Newspaper Archive of
Hidalgo County Herald
Lordsburg, New Mexico
November 14, 2014     Hidalgo County Herald
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November 14, 2014

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HIDALGO COUNTY HERALD FRIDAY, NOVEMBER 14, 2014 SBDC "fl'S Loans offer quick, hie By ALFONSO RAMOS/Loan Of- ficer I, Acci6n New Mexico Presto Loans aren't magic... but they are quick and available to businesses with immediate needs. If your business needs quick cash in amounts up to $8000, you might be approved and funded in as little as an hour Small businesses in need of a quick, modest-sized loan often have little choice but to turn to high-cost, yet easy to agcess, al- ternative credit products. But New Mexico business borrowers have a neff option. Acci6n had long been look- ing for ways to speed up the pro- cess of making microloans to bor- rowers who don't qualify for loans from traditional lenders and need a relatively small amount of money to take advantage of a time-sensitive business opportu- nity. Acci6n also wanted to help businesses respond quickly when faced with an urgent need. Letters to the Editor UPCOMING EVENTS The Hidalgo County Herald urges readers to voice their opinions by writ- ing in. Letters can be mailed to 212 E. Mo- tel Drive, Ste. B, or can be e-mailed to hcherald@aznex .net. Letters should include ideas, viewpoints, criticism and news analysis that encourage discussion on issues that have an impact on the community. Facts must be annotated. Letters that contain information that cannot be easily verified, libelous statements or name calling will be rejected. Letters should be no longer than 250 words. An author may have a letter or guest opinion every 30 days. Onesided Madame Editor, I am writing in response to the front-page article about the lawsuit issued against Hidalgo County by Mr. Salazar. I know that these are frivolous and indeed libelous charges against Ed Kerr. People read the paper and expect the truth. When they read this lawsuit, they may assume that the charges are true, thereby hurting those involved in many ways. How can a person think that there is prejudice involved if the county manager was hired by these same commissioners for more salary than any previous county manager? All other issues against Mr. Kerr are also false. No, there must be another side to this story. And why print something that is not adjudicated and may do more harm than good in the long run. Lindy Kerr Animas it to small busi Almost a year ago, the non- profit lender began piloting quick-turnaround "Presto Loans" of $8,000 or less with interested applicants. The pilot project was a success -- with 285 loans total- ing $939,000 -- and Acci6n has recently cemented its offering of Presto Loans, moving toward a one-hour turnaround time from loan application to funding by the end of the year. Putting Technology to Work The Presto Loan works by using technological advances to streamline loan processing, ac- cording to Metta Smith, director of lending and client relations at Acci6n's Albuquerque office. "One of the things many of our clients value about working" with Acci6n is that we can be a relationship-based lender that gets to know a business" she said. Many business owners seeking an Acci6n loan have traditionally met with their loan officer in per- son, and up until now, Acci6n has processed all loan documents on paper or through a notary and scanning system if the client lives far from an Acci6n office. The organization still fol- lows that process with larger loans because of the greater risk involved. But 'for smaller loans, Smith said, it has grown increas- ingly important to offer a stream- lined, and in some cases, com- pletely online and electronic route to get a small loan quickly "It shouldn't take days to find out if you qualify for an $8,000 loan." Over the last year, Acci6n has invested in new systems to pro- cess Presto Loans in a more effi- cient way for the organization and the client, Smith said. "It saves time all around, for our staff, but more importantly, for the business owners we serve." Specifically, Acci6n is using digital data sources to verify cli- ent information rather than rely- ing on self-reporting and volumi- nous supporting documents. It uses scoring methods that con- sider how well clients pay utility and other recurring bills, not just how well they repay debt, and this eliminates layers of under- writing. "A huge subset'Of busit~ess owners don't have a credit is- tory," Smith said, because the in- dividuals conduct business in cash or are recent immigrants or young people without long bor- rowing histories. These are among the people Acci6n exists to serve. More Than Money ' Acci6n's year-end goal for its Presto Loans is to fund approved loans within an hour of receiving an application. The organization is closing in on that target, and Presented by the Rodeo Community Asgociation & Mixed Nuts. Novem 9 AM to 3 PM Holiday Gift Shopping Green Chile Stew uun :h ,loin us as we celebrate the seasons! Booth space available-S20 inside, $10 outside (must provide table) For reservations, call 575-557-1400 Hidalgo County ' New Mexico Press IIp Association Member Hidalgo County Herald (USPS 020697) is published weekly by Hidalgo CountyHerald in the City of Lordsburg, County of Hidalgo, 212 E Motel Drive, Suite B, Lordsburg, New Mexico 88045-1948, 52 issues a year Subscription rates vary Subscription rate is $40 per year by USPS mail, $25 per year by email. Requests for correc- tions and complaints concerning news and editorial content of the Hidalgo County Herald should be directed to the editor For further information on the Hidalgo County Herald's approved grievance policies, readers may contact the publisher Any unsolicited manu- scripts become the property of the Hidalgo County Herald and will Smith already sees evidence that clients like the shorter waits: Fewer clients are putting their application on hold, and Acci6n's loan approval rating jumped from 56 percent to 69 percent during six months of the pilot period compared to a previous six- month period, she said. Better still, Acci6n -- as a community development finan- cial institution -- gets a chance to help more entrepreneurs con- nect with community resources that can help them improve their money management and plan- ning and reduce the need for last- minute loans. "We want to get everyday entrepreneurs to a place," Smith said, "where they have easy access to affordable credit options that allow their business and their family to thrive financially." An archive of SBDC Busi- ness Reports can be found at http://www.grantcounty items For more information about Acci6n and the Presto Loan, you can attend a workshop Novem- ber 13 at the SBDC office. Acci6n's Lending Officer, Justin Hyde, will be presenting informa- tion to. help businesses. Joshua helps entrepreneurs access needed credit and services for their business, and develops com- munity relationships for Acci6n throughout the state of New Mexico. Justin earned a Bachelor's of Business Adminis= tration from Anderson School of Management 'at The University of New Mexico with a concentration in Entrepreneurial Studies. The main points of his pre- sentation at the workshop are be- low. Learn about the 5 C's of credit and what they mean for fi- nancing your business Understand the different sources of business financing and how best they fit with your busi- ness New Mexico specific re- sources and financing organiza- tions Call or emall the SBDC of- not be returned All information contained herein is copyrighted 2014 by the Hidalgo County Herald All photos/stories, unless stated, are written by our staff. POSTMASTER: Send address changes to Hidalgo County Herald, 212 E. Motel Drive, Suite B, Lordsburg, NM 88045- 1948. Periodicals Postage Paid at Lordsburg, New Mexico. PUBLIsHER/EDITOR: Brenda Hood ADVERTISING MANAGER: Glenda Greene PHONE: 575-542-8705 FAX: 575-542-8838 E-MAIL Pictured above is the City of Lordsburg's crew that participated in the Nov. 8 Pride Clean Up Day. Mayor Smith's City Corner...continued Continued from Page I New Mexico for the safety of the til the City asks them to clean up Hidalgo County and John and health and welfare of the citizens their property. Everyone has a re- Marsha Hill did the cooking, of Lordsburg. Crews will soon sponsibility to keep their prop- The City of Lordsburg con- begin cleaning alley's through- erty clean. Not only for the tinues the cleanup of our city. As out the city also. This takes time owner's safety, but also to reduce you drive around Lordsburg at as city crews have many other the liability of getting sued if different time you see city crews duties to address as well. someone gets hurt or sick from a demolishing old houses, sheds The City Council and I wish dirty, unsafe property. The City and other types of buildings, to thank you for caring about the of Lordsburg is willing to help Some of this is done at the request city you live in. We all want a each and everyone to get their of owners and others by the en- clean city. Most citizens agree, property in order. forcing the laws of the State of but there are a few who agree un- Continbed from Page 1 Zumba classes As part of the DTMS after school program, Zumba classes are being offered by certified in- structor Francis Paul in the DTMS Cafeteria Monday through Thursday at 5 and 6 p.m. The classes are for all levels of expe- rience. The classes are flee, but donations are accepted. K of C meetings The Lordsburg Knights of Columbus will be meeting on the fourth Sunday of each month at the St. Joseph's Parish Hall at 4:00 p.m. The meeting dates are November 23,'December 28, January 25, February 22, March 22, April 26, May 24, June 28 and July 26. Fit Camp fice to get more information about the wgrksh0P. Find out ': Cano at 575-542-2356. 