There are 36 million people with mobility limitations in the U.S., many of which have been denied access to mainstream financial institutions. Mobility Trust Group, founded by Craig Baker, is purposely dedicated to serving these unmet needs.
Baker’s journey began with a commitment to create change and support those around him. Early on, he joined his father’s finance company and transformed it into a nationally recognized federal savings bank. He pioneered programs that brought essential financial services to the underserved Latino community – enabling hundreds of thousands access to banking services for the first time in histroy — a critical step toward inclusivity that highlighted the powerful impact a business can have.
Baker’s sense of purpose took a profound turn when a colleague and mentor close to him had a catastrophic accident and became disabled. He witnessed firsthand the physical barriers she faced, from navigating inaccessible spaces to the steep costs of assistive equipment. His awareness of these struggles deepened, sparking a new realization: the same financial barriers he worked to break down in the Latino community were equally daunting for individuals with disabilities, often leaving them without viable options for crucial, life-enhancing tools.
This understanding drove Baker to a new mission. He turned his finance expertise toward a greater purpose—founding Mobility Trust Group to bridge the gap for individuals who couldn’t access the support of traditional banks. Mobility Trust Group would specialize in financing essential assistive technologies, from wheelchair-accessible vehicles and home modifications to power chairs and specialized mobility aids. Through this unique model, people could afford high-quality equipment and modifications, without the burden of upfront costs, opening doors to independence and dignity that might otherwise remain closed.
Today, Mobility Trust Group is more than a business; it’s a movement built on empathy, understanding, and a deep commitment to its customers. Mobility Trust is a B Corporation, a certification that distinguishes companies that meet high standards of social and environmental impact, alongside their business goals. Mobility Trust’s servicing affiliate is an Emerging Community Development Financial Institution (CDFI) which recognizes organizations dedicated to serving the needs of marginalized communities.
Baker’s vision goes beyond financing assistive technology—his team at Mobility Trust is dedicated to offering holistic support that empowers each customer.
After securing the right equipment, Mobility Trust verifies training and maintenance procedures to ensure customers are confident and comfortable with their new tools. Mobility Trust plays a proactive role in financial counseling, helping customers understand their credit profiles and guiding them through the loan process to set them up for long-term success.
The team is deeply invested in each customer’s journey, offering disability-focused content, resources, and specialized support to help individuals navigate the complexities of accessible financing and maintain a positive relationship with their credit. This approach, combining technical guidance with financial education, makes Mobility Trust Group an invaluable partner for its customers, providing not only access to essential resources but also the tools to build financial health and stability.
“Given that people with disabilities typically earn less and face higher living costs, including the need for specialized equipment, securing financing is especially challenging. Our loan products are designed to comprehensively serve this underserved, high-impact market.” In this way, Mobility Trust is more than a lender—it’s a trusted guide, empowering individuals to experience the transformative impact of accessible technology and financial well-being.
The U.S. market for mobility aids, including vans and other assistive products, is valued at approximately $31 billion annually (MarkWide Research, 2024; Insight Partners, 2024; Verified Market Research, 2024; Precedence Research, 2024; Future Market Insights, 2024; Cognitive Market Research, 2024; CRT – Virtue Market Research, 2023; Mobility Management, 2024; Fortune Business Insights, 2024; BloombergNEF, 2023; Allied Market Research, 2024; Grand View Research, 2024; Markets and Markets, 2024). This market is projected to grow rapidly in the coming years, driven by several key factors, including the aging population and advances in healthcare. According to the Centers for Disease Control and Prevention (CDC), around 61 million adults in the U.S. live with some form of disability, meaning more than one in four adults is affected. The primary driver of this demand for assistive technology is the aging population. With 71.6 million Baby Boomers now entering or already over 65, and the U.S. Census Bureau projecting that 88 million people will be 65+ by 2050, it’s estimated that around 35% of this group will experience mobility limitations. This demographic shift presents a growing market, driving strong demand for Mobility Trust Group’s specialized financial services.
We invite investors who are not only seeking market returns but are also passionate about making a tangible difference. As we continue to expand and support this vital market, we encourage mission-driven investors to join us in building a future where accessible technology is within reach for everyone. Together, we can create lasting change, driving both financial growth and social good.
