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SBA 7(a) franchise lending portfolio
Innovations Financial Credit Union
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $8.9M
- Avg loan size
- $886K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
—
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Better Homes And Gardens Real | 1 | $140K | 0.0% |
| Scottish Inns | 1 | $400K | 0.0% |
| Pinch-A-Penny | 1 | $584K | 0.0% |
| Meineke Car Care | 1 | $50K | 0.0% |
| Super 8 Motel | 1 | $801K | 0.0% |
| Dunkin Donuts | 1 | $890K | 0.0% |
| Econo Lodge Motel | 1 | $1.3M | — |
| Howard Johnson | 1 | $1.9M | 0.0% |
| Red Carpet Inn | 1 | $2.0M | 0.0% |
| Choice Hotels International In | 1 | $870K | 0.0% |
Lending volume by year
2'92
1'95
1'97
1'99
1'00
1'02
1'05
2'06
Geographic exposure
100.0%
Portfolio summary
Total funded$8.9M
Defaults0 of 10
Risk tierEXCELLENT
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%).