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Porsha Brooks

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Helping someone get a startup SBA loan to open their first business, add innovation to the world, create jobs, and boost the global economy is more fulfilling than I could've imagined. My name is Porsha, and I'm the CEO of LenPick. At LenPick, we offer a Startup SBA Approval Program to help you get an SBA in 8 weeks by making sure you meet all the necessary requirements, including helping you create an air-tight business plan and financial projections. ๐Ÿ”ถ FAQs ๐Ÿ”ถ ๐–๐ก๐š๐ญ ๐ข๐ฌ ๐š ๐ฌ๐ญ๐š๐ซ๐ญ๐ฎ๐ฉ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ? โžœ Businesses under 2 years old AND โžœ Businesses that have filed less than 2 years of business tax returns OR โžœ Businesses that are pre-revenue ๐–๐ก๐š๐ญ ๐ข๐ฌ ๐š๐ง ๐’๐๐€ ๐ฅ๐จ๐š๐ง? Business loans given out banks and other types of lenders all across the USA. The government backs these loans so lenders donโ€™t lose all of their money if you were to default. We assist with SBA 7A loans, and SBA CA loans. The difference is, CA loans usually come with higher interest rates (12-13.5%), but are easier to get approved for. ๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ ๐ž๐ญ ๐Ÿ๐ฎ๐ง๐๐ž๐? โ˜‘ First: Weโ€™ll do is an assessment to determine what you qualify for. โ˜‘ Second: Weโ€™ll start preparing your file for our lenders. Weโ€™ll help you create the business plan & financial projections needed to get you approved. โ˜‘ Third: Weโ€™ll provide you with up to 3 term sheets to review, then youโ€™ll let us know which lender you want to move forward with for funding. ๐Œ๐ฒ ๐œ๐ซ๐ž๐๐ข๐ญ ๐ฌ๐œ๐จ๐ซ๐ž ๐ข๐ฌ ๐ฅ๐จ๐ฐ๐ž๐ซ ๐ญ๐ก๐š๐ง ๐Ÿ”๐Ÿ๐Ÿ“, ๐œ๐š๐ง ๐ฒ๐จ๐ฎ ๐ก๐ž๐ฅ๐ฉ ๐ฆ๐ž? The SBA does not have a minimum credit score, but many of our lenders set theirs at 625. However, if your score is lower than 625 because of credit card utilization, or negative items older than 6 months we may be able to make an exception. ๐ˆ ๐๐จ๐งโ€™๐ญ ๐ก๐š๐ฏ๐ž ๐š๐ง๐ฒ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐œ๐ซ๐ž๐๐ข๐ญ, ๐œ๐š๐ง ๐ฒ๐จ๐ฎ ๐ก๐ž๐ฅ๐ฉ ๐ฆ๐ž? Although helpful, you do NOT need any business credit to get approved for SBA startup financing. ๐ˆ ๐ก๐š๐ฏ๐ž ๐ง๐จ๐ญ ๐ฆ๐š๐๐ž ๐š๐ง๐ฒ ๐ฆ๐จ๐ง๐ž๐ฒ ๐ฐ๐ข๐ญ๐ก ๐ฆ๐ฒ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ, ๐œ๐š๐ง ๐ฒ๐จ๐ฎ ๐ก๐ž๐ฅ๐ฉ ๐ฆ๐ž? You do NOT need business revenue to get approved for SBA startup financing. However, you do need a source of income. If you are not earning money with your business, we do require that you have W2 employment. Message me to schedule your ๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐—น๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฐ๐—ผ๐—ป๐˜€๐˜‚๐—น๐˜ to see how we can help you get working capital to begin your startup, or grow it! -Porsha :)

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