SBA 7(a) franchise lending portfolio
Renasant Bank
- Total loans
- 242
- Loan volume
- $188.6M
- Avg loan size
- $779K
- Charge-off rate
- 14.3%
- vs 16.0% national
Charged off
25
Avg interest
6.18%
Franchises funded
185
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| The UPS Store (f/k/a Mail Box | 9 | $3.5M | N/A |
| Atlanta Bread Company | 5 | $1.6M | N/A |
| Raining Berries | 5 | $3.4M | N/A |
| Shane's Rib Shack | 4 | $1.1M | N/A |
| Workout Anytime 24/7 | 4 | $1.2M | N/A |
| Zaxby's | 4 | $6.2M | N/A |
| Matco Tools (rent Tools) | 3 | $250K | N/A |
| Moe's Southwest Grill | 3 | $850K | N/A |
| Orange Theory Fitness | 3 | $1.1M | N/A |
| Great American Cookies | 3 | $862K | N/A |
| Christian Brothers Automotive | 3 | $5.4M | N/A |
| Days Inn | 2 | $2.7M | N/A |
| Dunkin Donuts | 2 | $495K | N/A |
| American Bodyworks | 2 | $839K | N/A |
| Ace Hardware | 2 | $979K | N/A |
| Blimpie | 2 | $340K | N/A |
| Hampton Inn | 2 | $10.0M | N/A |
| Wendy's | 2 | $4.1M | N/A |
| Pure Taqueria | 2 | $2.8M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1994 | 1 |
| FY1995 | 2 |
| FY1997 | 1 |
| FY1998 | 1 |
| FY1999 | 2 |
| FY2000 | 1 |
| FY2001 | 6 |
| FY2002 | 3 |
| FY2003 | 2 |
| FY2004 | 5 |
| FY2005 | 7 |
| FY2006 | 4 |
| FY2007 | 3 |
| FY2008 | 4 |
| FY2009 | 2 |
| FY2010 | 3 |
| FY2011 | 7 |
| FY2012 | 9 |
| FY2013 | 14 |
| FY2014 | 13 |
| FY2015 | 21 |
| FY2016 | 24 |
| FY2017 | 18 |
| FY2018 | 8 |
| FY2019 | 9 |
| FY2020 | 7 |
| FY2021 | 22 |
| FY2022 | 19 |
| FY2023 | 8 |
| FY2024 | 3 |
| FY2025 | 13 |
SBA 7(a) · charge-off rate by approval year
Renasant Bank: above all franchise loans in 3 of 5 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2001 | 6 | 0 | Too few |
| 2002 | 3 | 0 | Too few |
| 2004 | 5 | 2 | Too few |
| 2005 | 7 | 1 | Too few |
| 2006 | 4 | 2 | Too few |
| 2007 | 3 | 2 | Too few |
| 2008 | 4 | 3 | Too few |
| 2010 | 3 | 1 | Too few |
| 2011 | 7 | 0 | Too few |
| 2012 | 9 | 0 | Too few |
| 2013 | 13 | 0 | 0.0% |
| 2014 | 13 | 2 | 15.4% |
| 2015 | 21 | 3 | 14.3% |
| 2016 | 20 | 1 | 5.0% |
| 2017 | 17 | 4 | 23.5% |
| 2018 | 7 | 1 | Too few |
| 2020 | 4 | 0 | Too early |
| 2021 | 9 | 0 | Too early |
| 2022 | 5 | 1 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Renasant Bank's rate of 14.3% is below the national rate.
- 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.