Promise Credit Solutions, Inc | Application Preview
Promise Credit Solutions, Inc. is seeking government funding to develop a financial literacy platform aimed at educating community members about essential financial concepts that are often overlooked in traditional schooling. The initiative will focus on vital topics such as income generation, budgeting, debt management, saving, investing, and credit understanding.
The organization plans to engage subject matter experts to ensure the information is current and compliant with the ever-evolving financial regulations. They have established partnerships with mortgage brokers, realtors, financial advisors, and credit experts to enrich their educational offerings.
The goal is to create accessible resources, both digital and print, that participants can reference after the program, along with referrals to further aid their financial journeys. The target audience includes middle school and high school students, single parents, survivors of abusive situations, individuals re-entering society, and high school dropouts.
Promise Credit Solutions aims to expand its reach across the country over the next five years. The founder's dedication to this cause stems from nine years of experience helping people achieve financial stability, underscoring the importance of economic empowerment as a foundation for success. The organization's competitive advantage lies in its hands-on experience and unwavering commitment to improving the financial well-being of its community members.
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General Information
Business Registration Number: 81-4161427
Location: Lewisville, TX, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Our goal is to create a basic financial literacy platform that we can use to educate people of the community by providing information that isn't readily available nor taught in schools. We have extensive experience in this area, additionally, we will hire subject matter experts to provide information regarding the most up to date compliance rules and findings as this industry is continually evolving and changing. We've been in contact with mortgage brokers, realtors, home and auto underwriters, financial advisors, insurance agents, & credit experts to assist in accomplishing this task. We will focus on earning and understanding the different aspects of earning along with budgeting, paying off debt, saving, investing & understanding the importance credit. Lastly, we'd like to develop/create a digital portal or print material to provide each participant with information that they can call upon after the fact, along with referrals that can assist them in moving forward in their future financial endeavors. In closing we w'd like to target middle school to high school students along with single moms, battered women, single dads, men and women of re-entry and high school drop outs.
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Business Plan
I'd like to continue growing my business in reaching communities all over the country. I can create a five year forecast if need be. I'm totally dedicated to this cause as economic empowerment is the foundation of this country. I've worked with ppl for the past nine years that are extremely grateful and appreciative of the way we're able to improve their financial stability along with creating that same stability for their immediate families. We've worked with men and women of re-entry, single dads womens halfway houses ect........ this information is simply invaluable. Simply put we enjoy what we do in addition to the massive amount of gratification that occurs in helping others.
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Self Identified Competition
N/A Experience, dedication, commitment and first hand knowledge.
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