SBA 7(a) franchise lending portfolio
CRF Small Business Loan Company, LLC
- Total loans
- 235
- Loan volume
- $80.9M
- Avg loan size
- $344K
- Charge-off rate
- 14.1%
- vs 16.0% national
Charged off
22
Avg interest
6.89%
Franchises funded
126
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Firehouse Subs | 17 | $4.5M | 6.7% (good) |
| Papa Murphy's | 15 | $3.2M | 8.3% (good) |
| Elements Therapeutic Massage | 14 | $2.9M | 7.7% (good) |
| Success On The Spectrum | 9 | $3.8M | N/A |
| Which Wich | 7 | $2.1M | N/A |
| Menchie's | 6 | $1.7M | N/A |
| Wayback Burgers | 6 | $1.0M | N/A |
| The Halal Guys | 5 | $2.8M | N/A |
| Beef Jerky Outlet Franchise | 5 | $826K | N/A |
| Tropical Smoothie Cafe | 5 | $2.5M | N/A |
| Lapels Dry Cleaning | 4 | $2.1M | N/A |
| Bright Star Healthcare/Brights | 3 | $675K | N/A |
| Meineke | 3 | $942K | N/A |
| Rosati's Pizza | 3 | $894K | N/A |
| Wingstop | 3 | $515K | N/A |
| Retro Fitness | 2 | $1.6M | N/A |
| Philly Pretzel Factory | 2 | $756K | N/A |
| The Dog Stop | 2 | $285K | N/A |
| Fastsigns | 2 | $423K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2012 | 4 |
| FY2013 | 22 |
| FY2014 | 37 |
| FY2015 | 39 |
| FY2016 | 22 |
| FY2017 | 27 |
| FY2018 | 11 |
| FY2019 | 10 |
| FY2020 | 18 |
| FY2021 | 7 |
| FY2022 | 8 |
| FY2023 | 7 |
| FY2024 | 10 |
| FY2025 | 12 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
CRF Small Business Loan Company, LLC: above all franchise loans in 3 of 5 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2012 | 4 | 1 | Too few |
| 2013 | 21 | 1 | 4.8% |
| 2014 | 34 | 4 | 11.8% |
| 2015 | 33 | 7 | 21.2% |
| 2016 | 21 | 0 | 0.0% |
| 2017 | 19 | 6 | 31.6% |
| 2018 | 6 | 0 | Too few |
| 2019 | 3 | 1 | Too few |
| 2020 | 4 | 0 | Too early |
| 2021 | 4 | 1 | Too early |
| 2022 | 4 | 1 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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 CRF Small Business Loan Company, LLC originated?
- 235 loans totaling $80.9M. The portfolio carries a 14.1% charge-off rate, earning a “Average” 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. CRF Small Business Loan Company, LLC's rate of 14.1% is below 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 CRF Small Business Loan Company, LLC fund the most?
- The “Top franchise exposures” table above lists the brands CRF Small Business Loan Company, 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.