ISSUER FREE WRITING PROSPECTUS

Dated October 4, 2016

Filed Pursuant to Rule 433

Registration No. 333-185676

TRILINC GLOBAL IMPACT FUND, LLC

FREE WRITING PROSPECTUS

TriLinc Global Impact Fund, LLC (the “Company”) filed a Registration Statement on Form S-1 (including a prospectus) with the Securities and Exchange Commission (the “SEC”) on February 25, 2013, and such registration statement became effective on February 25, 2013. This communication relates to such offering. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. The most recent prospectus, dated April 28, 2016, and all supplements thereto are available on the SEC web site at https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001550453&owner=exclude&count=40&hidefilings=0.

Alternatively, the Company or any dealer participating in the offering will arrange to send you the prospectus and/or supplements thereto if you request them by calling toll-free 1-877-907-1148.

The Company does not believe that the following communication presents an offer as defined in the Securities Act of 1933, as amended. However, the Company is filing the communication in a Free Writing Prospectus as a precautionary matter.

The article below was published by Real Assets Adviser on September 29, 2016. The article reported on certain statements made by Gloria Nelund, the Company’s Chief Executive Officer.

The article was not prepared or reviewed by the Company prior to publication. Real Assets Adviser, the publisher of the article, routinely publishes articles on business news. Real Assets Adviser is not affiliated with the Company, and no payment was made nor was any consideration given to Real Assets Adviser by or on behalf of the Company or in connection with the publishing of the Real Assets Adviser article. Statements in the article that are not attributed directly to Ms. Nelund represent the author’s or others’ opinions and are not endorsed or adopted by the Company. Statements in the article that are attributed directly to Ms. Nelund were not intended and should not be considered as offering material.

A link to the article was also posted on the Company’s website on October 5, 2016 and can be viewed at http://trilincglobalimpactfund.com/newsroom.html.

OCTOBER 2 0 1 6 | A PUBLICATION OF INSTITUTIONAL REAL ESTATE, INC.
REAL ASSETS
ADVISER
Rethinking
Wall Street
walked Gloria Nelund away from of TriLinc a $50 billion Global operation direct impact to make with her a more life.
Tech and Real Estate Rise of Index Investing On a Roll
A group of important The first of a two-part series Eight ways China is “winning” innovations are here today about the confluence of factors on transportation with resilient or on tomorrow’s horizon that favor index investing transit systems

By Mike Consol
Rethinking By Mike Consol
WALL STREET
Gloria Global Nelund walked of away TriLinc from    a to $ make 50 billion a more operation direct    impact with her life.
ne of the most memorable evenings of Gloria Nelund’s life took Oplace in April 2005 at the Yale Club on Vanderbilt Avenue in Manhattan. Nelund was CEO of Deutsche Bank’s $50 billion North America private wealth division at the time, and she and her handpicked executive team were having a soiree. The food was bountiful, the wine flowed freely and the team’s esprit was sky high. There was much to celebrate. When Nelund took the helm in 2001, the private wealth division was losing $130 million a year. By first quarter 2005, the reformulated operation was solidly in the black and touting a whopping 25 percent profit margin.
But it was the post-celebration walk to her apartment that changed her life.
“I just thought, ‘Is that it?’ I realized that when you work so hard for something and you achieve it, there’s this big letdown,” Nelund says, “but this felt bigger than that. I really felt like I had achieved so much success, had a great career and really loved what I was doing. But at the end of the day, I knew that in a few years the bank was going to make more acquisitions and we were going to be in the same place again.”
I felt like I had achieved all of this financial success and had a fabulous career, and I really wanted my life to have more meaning.
Copyright © 2015 by Institutional Real Estate, Inc. Material may not be reproduced in whole or in part without the express written permission of the publisher.
34 REALASSETS ADVISER | OCTOBER 2016

REALASSETS ADVISER | OCTOBER 2016 35

I realized that business was my calling, and that the way I could have the biggest impact on the world was doing what I had done my whole career, the thing that I loved doing, which was investing.
36 REALASSETS ADVISER | OCTOBER 2016

