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Results of our latest study: The numbers tell the tale
We grow training and employment and serve the common good
Using a unique outcome-based finance approach, we provide direct and indirect returns and advantages for all stakeholders.
We grow training enrollment/employment and fill empty seats - providing benefits in communities across the nation.
We have learned that fair returns for you are completely consistent with the social good.
We followed the truck driver trainees we’ve financed over three years
The numbers tell the tale:
- Average annual increase in earnings: 114%
- Average amount of financing per trainee: $5 - 6K
- Average increase in training enrollment: 23%
- % unemployed at time of financing: 18%
- % under-employed at time of financing: 41%
- % who were fully employed after training: 99%
- Average employer retention after 1 year: 98%
- Median tenure at year 3: 2.8 years
- % whose financing is repaid by employer reimbursement: 86%
- % who reported no health benefits at time of financing: 54%
- % reporting full benefits 90 days after training: 97%
And there's more: Enhanced skills, earnings and employment correlate to increased home ownership, increased family stability, better health outcomes, increased educational performance for dependent children.
Learn more about how we develop programs and measure social impact: Click here...
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Become more than your mission
Whether you are an employer, a school, a training facility, or non-profit career organization, CDL Advantage will help you expand your reach and impact.
CDL Advantage expands access to credit for trainees and delivers social impact to your organization and to the communities and stakeholders you serve. This is life-changing economic opportunity for the under-served. Changing an industry and changing lives!