SBA 7(a) franchise lending portfolio
Synovus Bank
- Total loans
- 388
- Loan volume
- $212.5M
- Avg loan size
- $548K
- Charge-off rate
- 17.3%
- vs 16.0% national
Charged off
61
Avg interest
6.01%
Franchises funded
214
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Firehouse Subs | 14 | $2.3M | 14.3% (average) |
| Subway Sandwich Shop | 13 | $1.9M | 0.0% (excellent) |
| Dunkin Donuts | 9 | $3.9M | N/A |
| Larry's Giant Subs | 9 | $806K | N/A |
| Philly Connection | 7 | $722K | N/A |
| Domino's Pizza | 7 | $1.6M | N/A |
| Beef O'brady's | 7 | $1.5M | N/A |
| Bruster's | 6 | $3.2M | N/A |
| Zaxby's | 6 | $4.5M | N/A |
| Bagel King | 5 | $621K | N/A |
| Dairy Queen | 5 | $2.6M | N/A |
| Huddle House | 5 | $2.3M | N/A |
| Little Caesar Pizza | 5 | $4.1M | N/A |
| Mail Boxes Etc. Usa | 4 | $382K | N/A |
| Jackson Hewitt Tax Service | 4 | $635K | N/A |
| International House Of Pancake | 4 | $1.5M | N/A |
| Blimpie | 4 | $368K | N/A |
| Marble Slab Creamery | 4 | $860K | N/A |
| Pinch-A-Penny | 4 | $2.0M | N/A |
| Mellow Mushroom | 4 | $1.4M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 6 |
| FY1993 | 5 |
| FY1994 | 11 |
| FY1995 | 16 |
| FY1996 | 11 |
| FY1997 | 26 |
| FY1998 | 12 |
| FY1999 | 10 |
| FY2000 | 14 |
| FY2001 | 8 |
| FY2002 | 14 |
| FY2003 | 23 |
| FY2004 | 23 |
| FY2005 | 20 |
| FY2006 | 12 |
| FY2007 | 14 |
| FY2008 | 15 |
| FY2009 | 5 |
| FY2010 | 3 |
| FY2011 | 3 |
| FY2012 | 3 |
| FY2013 | 4 |
| FY2014 | 20 |
| FY2015 | 11 |
| FY2016 | 14 |
| FY2017 | 15 |
| FY2018 | 11 |
| FY2019 | 8 |
| FY2020 | 14 |
| FY2021 | 11 |
| FY2022 | 12 |
| FY2023 | 7 |
| FY2024 | 1 |
| FY2025 | 4 |
| FY2026 | 2 |
SBA 7(a) · charge-off rate by approval year
Synovus Bank: below all franchise loans in 10 of 19 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 |
|---|---|---|---|
| 1992 | 6 | 2 | Too few |
| 1993 | 5 | 2 | Too few |
| 1994 | 11 | 2 | 18.2% |
| 1995 | 16 | 3 | 18.8% |
| 1996 | 11 | 2 | 18.2% |
| 1997 | 26 | 5 | 19.2% |
| 1998 | 12 | 2 | 16.7% |
| 1999 | 10 | 1 | 10.0% |
| 2000 | 14 | 1 | 7.1% |
| 2001 | 8 | 2 | Too few |
| 2002 | 14 | 1 | 7.1% |
| 2003 | 23 | 5 | 21.7% |
| 2004 | 23 | 4 | 17.4% |
| 2005 | 20 | 2 | 10.0% |
| 2006 | 12 | 7 | 58.3% |
| 2007 | 14 | 6 | 42.9% |
| 2008 | 15 | 5 | 33.3% |
| 2009 | 5 | 2 | Too few |
| 2010 | 3 | 1 | Too few |
| 2011 | 3 | 0 | Too few |
| 2012 | 3 | 0 | Too few |
| 2013 | 4 | 1 | Too few |
| 2014 | 20 | 0 | 0.0% |
| 2015 | 11 | 0 | 0.0% |
| 2016 | 14 | 4 | 28.6% |
| 2017 | 12 | 0 | 0.0% |
| 2018 | 10 | 1 | 10.0% |
| 2019 | 6 | 0 | Too few |
| 2020 | 7 | 0 | Too early |
| 2021 | 7 | 0 | Too early |
| 2022 | 4 | 0 | Too early |
| 2023 | 3 | 0 | 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 Synovus Bank originated?
- 388 loans totaling $212.5M. The portfolio carries a 17.3% charge-off rate, earning a “Elevated” 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. Synovus Bank's rate of 17.3% is above 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 Synovus Bank fund the most?
- The “Top franchise exposures” table above lists the brands Synovus 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.