RB
SBA 7(a) franchise lending portfolio
Renasant Bank
AVERAGE risk
- Total loans
- 242
- Loan volume
- $188.6M
- Avg loan size
- $779K
- Charge-off rate
- 14.3%
- vs 15.4% national avg
Defaults
25
Avg interest
6.18%
Franchises funded
185
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The UPS Store (f/k/a Mail Box | 6 | $3.1M | 0.0% (low risk) |
| Atlanta Bread Company | 5 | $1.6M | 40.0% (very high risk) |
| Raining Berries | 5 | $3.4M | 100.0% (very high risk) |
| Shane's Rib Shack | 4 | $1.1M | 25.0% (very high risk) |
| Workout Anytime 24/7 | 4 | $1.2M | 0.0% (low risk) |
| Zaxby's | 4 | $6.2M | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 3 | $366K | 33.3% (very high risk) |
| Matco Tools (rent Tools) | 3 | $250K | 33.3% (very high risk) |
| Moe's Southwest Grill | 3 | $850K | 0.0% (low risk) |
| Orange Theory Fitness | 3 | $1.1M | 0.0% (low risk) |
| Great American Cookies | 3 | $862K | 0.0% (low risk) |
| Christian Brothers Automotive | 3 | $5.4M | 0.0% (low risk) |
| Days Inn | 2 | $2.7M | 0.0% (low risk) |
| Dunkin Donuts | 2 | $495K | 0.0% (low risk) |
| American Bodyworks | 2 | $839K | 100.0% (very high risk) |
| Ace Hardware | 2 | $979K | 0.0% (low risk) |
| Blimpie | 2 | $340K | 0.0% (low risk) |
| Hampton Inn | 2 | $10.0M | N/A |
| Wendy's | 2 | $4.1M | 0.0% (low risk) |
| Pure Taqueria | 2 | $2.8M | 0.0% (low risk) |
Lending volume by year
1'94
2
1
1
2
1'00
6
3
2
5
7'05
4
3
4
2
3'10
7
9
14
13
21'15
24
18
8
9
7'20
22
19
8
3
13'25
Renasant Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
15416.7% (high risk)
2821.4% (very high risk)
190.0% (low risk)
1815.4% (high risk)
150.0% (low risk)
30.0% (low risk)
20.0% (low risk)
20.0% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$188.6M
Defaults25 of 242
Risk tierAVERAGE
Avg rate6.18%
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 Renasant Bank originated?
- 242 loans totaling $188.6M. 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 Renasant Bank fund the most?
- The “Top franchise exposures” table above lists the brands Renasant Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.