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SBA 7(a) franchise lending portfolio
Business Lenders, LLC
Risk rating: High Risk
- Total loans
- 401
- Loan volume
- $115.1M
- Avg loan size
- $287K
- Charge-off rate
- 32.5%
- vs 16.0% national
Charged off
130
Avg interest
N/A
Franchises funded
111
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| UPS Store | 80 | $12.6M | 8.8% (good) |
| Lady Of America | 29 | $3.3M | 44.8% (high risk) |
| Quiznos | 28 | $4.3M | 57.1% (high risk) |
| United Check Cashing,inc. | 18 | $2.5M | 27.8% (high risk) |
| Matco Tools (rent Tools) | 17 | $1.9M | 88.2% (high risk) |
| Cottman Transmission | 17 | $2.5M | 35.3% (high risk) |
| Petland | 12 | $8.8M | 66.7% (high risk) |
| Cold Stone Creamery, Inc. | 10 | $3.6M | 20.0% (high risk) |
| Alphagraphics, Printshops Of T | 9 | $3.7M | N/A |
| Domino's Pizza | 8 | $772K | N/A |
| Subway Sandwich Shop | 7 | $1.5M | N/A |
| Days Inn | 7 | $8.1M | N/A |
| Merlin's Muffler | 7 | $1.7M | N/A |
| Travelodge | 6 | $5.8M | N/A |
| Cash Converters | 5 | $680K | N/A |
| Interim Healthcare | 5 | $5.9M | N/A |
| Bassett's Original Turkey (res | 4 | $540K | N/A |
| King Bear Auto Service | 4 | $433K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1994 | 1 |
| FY1995 | 2 |
| FY1996 | 6 |
| FY1997 | 11 |
| FY1998 | 30 |
| FY1999 | 36 |
| FY2000 | 51 |
| FY2001 | 33 |
| FY2002 | 43 |
| FY2003 | 37 |
| FY2004 | 36 |
| FY2005 | 31 |
| FY2006 | 20 |
| FY2007 | 40 |
| FY2008 | 24 |
SBA 7(a) · charge-off rate by approval year
Business Lenders, LLC: above all franchise loans in 7 of 12 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1996 | 6 | 0 | Too few |
| 1997 | 11 | 0 | 0.0% |
| 1998 | 30 | 11 | 36.7% |
| 1999 | 36 | 8 | 22.2% |
| 2000 | 50 | 15 | 30.0% |
| 2001 | 33 | 20 | 60.6% |
| 2002 | 43 | 23 | 53.5% |
| 2003 | 37 | 17 | 45.9% |
| 2004 | 36 | 8 | 22.2% |
| 2005 | 31 | 4 | 12.9% |
| 2006 | 20 | 3 | 15.0% |
| 2007 | 40 | 15 | 37.5% |
| 2008 | 24 | 6 | 25.0% |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
3729.7% (high risk)
3441.2% (high risk)
3354.5% (high risk)
3215.6% (elevated)
3259.4% (high risk)
2714.8% (average)
2533.3% (high risk)
2416.7% (elevated)
1711.8% (average)
1637.5% (high risk)
Portfolio summary
Total funded$115.1M
Charged off130 of 401
Risk tierHigh Risk
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 Business Lenders, LLC originated?
- 401 loans totaling $115.1M. The portfolio carries a 32.5% charge-off rate, earning a “High Risk” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Business Lenders, LLC's rate of 32.5% is above the national rate.
- 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 Business Lenders, LLC fund the most?
- The “Top franchise exposures” table above lists the brands Business Lenders, LLC has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.