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FranchiseVerdict

SBA 7(a) franchise lending portfolio

BankFirst

EXCELLENT risk
Total loans
11
Loan volume
$3.8M
Avg loan size
$349K
Charge-off rate
0.0%
vs 15.4% national avg

Defaults

0

Avg interest

6.08%

Franchises funded

7

Risk rating

EXCELLENT

Top franchise exposures

FranchiseLoansVolumeDefault %
Quiznos3$443K0.0% (low risk)
Domino's Pizza3$781K0.0% (low risk)
Kentucky Fried Chicken1$483K0.0% (low risk)
Cartridge World1$155K0.0% (low risk)
Anytime Fitness1$404KN/A
Window World1$700KN/A
Domino's1$872KN/A

Geographic exposure

100.0% (low risk)

Portfolio summary

Total funded$3.8M
Defaults0 of 11
Risk tierEXCELLENT
Avg rate6.08%

Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict

Charge-off 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%), High Risk (>20%).

Frequently asked questions

How many SBA 7(a) franchise loans has BankFirst originated?
11 loans totaling $3.8M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” risk rating.
What is the charge-off rate and why does it matter?
Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
Where does this lending data come from?
SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
Which franchise brands does BankFirst fund the most?
The “Top franchise exposures” table above lists the brands BankFirst has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.