Eleuterio has one other full-time employee who assists him in servicing many new and existing residential clients with their home improvement, remodeling and painting needs. Eleuterio meets the growing demand for his services but was in need of an additional laborer and equipment. Driving down the road, he saw a sign for Accion Texas Inc. and he knew this was the means to helping him take his business to the next level.
With the loan, Eleuterio will be able to build his assets by buying new tools such as paintbrushes, rollers, paint, nails, and power tools to complete the repairs and paint jobs his customers rely on him for every day. He also hopes to use these funds to bring on a new employee in the next few months.
Eleuterio says that without the loan from Accion Texas Inc., he would not have been able to grow his business or create new jobs.
LiftFund. (www.liftfund.com) is an award-winning nonprofit organization (previously known as Accion Texas) with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, LiftFund has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.liftfund.com.