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Chapter · 22 of 24
Frank Edward Crump, President, UPI Loan Fund

Frank Crump.

Founder & President, UPI Loan Fund · Social Entrepreneur & Community Advocate

Forty-plus-year career refusing to pick between profit and purpose. A Black-led CDFI founder standing between families and the 300% payday trap — and a voice at the World Economic Forum in Davos.

Frank Edward Crump has spent 40 plus years building a career that refuses to pick between profit and purpose. A social entrepreneur and community advocate based in Arizona, he is the founder and president of the UPI Loan Fund (UPILF), a Black-led nonprofit Community Development Financial Institution certified under the U.S. Department of Treasury. UPILF provides low-cost consumer and business loans to unbanked, under-banked, and low-to-moderate-income borrowers, operating as a direct alternative to predatory payday and title lenders that often charge 300 percent in interest and fees. Sixty percent of the fund’s loans go to Black Americans, with 40 percent serving other communities lacking traditional access.

Frank’s journey has been globe-spanning. He earned his bachelor’s degree from Franklin & Marshall College before building a 20-year career in Asia as Regional Director, Western Asia Pacific, for an international British defense and aerospace corporation based in Bangkok, with marketing responsibility across Thailand, India, Pakistan, and Sri Lanka. He also co-founded United Chem-Con Corporation, recognized among America’s Top 100 Black-owned businesses. In January 2025, Frank spoke at the World Economic Forum in Davos and signed an agreement with the Singapore Institute for Financial Literacy to bring its programs stateside. He has also presented to NIH UNITE committees on diversity and equity.

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