PeopleFund Blog

Mar 32021

National and Local Community Lenders Announce Multi-Million Dollar Fund to Support Small Business and Nonprofit Recovery Across the South

in Announcements, Press Releases, Small Business Resources

The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

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The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

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Dec 12020

Client Highlight: Industrial Solutions

in Client Success, Small Business

Our client, Barbara Oldums of Industrial Solutions shared the story of her business, Industrial Solutions. Read her story below: “We started Industrial Solutions in 2011, it’s our 9th year of business. We are a wholesale distributor of safety and janitorial supplies. We have multibillion-dollar competitors, so we found that good customer service…

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Our client, Barbara Oldums of Industrial Solutions shared the story of her business, Industrial Solutions. Read her story below: “We started Industrial Solutions in 2011, it’s our 9th year of business. We are a wholesale distributor of safety and janitorial supplies. We have multibillion-dollar competitors, so we found that good customer service…

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Oct 262020

PeopleFund Helps Over 130 Small Businesses Thanks to Grant from Truist

in Accomplishments & Awards, Announcements, Press Releases

For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

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For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

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Jun 172020

OFN Announces PeopleFund Receives Grow With Google Small Business Fund Loan and Google.org Grant to Help Small Businesses Recover From COVID-19

in Accomplishments & Awards, Announcements, Press Releases

Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

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Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

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May 182020

PeopleFund & City of Victoria Launch Small Business Relief Program

in Announcements, Press Releases, Programs, Small Business Resources

Small business relief program to begin accepting applications For immediate release on May 13, 2020 Starting Monday, May 18th, Victoria small business owners will be able to apply for $845,000 in COVID-19 relief loans after the Victoria City Council approved an agreement Tuesday with PeopleFund to create the Business Resiliency Microloan Program….

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Small business relief program to begin accepting applications For immediate release on May 13, 2020 Starting Monday, May 18th, Victoria small business owners will be able to apply for $845,000 in COVID-19 relief loans after the Victoria City Council approved an agreement Tuesday with PeopleFund to create the Business Resiliency Microloan Program….

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May 12020

Client Highlight: The Little Art Bus

in Client Success

The Little Art Bus (TLAB) is the first small business to benefit from our Fort Worth Microloan Relief Program with the City of Fort Worth. TLAB, owned and operated by Niki Little in Fort Worth, Texas, aims to bring a creative experience right to your front door. TLAB provides a fun and…

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The Little Art Bus (TLAB) is the first small business to benefit from our Fort Worth Microloan Relief Program with the City of Fort Worth. TLAB, owned and operated by Niki Little in Fort Worth, Texas, aims to bring a creative experience right to your front door. TLAB provides a fun and…

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Apr 242020

Regions Foundation Announces Grant for PeopleFund to Help Small Businesses Affected by COVID-19

in Press Releases

By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

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By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

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Apr 152020

City of Fort Worth and PeopleFund Launch New Microloan Program Supporting Local Businesses

in Announcements, Press Releases, Small Business Resources

The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…

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The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…

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Mar 102020

PeopleFund & City of Eagle Pass Inject $200,000 Into Small Businesses

in Announcements, Press Releases, Small Business

In partnership with PeopleFund, the City of Eagle Pass announces the release of the Downtown Revolving Loan Fund (DRFL). The DRFL will provide a low interest financing option to individuals looking to open a new business in the Central Business District, with a high emphasis on Main Street. The City has committed…

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In partnership with PeopleFund, the City of Eagle Pass announces the release of the Downtown Revolving Loan Fund (DRFL). The DRFL will provide a low interest financing option to individuals looking to open a new business in the Central Business District, with a high emphasis on Main Street. The City has committed…

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Nov 262019

PeopleFund Provides New Market Tax Credit for POST Houston Project

in Announcements, Press Releases

Read the press release below or on National Trust Community Investment Corporation (NTCIC)’s website:  November 4, 2019 –  NTCIC is pleased to announce the successful closing on historic financing for the POST Houston revitalization in downtown Houston, Texas. NTCIC syndicated the federal Historic Tax Credits (HTCs) earned by the project which generated over…

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Read the press release below or on National Trust Community Investment Corporation (NTCIC)’s website:  November 4, 2019 –  NTCIC is pleased to announce the successful closing on historic financing for the POST Houston revitalization in downtown Houston, Texas. NTCIC syndicated the federal Historic Tax Credits (HTCs) earned by the project which generated over…

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