GETTING PERSONAL
Gloria Nelund
If 25-year-old you could Gloria go back Nelund? in time, what would you tell a
That, inadequacy. as the I’ve leader, had it’s the normal opportunity to have to spend feelings time of with and discovered some of the they’ve most successful all suffered CEOs from in the feelings country of inadequacy at times in their careers.
First I’m doing choice it. for I a retired new career? from a great career on Wall business Street, became truly was a my philanthropist, calling and the and way then I could realized have the biggest impact with my life, so I started TriLinc.
What The Bible. is the most influential book you have read? What You can is the never biggest overcommunicate. lesson you’ve learned? Dennis Stratton, a consultant ing: “We all Ihave used advanced at Deutsche degrees Bank, from had MSU, a great Making say- S**t stuff Up. up ” about In the what absence something of information, means, so people we need make to communicate, communicate, communicate.
Focus What is on the outcomes. best career It applies advice you to everything have received? — if you know actions the to outcome ensure the you outcome. want, then you can p lan your What Zig Ziglar: is your “You favorite can have quotation? everything in life you want, if want. you” just help enough other people get what they
Tell know us about something you. people would be surprised to
That taking I commuted a Sunday night to New red-eye York for every six-and-a-half week and years, back home to Manhattan Beach, California, on Friday nights. What Accomplishing is your idea everything of perfect on happiness? my “to do” list every day [smile]. ing inner Seriously, peace. I actually think it is more about hav-That What Iis will your outlive greatest my fear? sisters, my husband and kids. The loss would be too painful to bear.
Which Margaret historical Thatcher. figure She do put you great most emphasis identify on with? individual responsibility and a belief in free markets.
Fresh What is flowers. your greatest I love having extravagance? fresh flowers around all of the time.
What I honestly is your can biggest only think regret? of one because I try to be present ever and outcome make Iconscious get from decisions, my choices. fully So the owning only what- one I can of America think of after is not 16 taking years to any join time Scudder. off when I felt I left bad Bank that Scudder started there had to the wait same three day Imonths left BofA. for me to join, so I
What industry? phrase do you think is most overused in your
Diversification. when you are truly It is a diversified, powerful but, tool to often mitigate the word risk in diversification to investments is stretched that are overpriced, to persuade that investors don’t actually to get provide from market effective volatility. diversification and won’t protect them
If would you could it be? change one thing about yourself, what
I would have more patience.
What Determination. is your most pronounced characteristic?
Diving. Favorite I recreational love jumping/diving/flipping pastime? off of things and landing in water.
If be the the most first recent cut on the year soundtrack? was set to music, what would
“Circle performed of Life” as the [written opening by song Elton for John the and Hollywood Tim Rice pro and - duction nephew of and The two Lion of my King]. nieces I lost got my married, mother my recently, grandson my turned lost parents one, and this year, a few and of our we also TriLinc have team lots members of new babies. have
What case (or book iPad)? might we be surprised to find in your book-tion Tom book Clancy, in any Duty of and my bookcases. Honor, because I love it’s business the only books, fic- self-help I used to be books a Tom and Clancy devotional/inspirational junky and would binge books, read but a whole was Duty book and when Honor, he which published I’ve never a new finished. one. His last book As How someone do you want whose to life be brought remembered? honor to God.
REALASSETS ADVISER | OCTOBER 2016 37

LATIN AMERICA
What’s more, success came at a high cost. Nelund was emotionally and physically depleted, having spent years commuting weekly between New York City and Los Angeles, as well as trips to Frankfurt or London for executive committee meetings every six weeks.
“I felt like I had achieved all of this financial success and had a fabulous career, and I really wanted my life to have more meaning.” The very next day, Nelund was getting ready to board a flight to Florida and picked up a book titled Halftime that her brother-in-law had given her. The premise of the book, subtitled Moving from Success to Significance, was this: Think of your life as a football game with two halves. After you play the first half you head to the locker room for halftime to
stop and consider what changes you should make for the second half. That got Nelund questioning how she really wanted to spend the rest of her life.
A few days later, Nelund “packed a bag, hopped on a plane to London, and I quit my job. Basically, I said to my boss, ‘Look, a year from now I don’t want to be doing this. I don’t know what I want to do,’” she said. “I don’t think he really believed me when I left his office that day because I agreed to stay until the end of the year, and it was a few months before he actually started looking for a replacement.” True to her word, Nelund did leave and embarked on a career as a philanthropist, traveling around the world and getting involved in causes she cared about.
Specifically, helping women and children — and particularly children in foreign countries who were living in orphanages or on the streets. She traveled the world and studied various models for rescuing children from dys-topian situations. She brought some solutions through a process that resulted in giving them a true home. Her work with children also drew her into healthcare issues, as many children had become orphaned after diseases such as AIDS and malaria resulted in the premature death of their parents.
Two years into her philanthropic pursuits, though, Nelund had another epiphany. This time it occurred at her very first meeting as a member of the RS Investments Funds board of trustees. As she listened to the portfolio
38 REALASSETS ADVISER | OCTOBER 2016

