Velocity Mortgage Capital’s community outreach group continued its efforts to give back to local communities by collaborating with United Way (UW) of Bucks County in Pennsylvania. Velocity Volunteers from the Pennsylvania office donated over 150 items in school supplies as part of United Way’s “Stuff the Bus” back-to-school drive. 

The “Stuff the Bus” campaign which originally started in 2010 kicked off on July 15. Their mission was to help lower-income households who may be struggling to make ends meet with basic school necessities for their children. Their goal was to fill 3,500 backpacks with school supplies donated by various companies and organizations including Velocity Mortgage Capital. 

According to the National Retailers Federation, the average family will spend almost $700 per child in school supplies. This includes clothes, shoes and other necessities needed for school. Unfortunately, this expense could overburden some of the local families who may be struggling or experiencing a rough patch. This yearly drive helps ensure that every child has what they need before returning to school.

Velocity Volunteer, Lori Young, who reached out to the United Way of Bucks County on this project said, “This was an easy way to get our Velocity employees involved in the community. Everyone remembers what it was like to get new school supplies so everyone who donated understood the importance of supporting this project.” For United Way, “Stuff the Bus” was simply another means to help bridge the financial gap for low-income families. The “backpack-a-thon” will conclude on August 22^nd and all donated items will be distributed to children in need.

United Way of Bucks County provides many ways for the local community to support their cause. Velocity Volunteers was proud to take part in such an impactful event and encourages others to get involved with their local chapter.

About United Way of Bucks County

United Way has partnered with various companies, government agencies, nonprofits, and other organizations to address complex challenges on a worldwide scale. Their mission is to improve the lives of those in their local community as well as work together with diverse partners to advance the common good.  (More…)

About Velocity Mortgage Capital

Since 2004, Velocity Mortgage Capital has funded over $3.2 billion in investment and commercial property loans. By focusing more on the property’s value and revenue-generating potential rather than the borrower’s personal income and credit, our asset-based investment property loans enable brokers to meet the unique needs of real estate investors who are tough to qualify, including W-2 employees, self-employed entrepreneurs, and small business owners. Velocity’s financing programs range from temporary, short-term, credit repair and fix-and-flip programs to 30-year, fully amortizing mortgages with flexible terms to meet the diverse needs of real estate investors. Because every borrower, even the extraordinary ones, deserves an opportunity.

Press Contact:
Michael Oddi, Chief Marketing Officer
Velocity Mortgage Capital
818.338.9780