Elevate to Give Away 100 Bikes to Celebrate Its Pro Cycling Team’s Successes
August 17 2017 - 11:07AM
Business Wire
- Podium finishes at major races in
Colorado and Utah for second-year pro racing team
- Bike giveaway aimed at health,
self-reliance among underprivileged kids
Elevate Credit, Inc. (“Elevate”), a leading tech-enabled
provider of innovative and responsible online credit solutions for
non-prime consumers, today announced it is donating 100 KHS Free
Agent bikes to local schoolchildren to celebrate its pro cycling
team’s successes, including podium (top three) stage finishes this
month at the Tour of Utah and the Colorado Classic, both of which
are major achievements for the second-year pro team.
“We couldn’t be prouder of our team, especially given the other
world-class cyclists participating in these events,” said Ken Rees,
CEO of Elevate. “We are also proud of our participation in a sport
that promotes health, teamwork and self-reliance, which are all
important to underprivileged youth. Our mission as a company is to
help people become self-reliant financially, and we are also very
focused as a company on health and teamwork.”
The Elevate KHS Pro Cycling Team – in only its second year in
the professional ranks – finished the highly regarded Tour of Utah
cycling event with a 5th team general classification, one second
place stage finish (Alfredo Rodriguez), one third place stage
finish (James Piccoli), a 10th general classification (Piccoli) and
one fan favorite climber’s jersey (Piccoli). At the Colorado
Classic, the team scored one third place stage finish (Rodriguez),
beating out – among others – 2017 Tour de France runner up
Rigoberto Uran. Given its performance, the team has now been
invited to the prestigious Tour of Alberta in September.
The KHS bike giveaway comes in conjunction with Elevate’s
sponsorship of the Tarrant Area Food Bank’s Gear Up to End Hunger
ride on Sept. 30 and Oct. 1 in Fort Worth. The Food Bank will
distribute bikes through its local network. The giveaway is also
inspired by Fort Worth Mayor Betsy Price’s “Bike FW” and “Fit
Worth” campaigns, which promote biking as a way to improve health
in the community. Price’s Bike FW plan hopes to triple bicycle
commuting, decrease bicyclist related crashes and attain for Fort
Worth designation as a Bicycle Friendly Community through the
League of American Bicyclists. Fit Worth is aimed at improving
childhood health in the community.
Elevate’s focus on health includes offering free healthy
breakfast for all employees daily, subsidized healthy lunches, and
a voucher for each employee to purchase a bicycle (up to $500).
Elevate has supported the Tarrant Area Food Bank since the
company’s creation in 2014. It has also sponsored local amateur
men’s and women’s cycling teams since 2014.
About Elevate
Elevate Credit, Inc. (NYSE: ELVT) has originated $4.5 billion in
credit to more than 1.7 million non-prime consumers to date. Its
responsible, tech-enabled online credit solutions provide immediate
relief to customers today and help them build a brighter financial
future. The Company is committed to rewarding borrowers’ good
financial behavior with features like interest rates that can go
down over time, free financial training and free credit monitoring.
Elevate’s suite of groundbreaking credit products includes RISE,
Elastic and Sunny. For more information, please visit
http://www.elevate.com.
Follow Elevate:Twitter: @elevatecreditFacebook:
facebook.com/ElevateCreditLinkedIn:
linkedin.com/company/elevate-credit
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version on businesswire.com: http://www.businesswire.com/news/home/20170817005691/en/
Investor Relations:Solebury CommunicationsSloan Bohlen,
817-928-1646investors@elevate.comorMedia
Inquiries:VestedIshviene Arora,
917-765-8720elevate@fullyvested.com
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