
ALOAN Mortgage Shifts Gears into Truck Wheel Distribution, Leveraging Financial Expertise for Competitive Pricing
Katy, TX – October 26, 2023 – ALOAN Mortgage LLC, a leading mortgage lender based in Katy, Texas, today announced a surprising, yet strategic, expansion into the distribution of truck wheels. While traditionally focused on helping customers finance their dreams of homeownership, ALOAN is now bringing its financial acumen and logistical capabilities to the automotive aftermarket, offering competitive pricing and reliable supply of high-quality truck wheels. “Yeah, it might seem a little different for a mortgage company,” says David Miller, CEO of ALOAN Mortgage LLC. “But honestly, we’re really good at managing capital and building strong relationships with suppliers. We saw a real opportunity in the truck wheel market – a lot of folks needing wheels, and a chance for us to use our skills in a new way. We’re all about finding smart solutions, whether it’s getting you a loan or getting your truck looking good.” From Mortgages to Metal: A Smart Diversification ALOAN Mortgage, established in 2010, has built a solid reputation for providing tailored mortgage solutions to clients across the United States. The company prides itself on its customer-centric approach, competitive rates, and streamlined application process. This same dedication to quality and value is now being extended to its new truck wheel venture. “We've always been about finding the best deals for our customers,” explains Sarah Chen, ALOAN’s Head of Operations, who is spearheading the wheel distribution initiative. “With the current economic climate, folks are looking to save money wherever they can. Truck wheels are something people need to replace, especially with all the driving everyone’s doing. We figured, why not use our financial resources to source quality wheels at great prices?” What’s Driving This Shift? The decision to enter the truck wheel market wasn’t made lightly. ALOAN conducted extensive market research and identified a significant demand for competitively priced, durable truck wheels. They also realized they could leverage their existing financial infrastructure – things like supply chain financing and strong banking relationships – to gain an advantage over traditional wheel distributors. “We’re not just slapping a label on someone else’s wheels,” clarifies Miller. “We’ve built relationships directly with manufacturers, negotiated favorable terms, and are managing the entire import and distribution process ourselves. This lets us control quality and, most importantly, keep prices down.” What Kinds of Wheels Are We Talking About? ALOAN Mortgage is currently stocking a wide range of truck wheels, catering to various makes and models. This includes: Steel Wheels: The workhorse of the trucking world – durable, reliable, and affordable. ALOAN is offering a variety of sizes and bolt patterns to fit most popular trucks. “These are for the guys who actually use their trucks,” says Chen. “Hauling, working, getting the job done. They need something tough.” Alloy Wheels: For those looking to add a touch of style and improve performance. ALOAN’s alloy wheel selection includes a range of finishes and designs. “We’ve got some really sleek looking alloys that’ll turn heads,” adds Chen. “But they’re not just about looks – they’re lighter weight, which can improve fuel efficiency and handling.” Off-Road Wheels: Built for adventure, these wheels are designed to withstand the rigors of off-road driving. ALOAN offers a selection of rugged, durable off-road wheels in various sizes and finishes. “If you’re hitting the trails, you need wheels that can handle the abuse,” Miller explains. “Our off-road wheels are built to last.” Chrome Wheels: For those who want to make a statement. ALOAN’s chrome wheel selection includes a variety of styles and sizes. “We’ve got the bling for those who want it,” Chen laughs. Why Choose ALOAN for Your Truck Wheel Needs? ALOAN Mortgage believes it can offer several advantages to customers looking for truck wheels: Competitive Pricing: Leveraging its financial expertise and direct relationships with manufacturers, ALOAN is committed to offering some of the most competitive prices on the market. "We're cutting out the middleman and passing the savings on to our customers," says Miller. Wide Selection: ALOAN offers a diverse range of truck wheels to fit most makes and models, ensuring customers can find the perfect fit for their vehicle. Fast Shipping: ALOAN has established a robust logistics network to ensure fast and reliable shipping throughout the United States. Exceptional Customer Service: ALOAN’s commitment to customer satisfaction is unwavering. Their team is dedicated to providing prompt and helpful support to ensure a smooth and hassle-free experience. "We treat our wheel customers just like our mortgage customers," says Chen. "We're here to help, every step of the way." Financing Options: Yes, you read that right. ALOAN Mortgage is exploring offering financing options for wheel purchases. "We're a mortgage company at heart," Miller explains. "We know a thing or two about financing. We're looking into ways to make wheel purchases even more accessible." Looking Ahead ALOAN Mortgage sees its entry into the truck wheel market as a long-term investment. They plan to expand their product line to include other truck accessories and parts in the future. “This is just the beginning,” says Miller. “We’re a company that’s always looking for new opportunities. We believe we can bring something unique to the truck wheel market, and we’re excited to see where this takes us.” Contact: ALOAN Mortgage LLC 21777 Merchants Way #340B Katy, TX 77449-6883 Phone: 214-563-4858 Website: [website address to be determined] (currently focusing on mortgage services)