A loan of $5,250 helped to meet his payroll, pay his mortgage and have working capital until tax season.

Gilberto's story

For 22 years, Gilberto operated O. Real Estate & Tax Service in Lubbock, Texas. He moved to San Antonio in 2008 where he continues his work as a real estate broker and tax preparer.

Currently, Gilberto has one employee, his son, who is learning his father’s tax preparation and real estate sales trade.

Though there are many tax preparation services in San Antonio, some only a couple of miles from his own office, Gilberto says his two decades of experience sets him apart from others.

Gilberto graduated from Texas Tech University with a business degree in 1968. Upon graduation he worked for Montgomery Ward, then as a car salesman, and later as a door-to-door salesman.

After attending a tax preparation seminar at H&R Block where he learned to prepare taxes, he began doing his and his family’s taxes and received his license from the IRS to prepare taxes. From there, Gilberto decided to open his own business. "I wanted to be on my own. I didn’t want to be working for somebody else," he said.

This is Gilberto’s second Accion Texas loan. He plans to use it for working capital, mortgage payments and payroll expenses until tax season. "Without the loan, I would have run out of money unless I made a quick commission, but I don’t have any pending contracts and need to pay utilities, my employee, and mortgage payments for my business," he said.

The loan will help Gilberto’s business for the upcoming months, but his next step is to work with his son on establishing a website after 2013’s tax season.

Loan details

Lenders and lending teams

Loan details