In the News

Maria Rios needed two trucks to start her solid waste removal and recycling company in 1997. She had savings, but not enough to cover the half-million dollars needed for a roll-off truck and a front-loading truck. Bank financing, she said, was essential for starting and growing her business to where it is today, with 34 trucks and 48 employees.
"If I wouldn't have got the credit granted," said Rios, president and CEO of Nation Waste, "then I could never have this business."
Rios' success running Houston-based Nation Waste earned her the distinction three years ago of being named one of Fortune magazine's Most Powerful Women Entrepreneurs. Goldman Sachs later named her among its 100 Most Intriguing Entrepreneurs.
As more Hispanics open their own businesses across the U.S., they are also becoming "more business savvy and also money savvy," the head of the Houston Hispanic Chamber of Commerce said Tuesday. But many remain hesitant to approach banks, other lenders and investors.
"Do not be afraid. Ask for those resources," chamber president Laura Murillo told a room full of Hispanic entrepreneurs Tuesday. "And as Latinos, we don't ask because we don't want someone to tell us no."
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