managers talk about global economies and investing, a new insight struck.
“I realized that business was my calling, and that the way I could have the biggest impact on the world was doing what I had done my whole career, the thing that I loved doing, which was investing,” she says.
The question was how to marry her knowledge and passion for investing with her desire to make a meaningful impact in the world. Fortunately for Nelund, that question formed right about the time “impact investing” was starting to become an industry in itself. Socially responsible investing had been around for a long time, but impact investing was taking the do-well-by-doing-good movement to a new level. Nelund’s definition of
impact investing — roughly consistent with the definition espoused by the Global Impact Investing Network — is investing with the specific objective of achieving both a competitive financial return and positive, measurable impact that is intentional.
“I’ve always believed that harnessing the power of the capital markets gives us the best chance actually to solve some of these big social and environmental issues that we have in the world,” she says.
Her observation was that the best efforts of philanthropists, governments and development agencies were not enough to solve the myriad problems bedeviling humanity, especially when those problems were being exacerbated by growing populations competing for
finite natural resources. Nelund sees it this way: Impact investing is simply investing done well, but to bring about true systemic change, the impact investing industry needs scale, and the only way to achieve scale is creating and offering funds that attract private investors from the full range of private capital groups, from retail investors to high-net-worth individuals and families, to institutional investors.
“Since I had spent my entire 30-year career on Wall Street in the investment world, I had the opportunity to create, manage and deliver investment management strategies and products for institutional, high-net-worth and retail investors,” she says. “I knew a lot about each of those private capital groups — how they buy, why they buy, how they think, what drives their decision making.” The rise of impact investing gave Nelund an already established channel to direct her efforts. But she also needed a vehicle to navigate down that channel. It was that necessity that brought about the birth of TriLinc Global, a manager of impact funds.
WE HAVE LIFTOFF
From the beginning, Nelund’s vision for TriLinc Global was to be a private investment manager that launched and managed institutional- quality impact investment funds that could prove to investors they did not have to give up investment return to do good. It was simply having a process for tracking, measuring and reporting impact that is as disciplined and rigorous as the investment process.
“Impact investing should not be concessionary. It should be and/and investing,” Nelund says. The initial focus for TriLinc was to first launch a fund for retail, or non-accredited, investors, followed by impact offerings for institutional investors.
After what Nelund described as a “seven-year overnight success,” she and her team have been successfully managing the maiden “retail” fund and have recently launched a private fund for institutional investors and family offices, as well as entertaining a large institutional separate account mandate. The strategies for all three are similar and revolve around a single idea that there is a significant lending gap for small and midsized businesses, also known as the “missing middle.” By offering a way to connect private capital to businesses that have
REALASSETS ADVISER | OCTOBER 2016 39

