Opportunity Fund, the nation’s leading nonprofit small business lender, believes small dollar loans help hard-working entrepreneurs make lasting change in their own lives and build stronger communities by growing businesses and creating jobs


KeyBank provides deposit, lending, cash management and investment services to individuals and businesses in 15 states through a network of approximately 1,100 branches and more than 1,500 ATMs

How We Helped

Next Street structured a partnership between Opportunity Fund and KeyBank to expand Opportunity Fund’s existing trucking lending program into the state of New York, and provided end-to-end coverage to ensure successful execution of the deal. We supported both organizations with structuring terms, modeling financial performance and pricing, developing a go-to-market strategy (including regional customer acquisition strategy, loan loss reserve programs, and funding partners), and managing all partnership execution workstreams.

Our Impact

It is anticipated that the partnership will deploy $140M in trucking loans to owner-operators, many of who are minorities or low-income borrowers with limited access to responsible capital. Additionally, it will create jobs and generate economic activity through new spending, wages and tax revenues. Finally, by putting newer trucks on the road the program is expected to lower emissions and have a positive environmental benefit.

"This partnership in New York allows us to lend to small business owners and independent truckers seeking to build a better life for themselves and their families"

Opportunity Fund CEO Luz Urrutia

"Through this program we have a great opportunity to foster the growth of the trucking industry and New York’s economy by supporting these entrepreneurs"

Barb Smith, Business Banking Senior Vice President