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SBA 7(a) franchise lending portfolio
Rize Federal Credit Union
CRITICAL risk
- Total loans
- 14
- Loan volume
- $5.9M
- Avg loan size
- $421K
- Default rate
- 21.4%
- vs 15.4% national avg
Defaults
3
Avg interest
6.00%
Franchises funded
7
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Domino's Pizza | 8 | $4.7M | 12.5% |
| Flame Broiler (the) | 1 | $185K | 0.0% |
| Quiznos | 1 | $169K | 100.0% |
| Joint (The) | 1 | $163K | 0.0% |
| Big O Tires | 1 | $190K | 0.0% |
| Fatburger | 1 | $356K | 100.0% |
| Junk King | 1 | $150K | 0.0% |
Lending volume by year
1'06
4'08
1'09
2'10
2'11
3'12
1'13
Geographic exposure
1421.4%
Portfolio summary
Total funded$5.9M
Defaults3 of 14
Risk tierCRITICAL
Avg rate6.00%
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%).