Bust a Nut is a snacking hotspot at one of the largest swap meets in Southern California. When owner Hector Sandoval needed to purchase a trailer for his roasted nuts business, Opportunity Fund was there to help with our fast, easy-to-get, and affordable small business loans.

 

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Bust a Nut is a snacking hotspot at one of the largest swap meets in Southern California. When owner Hector Sandoval needed to purchase a trailer for his roasted nuts business, Opportunity Fund was there to help with our fast, easy-to-get, and affordable small business loans.

A Breakout Success

Hector Sandoval started Bust a Nut, his roasted peanut cart, in 2012. Hector takes his cart to the Vineland Swap Meet in La Puente, Calif. six days a week to sell fresh roasted peanuts. The well known swap meet has been a major key in Bust a Nut’s success, with large crowds every weekend and entertainment like live music every day.

Hector took his chance to become an entrepreneur following the latest recession. After working in road construction for several years with opportunities dwindling, he chose to go into business for himself.

“I was always interested in selling,” Hector said. “I picked this business because not many people do what I do in mobile food.”

Hector buys raw peanuts in bulk and roasts them on the spot at his nut cart. The fresh, hot peanuts are a huge hit at every stop he makes: the swap meet and church events, where he donates all profits to his church.

Bust a Nut was a success from the start, but Hector still had some roadblocks to growth. “When I started roasting peanuts I had a lot of problems with the health department,” he said. “They required me to build a trailer and put my machines inside the trailer. It was a huge project.”

Primed for Growth

The new direction for Bust a Nut was difficult for Hector to handle alone. “It was too much for me to afford all at once,” he said.

Working with Kareem Carts helped Hector what he needed: a new trailer for his business and a financing connection. Our mobile food vehicle partner Kareem Carts connected Hector to Opportunity Fund loan consultant Salvador Lopez, who helped close a $26,000 loan for the trailer purchase in November 2013.

Hector - Bust a Nut

Our small business loans helped Hector upgrade his roasted nut business (photo courtesy of Michael Microulis)

“Salvador made everything easy,” Hector said. “There was never any pressure to get into a loan. Salvador explained everything and the terms were reasonable.”

With the new trailer, Bust a Nut can go anywhere and do anything. Hector is planning to purchase a second trailer to travel to special events around Los Angeles and hire help to run the new trailer.

“I’m nothing but grateful for Opportunity Fund for giving me that kick start I needed,” he said.

We’re happy to support entrepreneurs like Hector and we’re proud to watch his business grow.


We hope this story has inspired you, too.  At Opportunity Fund, we offer easy-to-get, fast, and affordable small business loans to help small business owners succeed.  Visit our home page to find out more.

Opportunity Fund is tackling economic inequality so that hard work and perseverance means a shot at getting ahead, not just struggling to get by. Our programs are supported by a community of donors and investors whose contributions help to fund small businesses, support college students, and build stronger families and vibrant neighborhoods. Since 1994, the team has deployed $600 million and helped 20,000 families earn, save and invest in their own futures. Opportunity Fund has earned a 4-star rating from Charity Navigator, America’s largest independent charity evaluator, for our commitment to accountability and transparency.

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