Los Angeles Trail Blazer Tunua Thrash-Ntuk steps in to lead center by Lendistry

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LOS ANGELES, March 31, 2022 (GLOBE NEWSWIRE) — The Center by Lendistry (“The Center”) announced today that Tunua Thrash-Ntuk will take the helm as the organization’s first CEO and President. Tunua brings with her extensive experience in leading community development strategies in California. Under Tunua’s leadership, the Center will adopt a coordinated national strategy, expanding the nonprofit’s footprint as a record number of small businesses enter the market. She also intends to create a stronger ecosystem of community development opportunities at the national level.

“I am thrilled to join the Center to expand and advance its mission to help underserved small business owners access the capital and resources they need to thrive in this economy, and to ensure that communities where they do business are also great places,” says Thrash-Ntuk. “I look forward to positioning the Center as a national leader in equitable solutions that support and empower diverse businesses that are the backbone of our communities.”

Through access to education, technical assistance, one-on-one coaching, and targeted support programs such as the Los Angeles County Small Business Resilience Program and the Metrolink Small Business Partnership Program , the center has helped more than 10,000 underserved small business owners in California achieve success.

Tunua comes to the Center after serving as Senior Executive Director of the Local Initiatives Support Corporation in Los Angeles (LISC LA), where she is widely considered a regional and national leader on issues of affordable housing, economic development, access to small business and program capital. that offer alternatives to incarceration. She recently received the “Trail Blazer Hall of Fame Award” from the California Black Women’s Collective for her leadership and was one of Stratiscope’s LA 2021 Impact Makers to Watch and won the Wells Fargo Diversity, Inclusion and Equity Award from the Los Angeles Business Journal.

While at LISC, Tunua successfully expanded LISC LA’s housing, small business, and loan programs and deepened her commitment to racial equity by closing gaps in wealth and opportunity for families. and businesses in Greater Los Angeles. Prior to LISC, Tunua served as Executive Director of the West Angeles Community Development Corporation and currently serves as a board member or advisory board member for numerous entities. Ms. Thrash-Ntuk holds a BA from UC Berkeley and a Masters in Urban Planning from MIT.

“We have worked with Tunua on multiple projects and have seen tremendous success,” said Everett K. Sands, CEO of Lendistry. “Our team can barely contain our excitement to partner with such a dynamic and innovative leader.”

“We look forward to this next phase of our growth and know that Tunua will help us move into the future to grow alongside Lendistry,” adds Constance Anderson, Center Market President.

With Tunua Thrash-Ntuk as CEO and Chairman, the Center will evolve from an impactful partner for underserved small businesses in the state’s largest economy, to helping small business owners and the communities in which they make business to grow and prosper nationwide.

About the Center by Lendistry

The Center by Lendistry is a nonprofit organization that provides education, technical assistance, and resources to help small businesses located in low-to-moderate income underserved communities achieve their dreams. At the Center, small business owners have access to courses to develop their business skills and receive unique solutions through one-on-one meetings with expert business advisors. A member organization of the South Los Angeles CDFI Consortium, the Center has actively supported the underserved small business community during the pandemic with the Los Angeles County Small Business Resilience Program, collaborated with Metrolink to prepare small business owners companies to compete for supply contracts and helped clients through the California Relief Grant application process as a referral partner. The Center is the not-for-profit affiliate of Lendistry, a minority-led, technology-driven small business and commercial real estate lender, providing economic opportunity and incremental growth to underserved urban and rural small businesses and their communities. .

Press contact: [email protected]

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  • Tunua Thrash-Ntuk, CEO and President of The Center by Lendistry

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Tunua Thrash-Ntuk, CEO and President of The Center by Lendistry

Tunua Thrash-Ntuk, CEO and President of The Center by Lendistry

Source: Lendistry