IF
SBA 7(a) franchise lending portfolio
Innovations Financial Credit Union
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $8.9M
- Avg loan size
- $886K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
N/A
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Better Homes And Gardens Real | 1 | $140K | 0.0% (low risk) |
| Scottish Inns | 1 | $400K | 0.0% (low risk) |
| Pinch-A-Penny | 1 | $584K | 0.0% (low risk) |
| Meineke Car Care | 1 | $50K | 0.0% (low risk) |
| Super 8 Motel | 1 | $801K | 0.0% (low risk) |
| Dunkin Donuts | 1 | $890K | 0.0% (low risk) |
| Econo Lodge Motel | 1 | $1.3M | N/A |
| Howard Johnson | 1 | $1.9M | 0.0% (low risk) |
| Red Carpet Inn | 1 | $2.0M | 0.0% (low risk) |
| Choice Hotels International In | 1 | $870K | 0.0% (low risk) |
Lending volume by year
2'92
1'95
1'97
1'99
1'00
1'02
1'05
2'06
Geographic exposure
100.0% (low risk)
Portfolio summary
Total funded$8.9M
Defaults0 of 10
Risk tierEXCELLENT
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 Innovations Financial Credit Union originated?
- 10 loans totaling $8.9M. The portfolio carries a 0.0% 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 Innovations Financial Credit Union fund the most?
- The “Top franchise exposures” table above lists the brands Innovations Financial Credit Union has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.