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| Friday's ETF with Unusual Volume: RSPU
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| S&P 500 Analyst Moves: CTRA
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| On the Road Lending Announces Expansion into North Carolina
A typical On the Road Lending client will gain a financial benefit of more than $20,000 over the lifetime of the loan by avoiding $3,000 in fees, $7,000 in interest savings, $2,000 in repairs, and $3,500 in fuel savings-and gaining an asset with $5,000 in value at payoff. On the Road Lending has already impacted one North Carolinian, Arnett G. He struggled to expand his business beyond local events without a car. After receiving a vehicle loan, Arnett expanded his catering business, securing larger contracts and reaching new clientele city-wide. The vehicle opened doors for his business, brought an improved credit score and financial stability. Arnett purchased his vehicle through On the Road Lending and the Mission Driven Motors Program, which promotes accessible transportation in the Cape Fear region. "Having a reliable car is important because I can go wherever I want, and not have to rent a car due to unreliable transportation," said Arnett G. "This opportunity has given me options and the freedom to think about what I want to do next." Unlike traditional credit-based systems, On the Road Lending evaluates applicants based on their commitment, and future potential, providing a pathway to vehicle ownership for those who may face barriers in conventional financing. In 10 years, On the Road Lending has empowered more than 1,500 families with affordable loans. ON THE ROAD LENDING is a human empowerment initiative that provides vehicle selection assistance and long-term financial mentoring. OTR FUND I, LLC is an impact investment fund that provides affordable loans to clients of On the Road Lending. Investors include individuals, corporations, foundations and institutions that may earn an annual preferred return. OTR Fund I, LLC is a Community Development Financial Institution certified by the U.S. Department of the Treasury. Together, On the Road Lending and OTR Fund I, LLC provide financial advocacy and affordable loans to help individuals improve their credit, avoid predatory lenders and purchase fuel-efficient, reliable cars. Learn more at ontheroadlending.org. Read about our successful clients at ontheroadlending.org/clients. View source version on businesswire.com: https://www.businesswire.com/news/home/20240424446060/en/
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