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SBA 7(a) franchise lending portfolio
Business Loan Center, LLC
CRITICAL risk
- Total loans
- 455
- Loan volume
- $383.3M
- Avg loan size
- $842K
- Default rate
- 26.4%
- vs 15.4% national avg
Defaults
120
Avg interest
—
Franchises funded
132
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 50 | $54.9M | 32.0% |
| Super 8 Motel | 48 | $51.6M | 20.8% |
| Ramada Inn | 23 | $25.8M | 30.4% |
| Best Western Inn | 21 | $19.7M | 19.0% |
| Econo Lodge Motel | 20 | $16.1M | 25.0% |
| Howard Johnson | 17 | $19.8M | 23.5% |
| Knights Inn | 15 | $11.6M | 53.3% |
| Travelodge | 14 | $13.9M | 28.6% |
| Subway Sandwich Shop | 11 | $2.7M | 9.1% |
| Sunoco Service Station | 8 | $6.6M | 0.0% |
| Choice Hotels International In | 8 | $9.8M | 50.0% |
| Blimpie | 7 | $4.8M | 42.9% |
| Quality Inn | 6 | $5.7M | 33.3% |
| Scottish Inns | 6 | $4.4M | 50.0% |
| Americas Best Value Inn (f/K/A | 6 | $6.9M | 33.3% |
| Meineke Car Care | 5 | $2.0M | 20.0% |
| Comfort Inn | 5 | $5.7M | 20.0% |
| Villager Lodge | 5 | $4.4M | 40.0% |
| Mobil Oil (stations) | 5 | $3.0M | 0.0% |
| Country Hearth Inn | 5 | $3.7M | 0.0% |
Lending volume by year
10'92
13'93
13'94
16'95
22'96
27'97
46'98
43'99
44'00
43'01
62'02
27'03
24'04
34'05
16'06
11'07
4'08
Business Loan Center, LLC default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
7123.9%
4222.0%
4124.4%
2626.9%
2339.1%
1838.9%
1735.3%
1520.0%
1428.6%
1414.3%
Portfolio summary
Total funded$383.3M
Defaults120 of 455
Risk tierCRITICAL
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%).