Jacob Lee

Father, husband, follower of Christ. Franchisee at Scenthound. Frmr mgmt consulting @BCG, nuclear pwr engineer, HVAC family business @LeeCompany.

[Jacob Lee @jacoblee295]

@willknightsTFE I don’t hate it actually

[Jacob Lee @jacoblee295]

@FranchiseMnA Especially because of the giant moat that is their brand!

[Jacob Lee @jacoblee295]

> Enables the American Dream: the SBA program gives access to capital to anyone who has a strong work history and thoughtful business plan. Doesn't get any better than that!

[Jacob Lee @jacoblee295]

Things I love about building a business serving SBA industry:
> Highly fragmented without a dominant brand: 1,500+ lenders issuing 75K+ loans
> Government-induced complexity: program is governed by a 300 page SOP no one reads (except Keegan)

[Jacob Lee @jacoblee295]

> Mission critical: by definition, SBA loans are the only financing option for small businesses
> Long term tailwinds: program has grown ~GDP+2%. Supported by the "silver tsunami" where SBA loans are a key tool in transferring small business ownership.

[Jacob Lee @jacoblee295]

@StevenShortino Looking forward to help support the growth!

[Jacob Lee @jacoblee295]

If you are a franchisor looking to simplify SBA financing for zees and accelerate growth, or you are a zee looking for your next SBA loan... reach out! [email protected]

[Jacob Lee @jacoblee295]

Some business that got their start with the help of an SBA loan:

Nike, Apple, FedEx, Ben & Jerry’s, Under Armour and Chobani

I think its one of the greatest government success stories of all time.

[Jacob Lee @jacoblee295]

Consider the economic benefit to our country from this program... at almost no cost to the taxpayer.

Will your business be the next Under Armour 🙂 ?

[Jacob Lee @jacoblee295]

We partner with franchisors to be their zee's go-to source for SBA financing. If you are:
-Franchisors looking to accelerate unit opens
-Franchisee/ETA entrepreneur looking for best terms/least pain

Reach out and we would love to help you! [email protected]

[Jacob Lee @jacoblee295]

Very excited to be launching SBA Source LLC with Keegan McBride. I have been through the SBA loan process 6 times now with each Scenthound location, and it was brutally painful each time.

[Jacob Lee @jacoblee295]

In my experience working with dozens of banks and financing providers, no one was delivering this value proposition - so I called the smartest guy I knew from BCG and talked him into building it with me! (Still not sure if Keegan McBride regrets his decision yet 😬)