![Banesco USA logo](https://cdn.brandfetch.io/banescousa.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Banesco USA
UNKNOWN risk
- Total loans
- 37
- Loan volume
- $19.6M
- Avg loan size
- $529K
- Default rate
- —
- vs 15.4% national avg
Defaults
0
Avg interest
8.97%
Franchises funded
33
Risk rating
UNKNOWN
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| PostalAnnex+ (Retail Center) | 2 | $1.2M | — |
| The Lash Lounge | 2 | $844K | — |
| Crumbl | 2 | $1.1M | — |
| MaidPro | 2 | $893K | — |
| Spavia | 1 | $425K | — |
| Orange Theory Fitness | 1 | $745K | — |
| Burn Boot Camp Fitness | 1 | $320K | — |
| Hand and Stone Massage and Fac | 1 | $431K | — |
| Boca Tanning Club | 1 | $175K | — |
| Code Ninjas | 1 | $185K | — |
| 911 Restoration | 1 | $350K | — |
| Cody's Original Roadhouse | 1 | $2.6M | — |
| Kumon | 1 | $495K | — |
| Precision Door Service | 1 | $693K | — |
| One Hour Air Conditioning & He | 1 | $225K | — |
| Your Pie | 1 | $466K | — |
| Office Evolution | 1 | $499K | — |
| Bath Tune Up | 1 | $500K | — |
| Jet's Pizza | 1 | $230K | — |
| Mainstream Boutique | 1 | $185K | — |
Lending volume by year
1'17
1'18
2'19
5'21
7'22
12'23
5'24
4'25
Geographic exposure
Portfolio summary
Total funded$19.6M
Defaults0 of 37
Risk tierUNKNOWN
Avg rate8.97%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), Critical (>20%).