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SBA 7(a) franchise lending portfolio
The Bancorp Bank National Association
AVERAGE risk
- Total loans
- 622
- Loan volume
- $406.2M
- Avg loan size
- $653K
- Default rate
- 11.8%
- vs 15.4% national avg
Defaults
43
Avg interest
6.78%
Franchises funded
267
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Massage Envy | 23 | $15.9M | 0.0% |
| Fantastic Sams | 21 | $4.1M | 55.6% |
| Marco's Pizza | 21 | $6.0M | 0.0% |
| Fastsigns | 15 | $3.3M | 0.0% |
| The UPS Store | 14 | $3.0M | 0.0% |
| Tropical Smoothie Cafe | 14 | $9.1M | 0.0% |
| Lawn Doctor | 14 | $2.7M | 0.0% |
| The UPS Store (f/k/a Mail Box | 14 | $4.3M | 0.0% |
| Sport Clips | 13 | $3.0M | 7.7% |
| Kiddie Academy | 12 | $24.1M | 0.0% |
| Marco's Pizza | 11 | $5.5M | — |
| Jersey Mike's | 10 | $4.2M | 10.0% |
| Orange Theory Fitness | 9 | $6.8M | 0.0% |
| Celebree School | 9 | $22.7M | — |
| The Brass Tap | 8 | $6.4M | 20.0% |
| Domino's | 8 | $3.6M | 0.0% |
| Charleys Philly Steaks | 8 | $3.6M | — |
| Grease Monkey | 8 | $6.3M | 0.0% |
| Jersey Mike's (deli Restaurant | 7 | $2.1M | 0.0% |
| Togo's | 7 | $2.2M | 14.3% |
Lending volume by year
11'11
6'12
51'13
49'14
50'15
45'16
41'17
35'18
33'19
58'20
84'21
34'22
62'23
26'24
35'25
2'26
The Bancorp Bank National Association default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
10212.5%
7810.7%
474.3%
270.0%
2614.3%
2410.5%
230.0%
2225.0%
227.1%
1910.0%
Portfolio summary
Total funded$406.2M
Defaults43 of 622
Risk tierAVERAGE
Avg rate6.78%
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%).