D
SBA 7(a) franchise lending portfolio
DreamSpring
AVERAGE risk
- Total loans
- 11
- Loan volume
- $1.7M
- Avg loan size
- $154K
- Charge-off rate
- 14.3%
- vs 15.4% national avg
Defaults
1
Avg interest
10.43%
Franchises funded
11
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Painting With A Twist | 1 | $117K | 0.0% (low risk) |
| U.s. Lawns | 1 | $68K | N/A |
| Top Ten Percent | 1 | $42K | 100.0% (very high risk) |
| Subway | 1 | $65K | 0.0% (low risk) |
| Naturals2Go | 1 | $78K | 0.0% (low risk) |
| Woof Gang Bakery and Grooming | 1 | $83K | 0.0% (low risk) |
| Juice Zone | 1 | $103K | 0.0% (low risk) |
| Crave Cookies | 1 | $300K | N/A |
| We Rock The Spectrum Kid's Gym | 1 | $350K | N/A |
| Tropical Smoothie Cafe | 1 | $150K | 0.0% (low risk) |
| Eight Turn Crepe | 1 | $335K | N/A |
Lending volume by year
1'15
1'16
2'17
2'18
1'19
1'20
1'23
2'24
Geographic exposure
Portfolio summary
Total funded$1.7M
Defaults1 of 11
Risk tierAVERAGE
Avg rate10.43%
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 DreamSpring originated?
- 11 loans totaling $1.7M. The portfolio carries a 14.3% 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). 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 DreamSpring fund the most?
- The “Top franchise exposures” table above lists the brands DreamSpring has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.