund Financial Services, Inc. in fiscal years 2020–2026 (October 2019 to September 2026):
- 10 7(a) loans as the lender: $1.2M in total (gross amount approved), median $100,750
By fiscal year: FY2020 1 · FY2021 0 · FY2022 0 · FY2023 0 · FY2024 2 · FY2025 1 · FY2026 6.
What actually happened
- Size of its 7(a) loans: half were between $79,250 and $140,500, median $100,750 (10 loans)
- Term of its 7(a) loans: median 120 months (10 years) (10 loans)
- Fixed or variable: 20% of its 7(a) loans had a fixed rate (10 loans)
- Young businesses: 10% of its 7(a) loans went to a startup or a business two years old or less (10 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (9, 90%)
- 7(a) Community Advantage (1, 10%)
Borrower industries
NAICS sector, 3 or more loans.
- Professional, scientific, and technical services (3)
How this lender was matched in the SBA files: SBA lender ID 0488878: same name, state and city (SBA lists “TruFund Financial Services Inc”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. TruFund Financial Services, Inc. may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in New York and New York
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- CHURCH OF THE MASTER FEDERAL CREDIT UNIONCredit union · New York, NYAuto / vehicle loans, Personal / consumer loans, Small-business loansVerified
- Community Development Trust, LP, TheLoan fund · New York, NYAffordable housing development loansVerified
- Community Development Venture Capital Alliance, TheVenture capital fund · New York, NYOfficial list only
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