Today's Date: May 28, 2024
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $600,000 FOR CHILDREN'S MIRACLE NETWORK HOSPITALS®   •   Skillsoft to Report First Quarter Fiscal 2025 Financial Results on June 10   •   Labrador Island Link Welcomes New Investor   •   Solis Mammography Announces Acquisition of MUSIC Imaging Center in Gainesville, Florida   •   Walmart Supports Northwest Arkansas Community Following Severe Storms   •   Middle Bucks Students Celebrate Ten Years of Philanthropy Today   •   Ventas Issues Business Update   •   Melmark President and CEO Receives National Leadership Award   •   Meijer to Open First Grocery Format Store in Indiana on July 11 in Noblesville   •   Extending a paw: Coach Dabo Swinney helps deliver My Special Aflac Duck® to children ahead of the Aflac Kickoff Game   •   Worcester Polytechnic Institute Honored by Two Highly Esteemed Awards Celebrating Project-Based Learning   •   Sallie Mae CFO to Speak at Morgan Stanley U.S. Financials, Payments, and CRE Conference   •   Global SOS: Urgent Call to Revamp Pandemic Negotiations   •   Riverside Community Wellness Center graduates its first 24/7 Dads cohort   •   T-Mobile to Acquire UScellular Wireless Operations and Deliver Exceptional Value, a Superior 5G Experience and Unparalleled Bene   •   LA Pride Takes Over Universal Studios Hollywood on Saturday June 15 for "Pride is Universal" and Announces Talent from RuPaul's   •   PowerSchool to Participate in Upcoming Investor Conferences   •   Water Recycling in Southern California Gets Major Funding Boost From Federal Government   •   Working with Young Canadians to build a better, fairer future   •   The call for applications for the 2024-2025 Price McIntosh Bursary is open
Bookmark and Share

On the Road Lending Announces Expansion into North Carolina

RALEIGH, N.C. , April 24 /Businesswire/ - On the Road Lending, a nonprofit organization that launched in Dallas in 2013 to provide life-changing car loans, is expanding into North Carolina. They are partnering with Cape Fear Collective and Kingdom Cars to make their move as seamless as possible, working with established local businesses. This expansion marks a significant milestone for the organization, as it continues its mission to empower individuals and families with limited financial resources to secure reliable transportation, fostering economic independence and stability.

“We are thrilled to bring our auto lending program to North Carolina,” said Michelle Corson, On the Road Lending’s founder and CEO. “Everyone deserves access to reliable transportation – with this expansion we are making a difference in the lives of more people with the ‘keys’ to a better future.”

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 Read about our successful clients at

STORY TAGS: United States, North America, Other Consumer, Automotive, Finance, General Automotive, Banking, Professional Services, Philanthropy, Social Services, Consumer, Foundation, Nonprofit, Product/Service, North Carolina, Texas,


White House Live Stream
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Sounds Make the News ®
Atlanta - WAOK-Urban
Berkley / San Francisco - KPFA-Progressive
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
Washington - WOL-Urban

Listen to United Natiosns News