24 Fit Camp, a boot camp style exercise group, is held Mon- day-Friday from 6 to 7 p.m. at the R.V.T. Cafeteria. The free classes are open to the public For more information contact Fabiola more about Acci6n by visiting Fuente de Vida Western New Mexico Fuente de Vida church, 1032 University's Small Business De- E. Motel Drive, holds services on velopment Center offers assis- Sundays at 11 AM and Wednes- tance to entrepreneurs who are days at 7 PM. All are welcome. starting a business or wanting to Walking group expand an existing business. These services are available at no A walking group will be cost. Call 538-6320 for an ap- meeting Mondays and Wednes- pointment with a business advi- days from 9 to 10 AM at the LHS sor, or email Football Field and on Tuesday The SBDC office is located in and Thursdays from 5 to 6 p.m. at W~tts Hall at .500 18th Street, at Southside Elementary School. the intersection of Swan and Sil- For more information call Fabiola ver Heights Blvd. An appoint- Cano 575-542-2356. ment at your office is available Water Aerobics by request. More information may be found at Active and Alive Water Aero- will be held at the Comfort index.html. Inn on Tuesdays and Thursdays Contact the SBDC office for from 9:30 to 10:30 a.m. For more more information about these information call Fabiola Cano workshops. 575-542-2356. November 13 - Financing Wednesday BibleStudy Your Small Business November 18 - Putting The Church of Christ (5~ & Mobile Devices to Work for Your Pyramid) has started Wednesday Business Bible study again at 1 p.m. The November 19 - Veterans study hour is open to men and Business Outreach Workshop - women. For more information Business Counseling for Veteran contact Karen McDonald at 575- Entrepreneurs and Those Who 313-5963 or Lindy Kerr at 575- 538-8446. Support Them In Loving Memory of Mark (Edward) VonAhsen Companion & Dad In loving memory of Mark Edward VonAhsen, who passed away Sunday, October 26, 2014 in Arizona. He will be missed by companion Mary Jane and son Gilber (Guero) Mesa and Ernie. Gone, but not forgotten. May he RIP. ove, Ju,na & Guer, Mesa & Literacy Program The Hidalgo County Lit- ~racy Program (HCLP) offers 1- to-l/class tutoring for basic read- ing, language, math and com- puter skills. HCLP also offers tu- toring in English Second Lan- guage (ESL) and pre-GED/GED prep. Office location is 317 E. 4=h St., Ste. B. Entrance to HCLP is located off the alley, second door to the right. Contact Program Di- rector, Sherri Arredondo at 575- ,313-7738 or 575-542-9407, email help@ Motel Dr in Lordsburg. To get a box, stop in anytime Monday through Friday from 8:30 am to 12 noon. For more information about this or other food programs in Hidalgo County, call Christy at 520-507-0455. Emergency food boxes Suicide prevention Suicide Prevention meetings are held the first Monday of each month at the Hidalgo Complex in Lordsburg at 7:00 p.m. The public is invited. AA/NA Meetings Step Aerobics Alcoholics Anonymous (AA) meetings are held on Wednesdays The Active and Alive Hot from 8-9 PM at 1036 E. Motel Steppers Aerobics class is held at Drive and Fridays at noon at La 6:15 PM at Central Elementary Frontera in Lordsburg. Narcotics School on Tuesday and Wednes- Anonymous (NA) meetings are day. For more information call held on Saturdays from 5:30-6:30 Fabiola Cano 575-542-2356. PM at the ~First Methodist g Church. For more information Line Dancin call 575.542.8115 or The Crooked Halos ad- 575.654.6698. vanced line dance group is meets at the Senior Citizens Center from 6:15 to 7:30 p.m. on Monday and The Hidalgo County Herald Thursday evenings. The Sassyis currently accepting photo~ of Sunflowers beginning lin6 dance veterans to be added to our exist- group is meets at the Senioring database of more than 300 Citizen's Center from 8:30 to photos. If you or your loved one 9:30 a.m. every Wednesday morn- was not included in the 2005 col- ing. Bring your water and come lection of photos, please bring join in the fun for some low im- your photo to the Herald on Mon- pact exercise, good music and days from 9 to 2 orTuesdays from fun! It's free and no experience is 9 to 5 p.m. You will also need to necessary. For more information provide'branch of armed forces call Fabiola Cano 575-542-2356. served and war or conflict the vet- eran served in, if applicable. If you are unsure whether or not the Emergency FoOd Boxes are photo is on file, call 575-542- available to families in need at 8705. La Frontera NM, located at 332 E Veteran photos 2008 Was $11,i 2008 4WD Loaded Was NOW $13,875 ry 657 ord Escape $1s,43 20.12 Ford Edge Super Clean LOADED Was $23,317 NOW $20,500 2001 Ford F-250 7.5 Diesel Retails $10,895 ONLY $6,875 Se rvice? We offer FMI employ-- speeial Weand offerDiscountsgreat ondealsoil Onchangestires, pri On ,:aad and brake repairs. e i les/ ........ Keep Your WILL any written deal to keep your business in Hidalgo County! 542-3551 412 E. Metel Drive, tordsburg, NM Come in and take a look at our full line of new Fords. If we don't have it we can get it. Freeport Employees: Ask about our Special Pricing on New Fords Check our our great selection of Tires at competitive prices!