Serving all 50 States

631-430-4244

9:00 AM - 6:00 PM, M-F (EST)

Startup Loan Interest Rates: 10%-13.5%

Startup Loans

$50K-$5M


We get you the cash you need
to fund your startup in 8 weeks.


Have you already registered your business?
Yes No

Whether you're starting or growing your business...

We work with 25 of the best lenders that offer startup SBA loans.

We know all of their underwriting criteria, & we help you meet all of their requirements in order to be approved & funded.

Startup SBA Approval Program

Business Plans
Financial Projections
Lender Matching
Business Plans
LenPick helped HomeCare Franchise open with SBA loan.
HomeCare Franchise
Funded $150k

We helped create this startup's business plans & projections.

Financial Projections
LenPick helped TLE Daycare franchise open with SBA loan.
TLE Daycare Franchise
Funded $500k

We helped create the projections that got their SBA loan approved.

Lender Matching
LenPick helped wedding venue startup opened with SBA loan.
Wedding Venue
Funded $1,325,000

We helped source the SBA lender that could see past the risk.

Get Your Startup SBA Loans in 8 weeks.

With 3 Steps

Step 1: Lending Assessment
We show you which SBA program you qualify for, how much you qualify for, and what you need to be approved.

48 Hours

Step 2: Business Plan & Financial Projections
We help you with the documents needed to secure your SBA startup loan.

1-2 Weeks

Step 3: Approved & Funded
Our lenders review your file, then we introduce you to the one that will fund your startup.

3-6 Weeks

Not Sure If You're Ready?

One Couple's Startup Journey

LenPick helps couple open their first TLE daycare business franchise.

"The challenges with finding a lender, having dedicated support, with this being our first time, it really was a maze, and we wanted someone who could really guide use through that process and that's what made us choose LenPick."

LenPick gave us all the tools we needed and all the advice we needed. They basically did all the work for us, she communicated back and forth with different lenders to get us the best rates, and the best lending for what we wanted for our childcare center.

When we first went directly to the bank, and getting bounced from this department and that department and no one in the bank being able to give us a clear answer on whether they were going to be able to finance the loan or not, that was very frustrating.

We reached out to LenPick, Ms. Porsha, and she was able to say I'm going to do the legwork, I'm going to get you financed. It was 3 different lenders that we had to choose from, and it was great that we had the power and opportunity to choose which one we wanted to go with. It put us in the driver's seat, how many times can you say you have the banks knocking on the door for your business, and that was the position they put us in, and that's a great feeling.

And having someone who knows how to work with the big banks with this being our first loan, having that expertise I think really made that difference where we were able to close on the loan.

We have another location picked out and we definitely plan on choosing LenPick for that location's financing as well. Highly recommended.

Towanda & Elliott

FAQs About Startup Business Loans

What is a startup business?
  1. Businesses under 2 years old.
  2. Businesses that have filed less than 2 years of business tax returns.
  3. Businesses that are pre-revenue.

Which startup industries do you work with?
We help all startup industries except those that are restricted by the SBA. The SBA does not loan to the following industries:
  1. X Rated - Adult Entertainment
  2. Gambling
  3. Real Estate Investment

Do startups need good credit?
The SBA does not have a minimum credit score for business loans, but many of our lenders set theirs at 625.

However, if you have bad credit because of credit card utilization, or negative items older than 6 months we may still be able to get you an SBA business loan approval.

What can I use a startup loan for?
You can use Startup SBA funding to purchase an existing business, join a franchise, or start your own independent business.

You can also use it to get a working capital loan for your startup.

Can I get startup loan with no revenue?
Yes, you can get a startup loan with no business revenue.

Which areas do you serve?
We help startups in all 50 states get SBA loans. However, we help the most startups in: New York, North Carolina, New Jersey, Texas, California, Michigan, Georgia, Florida, and Maryland.