BBIF Capital Joins CDFI Loan Participation Collaborative to Expand Capacity and Advance Caring for Others’ Mission Supporting Families Locally and Worldwide

ORLANDO, Florida — December 3, 2025 — BBIF Capital (BBIF) is proud to support Caring for Others, a global humanitarian nonprofit headquartered in Atlanta, Georgia, dedicated to restoring dignity and stability for families in crisis, as the organization expands its operational footprint through the acquisition of a third warehouse facility. This milestone was made possible through a collaborative financing effort with TruFund Financial Services, Inc., Access to Capital for Entrepreneurs (ACE) and BBIF Capital.

The collaboration reflects a major commitment from these three Community Development Financial Institutions (CDFIs), enabling Caring for Others to dramatically increase its readiness, responsiveness, and reach.

“BBIF is proud to join our fellow CDFI partners in this loan supporting Caring for Others as they expand their operations and deepen their impact in communities locally and abroad. Our investment reflects our commitment to financing organizations that strengthen communities, create opportunity, and drive sustainable economic growth, and it is a strong example of how CDFIs can partner to expand impact,” said Duane Lewis, COO of BBIF.

The expanded warehouse strengthens the organization’s ability to deploy swift, coordinated disaster relief both in the United States and abroad. The facility will serve as a central staging hub for essential goods, including food, water, clothing, hygiene kits, and medical supplies. Its design supports a proactive relief model in which fully stocked convoys are prepared and positioned to move within minutes of an emergency.

This model proved crucial following the recent storm in Jamaica. With supplies already in place when disaster strikes, Caring for Others can dispatch immediate assistance, meeting families at the earliest stages of recovery when support is most urgently needed.

“Every pallet in this warehouse symbolizes hope. It represents a family that can begin again. This partnership with TruFund, BBIF, and ACE extends our ability to reach those moments of crisis with dignity, consistency, and care," said Dr. Eslene Richmond Shockley, Founding President and CEO of Caring for Others.

“This collaboration among CDFIs demonstrates how working together amplifies our ability to meet urgent needs and create lasting impact in the communities we serve. By supporting Caring for Others, we are strengthening and expanding their capacity to advance their mission of eradicating poverty through comprehensive programs that provide food, education, clothing, and housing for individuals and families in need. Together we can achieve more than we can individually," said James H. Bason, President and CEO of TruFund Financial Services Inc.

The warehouse will function as the operational heart of Caring for Others’ domestic and international relief strategy. Staff and volunteers maintain prepacked zones of essential items so that trucks and 18-wheelers can depart quickly, ensuring families receive help when it matters most.

The collaboration among the three CDFIs underscores a shared commitment to deploying capital in ways that strengthen community infrastructure, support accessible economic solutions, and magnify the work of organizations delivering measurable impact.

“At ACE, we believe collaboration is one of the most powerful tools we have to expand opportunity, and this partnership reflects the very best of what CDFIs can accomplish together. By supporting Caring for Others’ expansion, we’re helping ensure communities are better prepared, better supported, and better equipped to recover from crisis. ACE is grateful to play a role in advancing this vital work,” said Martina Edwards, CEO of Access to Capital for Entrepreneurs.

With the addition of this new facility, Caring for Others is positioned to scale its global operations, accelerate relief deployment, and deepen its long-term support for families navigating both immediate disasters and ongoing recovery.

About BBIF

Created in 1987, BBIF provides loan capital, financial technical assistance, and business development services to support business owners. As a mission-driven lender, BBIF helps businesses grow by offering capital solutions and specialized guidance tailored to their needs. BBIF is a CDFI (Community Development Financial Institution) and CDE (Community Development Enterprise) certified by the U.S. Department of the Treasury CDFI Fund. The organization is also a Community Advantage and Micro Loan lender certified by the U.S. Small Business Administration, a Money Smart for Small Business collaborator certified with the Federal Deposit Insurance Corporation (FDIC), and holds an AERIS rating of triple star, A.

Since its inception, BBIF has provided over 1,218 loans totaling $118.3 million and received over $248MM in New Markets Tax Credit (NMTC) awards, for a leveraged impact of over $925 million in NMTC investments. These efforts have created/retained over 15,600 jobs, while maintaining a historical loan loss rate of 3.50%. www.BBIF.com.

About TruFund Financial Services, Inc.

TruFund Financial Services is a mission-driven Community Development Financial Institution committed to creating economic opportunities for small businesses and communities. Through accessible capital and advisory services, TruFund empowers entrepreneurs to grow strong, sustainable enterprises that anchor local economies.

About Caring for Others

Caring for Others, Inc. is an international human services organization working to eradicate poverty through food distribution, clothing, education, and housing support for individuals and families around the world.

About Access to Capital for Entrepreneurs

ACE is a Georgia 501(c)(3) nonprofit and community development financial institution (CDFI) that provides affordable capital combined with coaching and connections to help borrowers create and grow sustainable businesses that generate jobs. Over the last 25 years, we have provided more than $250 million in loans and business advisory services to support 2,800+ small business owners and helped create or save 23,000+ jobs for Georgians.