A loan of $5,575 helped building credit and meeting general operational expenses.

Adrian's story

Adrian S. and his family own Wing Shack, a family restaurant providing chicken wings, burgers, salads and more. Born and raised in El Paso, Texas, Adrian has worked in restaurants since he was 14 years old. When he decided to start a business, it made sense he start in an industry he already knew. Adrian and his brother manage Wing Shack, with Adrian running restaurant operations and his brother in charge of finances.

Adrian and his brother have had a hand in every aspect of Wing Shack from the beginning. Wing Shack’s menu is their own creation with their own recipes. They bought an existing building and renovated it to fit the restaurant’s needs. They personally painted and remodeled the inside, and actually built the restaurant bar themselves.

Adrian heard of ACCION Texas-Louisiana through the local Hispanic Chamber of Commerce, after his bank denied him a loan. Adrian’s primary objective with this loan is to build credit. This is the first loan Adrian has received for Wing Shack, having to this point relied on his own capital and loans from friends. By building credit through this loan, Adrian will be able to qualify for greater financing in the future, if and when the need arises.

Since Wing Shack opened in March, 2010, it has consistently had strong sales. The problem is that expenses sometimes have the money going out as quickly as it comes in. When bills come in at once, it temporarily puts stress on cash flow. The additional cushion this loan provides will ensure they have enough money to meet monthly operating costs.

Adrian says, right now, his life is the business. Down the road, Adrian would like to open a second Wing Shack in El Paso’s western half, and possibly someday make it a franchise. Adrian warns other business owners not to cut corners, and to properly insure their business. Recently, there was an ice storm in El Paso that forced Wing Shack to close for three days. Thankfully, the losses Wing Shack incurred are covered in its insurance policy.

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Loan details