grown up past the startup phase — but are not big enough to finance themselves in the capital markets — that lending gap represents not only an investment opportunity but also the potential to create meaningful impact through “sustainable, responsible” companies committed to creating positive impact in their communities.
AROUND IN 20 COUNTRIES THE WORLD
Having spent her entire career in the investment management industry, Nelund says one of the important lessons learned while investing in any market is to not be a “fly-in” investor. In other words, you must have people on the ground in the country where you are investing. To that end, TriLinc spent two years searching out global investment manager partners with long track records of doing private debt in their markets and a willingness to partner with TriLinc in bringing private capital to responsible private companies that need capital to grow their businesses. Thanks to a proprietary system developed by TriLinc’s CIO (a global macro- investment specialist), TriLinc has been able to boil the world down to about 20 countries where economic fundamentals, legal systems and governments are strong, and where TriLinc has “feet on the ground” through its eight loan origination partners.
Nelund says one of her favorite activities is visiting the borrower companies in their home country. She is especially excited about investing in Africa, particularly the Sub-Saharan portion of the continent. The rule of law is getting stronger there, population growth is brisk, and the environment for foreign investment is strong.
“The people are amazing,” she says. “It’s just really favorable conditions for investing, and there’s tremendous need, so you can also have a big impact.” Regardless of which target company or country receives capital from the firm, Nelund emphasizes the most important aspect of their strategy is the discipline of their investment processes. As an institutional investor, first and foremost, she says, “you need to have a rigorous process that focuses on the proper balance between risk and return, which includes understanding the environmental, social and governance policies and practices of the company.
After you know you have a strong investment, then you can focus on the company’s intent to create positive, measurable impact in their community.” There are any number of positive impacts that companies can make — such as building a school, increasing agricultural productivity, career training and development, and so on. But, as Nelund explains, “the effect of financing small and midsized businesses is far greater than even those impacts that are measured and reported. Each business has a myriad of effects on its local economy. Economic stability starts first and foremost with a steady household income, so the significance of the jobs created and maintained by these businesses can’t be understated.” Further, unlike larger businesses with vast global networks of suppliers, small and mid-sized businesses tend to purchase inputs and supplies from other local businesses, which allows for the recycling of capital through the local economy, she adds. They also tend to serve their local market as they grow, and are able to reach economies of scale. They can achieve cost savings that they can pass on to consumers.
“In short, small and midsized businesses employ local workers, buy from local companies and serve local customers,” Nelund says. “Beyond that, they often build schools, provide community services and donate to local charities focused on serving local needs.” While the TriLinc team gets excited about the impact it is having in various communities, Nelund explains they also understand most investors are not willing to give up investment return to do good, meaning TriLinc must deliver nonconcessionary returns.
“That’s a founding principle of our firm,” she says, “and to achieve scale and create true systemic change, as an industry, we need to embrace that impact investments are, first and foremost, an investment.” In addition to proving that impact investors do not have to sacrifice, the firm is also committed to the mission of demonstrating the ability of capital markets to help solve the world’s most pressing socioeconomic and environmental problems.
THE IMPACT SURGE
The timing of Gloria Nelund’s aspirations appears to be good because impact investing is
TriLinc Global by the Numbers
2008 Year founded
Assets $214 million under management Funds $392 million invested since inception
97 Investors HNW individuals in holding and company families
Number 5,278 of investors in retail fund Number 19 of countries where invested
Nine Global partners partners in 20 countries 23 TriLinc team members
Manhattan Offices Beach, Calif. (headquarters) New Warwick, York R. City I.
40 REALASSETS ADVISER    | OCTOBER 2016

surging. During 2015 at least $15 billion was committed to more than 7,500 impact investments, and those numbers are accounted for by just the 150 or so respondents to the Annual Impact Investor Survey produced by the Global Impact Investing Network and sponsored by JP Morgan Chase.
Nelund says the impact investing trend is being driven by a trio of factors — Internet- based communication technologies that have connected world populations, the millennial generation and women investors. She points out world population has more
than doubled in her lifetime, from 3 billion people to about 7 billion people today, even as the planet’s vital natural resources have remained finite. What’s more, almost all that population growth has occurred in developing economies, rather than advanced ones. The problem, in part, is developing economies are less efficient in their use of resources. This has not been lost on the socially conscious. With social media creating viral concern globally, and women investors (who now control an estimated 60 percent of U.S. wealth) and the millennial
generation demanding more from business and its products and services, impact investing has become a bright, shining star.
“They’re basically saying, ‘I want investments that align with my values,’” she observes.
If all of Nelund’s aspirations for TriLinc Global come to pass, she might find herself back at the Yale Club feting her victorious executive team. Only this time, the walk home will presumably be a bit less eventful.
Mike Consol (m.consol@irei.com) is editor of Real Assets Adviser.
REALASSETS ADVISER | OCTOBER 2016 41