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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Choice Financial Group

EXCELLENT risk
Total loans
101
Loan volume
$44.1M
Avg loan size
$437K
Charge-off rate
4.3%
vs 15.4% national avg

Defaults

3

Avg interest

6.88%

Franchises funded

61

Risk rating

EXCELLENT

Top franchise exposures

FranchiseLoansVolumeDefault %
Orange Theory Fitness6$3.2M0.0% (low risk)
Burn Boot Camp Fitness5$960KN/A
Fastsigns4$290K0.0% (low risk)
Servpro4$1.0M0.0% (low risk)
Planet Beach3$230K0.0% (low risk)
Subway Sandwich Shop3$328K0.0% (low risk)
Sky Zone Indoor Trampoline Par3$4.2M0.0% (low risk)
Jamba3$1.8M0.0% (low risk)
Trading Academy3$4.1M0.0% (low risk)
Jimmy John's3$4.6M0.0% (low risk)
Paul Davis Restoration3$3.4MN/A
Glamour Shots2$200K100.0% (very high risk)
Play It Again Sports (retail S2$135K0.0% (low risk)
The Blind Man2$122K0.0% (low risk)
Money Mailer2$373K0.0% (low risk)
Papa Murphy's Take 'N' Bake Pi2$355KN/A
Cartridge World2$149K0.0% (low risk)
Deka Lash2$586K0.0% (low risk)
Allegra2$75KN/A
Amazing Lash Studio2$757KN/A

Choice Financial Group charge-off rate by loan vintage

BrandNational avg
Choice Financial Group charge-off rate by loan vintage. Showing 10 vintages from 1995 to 2019. Rates range from 0.0% to 100.0%.0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%80%85%90%95%100%'95'10'14'16'18'19

Geographic exposure

670.0% (low risk)
3012.0% (elevated risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)

Portfolio summary

Total funded$44.1M
Defaults3 of 101
Risk tierEXCELLENT
Avg rate6.88%

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 Choice Financial Group originated?
101 loans totaling $44.1M. The portfolio carries a 4.3% 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 Choice Financial Group fund the most?
The “Top franchise exposures” table above lists the brands Choice Financial Group has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.