Opening Doors to Franchise Ownership

LenPick connects aspiring entrepreneurs with the funding they need to achieve business ownership. Founded by CEO Porsha Brooks, the organization specializes in helping clients secure SBA loans to open their first franchise locations. Through a structured five-step process that covers an initial lending consultation through SBA pre-approval, LenPick guides customers through the complexities of franchise financing, including business plan development, financial projections, and document preparation.

As LenPick’s client base grew, the company needed an experienced SBA 7(a) lending partner with expertise in small business finance and the capacity to efficiently process loans from franchise buyers. Many of LenPick’s clients are new business owners navigating the SBA lending process for the first time, requiring a lender that could provide both technical expertise and responsive service to keep deals moving forward.

As an SBA Preferred Lender with experience in financing franchise businesses, CRF was well positioned to support LenPick. The two organizations engaged in a referral partnership that creates a seamless pathway for franchise entrepreneurs.  After LenPick qualifies borrowers and prepares their loan packages, the company refers them to CRF for SBA 7(a) financing.  CRF’s experienced lending team works directly with these entrepreneurs to provide the capital they need to launch and grow their business. Together, the two organizations are helping more entrepreneurs access the capital and resources needed to grow and thrive.