Category: In the News

Jul 132022

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo

in In the News,Press Releases,Small Business,Veterans

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo  Unprecedented initiative in support of veteran entrepreneurs gains momentum   AUSTIN, TEXAS – The Veteran Loan Fund announced today that it has raised $15 million in support of veteran-owned business, including seed funding from Wells Fargo. The Veteran…

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$15 million Veteran Loan Fund closes its first round with support from Wells Fargo  Unprecedented initiative in support of veteran entrepreneurs gains momentum   AUSTIN, TEXAS – The Veteran Loan Fund announced today that it has raised $15 million in support of veteran-owned business, including seed funding from Wells Fargo. The Veteran…

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May 102022

Client Spotlight: NOMTOMBOT, INC.

in Client Success,In the News,Small Business

Picture this: It’s the middle of summer and the Texas heat is beating down on you while you are walking around the local flea market. Beads of sweat are dripping down your forehead, and the only thing keeping you cool is an ice-cold mangonada or a refreshing melon agua fresca. Memories just…

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Picture this: It’s the middle of summer and the Texas heat is beating down on you while you are walking around the local flea market. Beads of sweat are dripping down your forehead, and the only thing keeping you cool is an ice-cold mangonada or a refreshing melon agua fresca. Memories just…

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Mar 102022

BIPOC Small Business Accelerator Announcement: Houston and Fort Worth

in Announcements,In the News,Press Releases,Small Business

PeopleFund is proud to announce that we deployed over $1.5M in loans and $120,000 in grants to 28 small businesses in Austin and Dallas during our inaugural cohorts. Applications open today for BIPOC Small Business Accelerator’s second set of cohorts in Fort Worth and Houston. This program will continue to provide small business owners with…

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PeopleFund is proud to announce that we deployed over $1.5M in loans and $120,000 in grants to 28 small businesses in Austin and Dallas during our inaugural cohorts. Applications open today for BIPOC Small Business Accelerator’s second set of cohorts in Fort Worth and Houston. This program will continue to provide small business owners with…

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Jan 272022

The Veteran Collaborative Announces the Creation of the Veteran Loan Fund

in Announcements,In the News,Press,Press Releases,Small Business

PeopleFund is honored to be one of twelve Community Development Financial Institutions announcing the creation of the Veteran Loan Fund, with Bank of America as the lead capital investor. The Veteran Loan Fund aims to fill the financial and training gap that underserved military veterans face when building a small business. This…

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PeopleFund is honored to be one of twelve Community Development Financial Institutions announcing the creation of the Veteran Loan Fund, with Bank of America as the lead capital investor. The Veteran Loan Fund aims to fill the financial and training gap that underserved military veterans face when building a small business. This…

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Nov 192021

PeopleFund Expanding to East Texas with Grant from T.L.L. Temple Foundation

in Announcements,In the News,Press Releases

PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

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PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

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Nov 122019

Woodforest National Bank And PeopleFund Introduced Woodforest Foundry To Texas Veterans Aspiring To Open A Small Business

in In the News,Press Releases,Programs

Read the feature below or click here:  THE WOODLANDS, Texas, Nov. 11, 2019 /PRNewswire/ — In honor of National Veterans Week, Woodforest National Bank® (Woodforest) recently teamed up with PeopleFund, a leading Community Development Financial Institution (CDFI) to introduce ENTREPRENEURSHIP 4 ALLSM, a part of the Woodforest FoundrySM in Austin, Dallas, Fort Worth and Houston, Texas to support veterans aspiring to become small…

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Read the feature below or click here:  THE WOODLANDS, Texas, Nov. 11, 2019 /PRNewswire/ — In honor of National Veterans Week, Woodforest National Bank® (Woodforest) recently teamed up with PeopleFund, a leading Community Development Financial Institution (CDFI) to introduce ENTREPRENEURSHIP 4 ALLSM, a part of the Woodforest FoundrySM in Austin, Dallas, Fort Worth and Houston, Texas to support veterans aspiring to become small…

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Oct 22019

PeopleFund Welcomes Gustavo Lasala as President & CEO

in Announcements,In the News,Press Releases

Financial Services veteran to join nonprofit small business lender Austin, Texas – PeopleFund is pleased to announce Gustavo Lasala as the organization’s incoming President & Chief Executive Officer, joining the organization October 1st. Current leader Gary Lindner will transition to a Senior Advisor role, providing close counsel and strategic guidance. A seasoned…

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Financial Services veteran to join nonprofit small business lender Austin, Texas – PeopleFund is pleased to announce Gustavo Lasala as the organization’s incoming President & Chief Executive Officer, joining the organization October 1st. Current leader Gary Lindner will transition to a Senior Advisor role, providing close counsel and strategic guidance. A seasoned…

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Jun 192019

DreamSpring Announced as New Name for Regional, High-Impact Non-Profit

in Announcements,In the News,Press Releases,Small Business Resources

FOR IMMEDIATE RELEASE Contact: Brinn Pfeiffer, Accion Media and Communications Manager Direct: 720.498.3828, Main: 800.508.7624 DreamSpring Announced as New Name for Regional, High-Impact Non-Profit Accion Serving Arizona, Colorado, Nevada, New Mexico and Texas will become DreamSpring SM. Albuquerque, NM (June 17, 2019) – A name change from Accion to DreamSpring SM is in the works…

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FOR IMMEDIATE RELEASE Contact: Brinn Pfeiffer, Accion Media and Communications Manager Direct: 720.498.3828, Main: 800.508.7624 DreamSpring Announced as New Name for Regional, High-Impact Non-Profit Accion Serving Arizona, Colorado, Nevada, New Mexico and Texas will become DreamSpring SM. Albuquerque, NM (June 17, 2019) – A name change from Accion to DreamSpring SM is in the works…

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May 142019

PeopleFund & Certified Development Corporation of the Southwest Announce Merger

in In the News

Merger will consolidate SBA 504 Lending under PeopleFund Austin, Texas – Both the Small Business Administration (SBA) and the State of Texas have approved the merger of PeopleFund and Certified Development Corporation of the Southwest (CDCSW). Under the terms of the merger PeopleFund will be the successor organization, effective June 1, 2019….

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Merger will consolidate SBA 504 Lending under PeopleFund Austin, Texas – Both the Small Business Administration (SBA) and the State of Texas have approved the merger of PeopleFund and Certified Development Corporation of the Southwest (CDCSW). Under the terms of the merger PeopleFund will be the successor organization, effective June 1, 2019….

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Feb 72019

PeopleFund President & CEO Announces Resignation

in Announcements,In the News

Gary Lindner planned departure August 2019 In January, Gary Lindner submitted a letter of resignation to Board Chair, Yolanda Davila, with an intended departure date of August 2, 2019, which coincides with his nine year anniversary at the helm of PeopleFund. In 2010, Gary Lindner was recruited to be PeopleFund President &…

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Gary Lindner planned departure August 2019 In January, Gary Lindner submitted a letter of resignation to Board Chair, Yolanda Davila, with an intended departure date of August 2, 2019, which coincides with his nine year anniversary at the helm of PeopleFund. In 2010, Gary Lindner was recruited to be PeopleFund President &…

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