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SBA 7(a) franchise lending portfolio
Redstone FCU
GOOD risk
- Total loans
- 18
- Loan volume
- $1.8M
- Avg loan size
- $101K
- Default rate
- 5.6%
- vs 15.4% national avg
Defaults
1
Avg interest
6.09%
Franchises funded
15
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Great Clips | 3 | $225K | 0.0% |
| Mr. Appliance | 2 | $165K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $375K | 0.0% |
| Mr. Transmission | 1 | $25K | 100.0% |
| Curves For Women | 1 | $50K | 0.0% |
| Schlotzsky's Sandwich Shop | 1 | $50K | 0.0% |
| Little Gym | 1 | $45K | 0.0% |
| Little Ceasar's Pizza | 1 | $208K | 0.0% |
| Wood Re New | 1 | $76K | 0.0% |
| Fastsigns | 1 | $30K | 0.0% |
| Quiznos | 1 | $50K | 0.0% |
| Beef O'brady's | 1 | $271K | 0.0% |
| Goin' Postal | 1 | $50K | 0.0% |
| Red Wing Shoes | 1 | $75K | 0.0% |
| UPS Store | 1 | $125K | 0.0% |
Lending volume by year
1'06
1'07
1'08
5'09
4'10
1'11
1'13
2'15
2'16
Geographic exposure
185.6%
Portfolio summary
Total funded$1.8M
Defaults1 of 18
Risk tierGOOD
Avg rate6.09%
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%).