Jesus has been in the trucking business for more than five years in Laredo, Texas. His company, Jesus R. Trucking, transports goods throughout and beyond the state of Texas. Jesus spends most of his nights on the road, but loves the openness of the road and his freedom.
One day, Jesus was discussing his business plans with a friend and active Accion Texas Inc. borrower. Jesus’ friend, Pedro, advised him to talk with an Accion representative and apply for a business loan. Jesus inquired and applied, and shortly afterward, Jesus was approved for a $5,450 Accion loan.
The loan went towards regular maintenance on his truck and additional capital for his trucking business. Jesus also saved a piece of the loan for future maintenance and an emergency fund for unexpected incidents.
For now, Jesus continues to deliver his goods and maintain his business. He does not plan to hire additional employees at the moment, but is considering it for the future.
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.