NC
SBA 7(a) franchise lending portfolio
Navigant CU
EXCELLENT risk
- Total loans
- 16
- Loan volume
- $4.2M
- Avg loan size
- $260K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.83%
Franchises funded
8
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jersey Mike's | 7 | $2.6M | N/A |
| Subway Sandwich Shop | 2 | $290K | 0.0% (low risk) |
| Jersey Mike's (deli Restaurant | 2 | $300K | 0.0% (low risk) |
| Honey Dew Donuts | 1 | $220K | 0.0% (low risk) |
| Jersey Mike's | 1 | $120K | 0.0% (low risk) |
| Minuteman Press | 1 | $135K | N/A |
| Honey Dew Donuts | 1 | $315K | N/A |
| ColorTyme | 1 | $150K | 0.0% (low risk) |
Lending volume by year
3'11
2'13
1'15
1'20
4'21
2'22
1'24
2'25
Geographic exposure
120.0% (low risk)
40.0% (low risk)
Portfolio summary
Total funded$4.2M
Defaults0 of 16
Risk tierEXCELLENT
Avg rate6.83%
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 Navigant CU originated?
- 16 loans totaling $4.2M. 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 Navigant CU fund the most?
- The “Top franchise exposures” table above lists the brands Navigant CU has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.