Proforma Fund, Inc.
Financial ServicesMissouri, United States11-50 Employees
Proforma Fund, Inc. operates in the financial services sector with a focus on credit unions. The company partners with an exclusive network of credit unions and dealerships to improve loan-to-share ratios by facilitating nonprime auto loans, while offering end-to-end servicing and guaranteeing no charge-offs. This approach aims to deliver lower interest rates and payments for borrowers and to help credit unions manage investment yield pressures by expanding loan portfolios within a defined 24-month timeframe. Based in the St. Louis area, the firm positions itself as a collaborative solution for credit unions seeking portfolio growth and risk-managed lending. The organization was formed by professionals described as credit union thought leaders and innovators, and it has engaged with substantial industry players, including entering an alliance with CUNA Strategic Services Inc. in 2021. The company’s model concentrates on supporting credit unions through exclusive partnerships and managed servicing to address declining loan-to-share ratios amid shifting financial conditions.