PeopleFund Blog

Press Releases

PeopleFund announces new Chief Information and Operations Officer

PeopleFund announces new Chief Information and Operations Officer Laura Alatorre Kvalheim, accomplished fintech executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Laura Alatorre Kvalheim as the organization’s new Chief Information and Operations Officer. A seasoned financial services and technology executive, Ms. Kvalheim’s career includes positions…

PeopleFund announces new Chief Information and Operations Officer Laura Alatorre Kvalheim, accomplished fintech executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Laura Alatorre Kvalheim as the organization’s new Chief Information and Operations Officer. A seasoned financial services and technology executive, Ms. Kvalheim’s career includes positions…

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

$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…

$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…

PeopleFund Announces New Chief Financial Officer

PeopleFund announces new Chief Financial Officer Anthony Hedger, a seasoned financial executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Anthony Hedger as the organization’s new Chief Financial Officer. A seasoned financial executive, Mr. Hedger worked for Rolls Royce maritime, Petronas, CFS Bank and Vodafone playing…

PeopleFund announces new Chief Financial Officer Anthony Hedger, a seasoned financial executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Anthony Hedger as the organization’s new Chief Financial Officer. A seasoned financial executive, Mr. Hedger worked for Rolls Royce maritime, Petronas, CFS Bank and Vodafone playing…

BIPOC Small Business Accelerator Announcement: Houston and Fort Worth

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…

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…

The Veteran Collaborative Announces the Creation of the Veteran Loan Fund

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…

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…

PeopleFund Chosen To Join Starbucks Community Resilience Fund

PeopleFund is excited to announce that we have been selected to receive funding as part of Starbucks Community Resilience Fund.  The funding awarded to PeopleFund will support small business growth projects in Black, Indigenous, and People of Color (BIPOC) communities.  Starbucks has given PeopleFund access to a $3 million, 10-year credit to…

PeopleFund is excited to announce that we have been selected to receive funding as part of Starbucks Community Resilience Fund.  The funding awarded to PeopleFund will support small business growth projects in Black, Indigenous, and People of Color (BIPOC) communities.  Starbucks has given PeopleFund access to a $3 million, 10-year credit to…

PeopleFund receives Financial Assistance Award from U.S. Department of Treasury

PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

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

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…

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…

BIPOC Small Business Accelerator

PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

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

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)…

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)…