ALOAN Mortgage LLC Diversifies into Truck Wheel Supply, Leveraging Financial Expertise for Supply Chain Efficiency

Katy, TX – October 26, 2023 – ALOAN Mortgage LLC, a trusted name in financial solutions based in Katy, Texas, today announced a surprising but strategic expansion into the supply of truck wheels. While traditionally focused on mortgage lending, ALOAN is leveraging its core competencies in financial analysis, risk management, and logistics to address current supply chain challenges within the trucking industry. “It might seem like a jump, right?” says John Davis, CEO of ALOAN Mortgage LLC. “But when you look closely, it actually makes a lot of sense. We’re really good at understanding markets, managing finances, and making sure things run smoothly. Those skills are totally transferable to getting the right truck wheels to the people who need them, when they need them.” Addressing a Critical Need in the Trucking Industry The trucking industry, the backbone of the US economy, has been facing persistent challenges over the past few years. Supply chain disruptions, increased demand, and inflationary pressures have led to shortages and price increases for essential components like truck wheels. This impacts everything from long-haul freight to local deliveries, ultimately affecting consumers. ALOAN Mortgage LLC recognized this pain point and saw an opportunity to apply its financial expertise to streamline the sourcing and distribution of truck wheels. “We noticed a real gap in the market,” explains Sarah Miller, Head of Operations at ALOAN. “Trucking companies were struggling to get reliable supply of quality wheels at reasonable prices. We figured, we can help fix that.” ALOAN’s Approach: Financial Strength Meets Supply Chain Solutions So, how is a mortgage company getting into the truck wheel business? It’s not about making the wheels, but about making sure they get to the right place, at the right price. ALOAN isn’t setting up a manufacturing plant; instead, they're focusing on building strong relationships with reputable wheel manufacturers, securing favorable pricing, and managing the logistics of getting those wheels into the hands of trucking companies and repair shops. “Our financial strength allows us to offer competitive terms to manufacturers and, importantly, to extend flexible payment options to our customers,” says Davis. “We can finance wheel purchases, giving trucking companies the ability to keep their fleets running without a huge upfront cash outlay.” What kind of truck wheels are we talking about? ALOAN Mortgage LLC is focusing on a comprehensive range of truck wheels to meet the diverse needs of the industry. This includes: Steel Wheels: The workhorse of the trucking industry, ALOAN offers durable and reliable steel wheels in a variety of sizes and load ratings. These are ideal for everyday hauling and long-distance travel. Aluminum Wheels: For those looking to reduce weight and improve fuel efficiency, ALOAN provides a selection of high-quality aluminum wheels. These wheels offer a sleek look and can contribute to significant cost savings over time. Dual Wheels: Catering to heavy-duty applications, ALOAN stocks robust dual wheels designed to handle maximum loads and ensure stability. Chrome Wheels: For owner-operators and those wanting to add a touch of style, ALOAN offers polished chrome wheels that enhance the appearance of any truck. Demountable Wheels: Offering quick and easy tire changes, ALOAN's demountable wheels are perfect for minimizing downtime and keeping trucks on the road. Trailer Wheels: Catering to trailer maintenance needs, ALOAN provides a variety of sizes and load ratings of trailer wheels. Custom Wheel Solutions: ALOAN also provides custom wheel configurations and options for specific needs. More Than Just Wheels: A Commitment to Service ALOAN isn't just about moving product. They're aiming to build long-term relationships with their customers by providing exceptional service. This includes: Fast and Reliable Shipping: ALOAN is partnering with established logistics providers to ensure quick and efficient delivery across the United States. Competitive Pricing: Leveraging its financial strength, ALOAN is committed to offering competitive pricing on all of its truck wheels. Expert Support: A dedicated team of specialists is available to answer questions and help customers find the right wheels for their needs. Financing Options: ALOAN's unique financial capabilities allow it to offer flexible financing options to qualified customers. Inventory Management Solutions: Assisting businesses with maintaining optimum wheel inventory levels. “We understand that downtime is costly for trucking companies,” says Miller. “That’s why we’re focused on providing fast, reliable service and getting wheels to our customers as quickly as possible.” A Bold Move, But One Built on Solid Ground ALOAN Mortgage LLC’s decision to enter the truck wheel market may raise eyebrows, but it’s a strategic move built on the company’s core strengths. By combining financial expertise with a commitment to service, ALOAN is positioning itself as a valuable partner to the trucking industry, offering a solution to a critical supply chain challenge. “We’re confident that this diversification will benefit both our company and the trucking industry as a whole,” says Davis. “We’re excited to bring our financial know-how and commitment to service to a new market.” About ALOAN Mortgage LLC: ALOAN Mortgage LLC is a full-service mortgage lender based in Katy, Texas. Committed to providing innovative financial solutions, ALOAN is now expanding its reach into the truck wheel supply chain, leveraging its expertise to meet the needs of the trucking industry. Contact: John Davis CEO, ALOAN Mortgage LLC 21777 Merchants Way # 340B Katy, TX 77449-6883 214-563-4858 [website address - to be added]