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SBA 7(a) franchise lending portfolio
Textron Business Credit, Inc.
CRITICAL risk
- Total loans
- 33
- Loan volume
- $7.2M
- Avg loan size
- $217K
- Default rate
- 42.4%
- vs 15.4% national avg
Defaults
14
Avg interest
—
Franchises funded
18
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Great Clips | 7 | $810K | 0.0% |
| Minuteman Press | 5 | $395K | 60.0% |
| Quiznos | 3 | $385K | 33.3% |
| Planet Smoothie | 3 | $452K | 66.7% |
| Mail Boxes Etc. Usa | 2 | $350K | 50.0% |
| Subway Sandwich Shop | 1 | $75K | 0.0% |
| Moto Photo | 1 | $90K | 100.0% |
| Bullets | 1 | $1.0M | 100.0% |
| Alphagraphics, Printshops Of T | 1 | $451K | 100.0% |
| Fantastic Sam's | 1 | $74K | 100.0% |
| Dairy Queen | 1 | $515K | 100.0% |
| Jerry's Sub Shop | 1 | $190K | 100.0% |
| Back Yard Burgers | 1 | $668K | 0.0% |
| Sports Clips | 1 | $157K | 0.0% |
| Tutor Time | 1 | $175K | 0.0% |
| Villager Lodge | 1 | $741K | 100.0% |
| Atlanta Bread Company | 1 | $550K | 0.0% |
| Escape Enterprises, Inc. | 1 | $96K | 0.0% |
Lending volume by year
1'96
2'97
6'99
7'00
16'01
1'02
Textron Business Credit, Inc. default rate by loan vintage
BrandNational avg
Geographic exposure
450.0%
333.3%
30.0%
250.0%
250.0%
250.0%
20.0%
250.0%
1100.0%
1100.0%
Portfolio summary
Total funded$7.2M
Defaults14 of 33
Risk tierCRITICAL
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%).