Kyle lives in a rural area where he began a business cleaning equipment and water reclaiming systems for petrochemical businesses. When he began Ambassador Trucking & Commercial Services, LLC five years ago, there was only one other similar business – Kyle recognized the need and began his business.
The business began with investments from Kyle, his family, and friends. As the business expanded, Kyle returned to the nonprofit organization who aided him the first time he needed financial assistance. Again, Accion Texas Inc. loaned to Kyle to further help his community. With his $5,450 loan, Kyle purchased a van and water reclaiming system which allows him to save more water and secure more cleaning jobs.
Kyle says without the loan, he would not have been able to take on larger jobs, which would have decreased the amount of income received. He also sustained one full-time employee keeping his three-member team complete.
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.