SBA 7(a) franchise lending portfolio
VelocitySBA, LLC
- Total loans
- 334
- Loan volume
- $144.3M
- Avg loan size
- $432K
- Charge-off rate
- 24.5%
- vs 16.0% national
Charged off
58
Avg interest
8.09%
Franchises funded
227
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| The UPS Store | 14 | $1.9M | 8.3% (good) |
| Liberty Tax Service | 8 | $73K | N/A |
| Quiznos | 8 | $90K | N/A |
| Subway Sandwich Shop | 7 | $1.9M | N/A |
| Anytime Fitness | 6 | $78K | N/A |
| AAMCO Transmissions | 5 | $58K | N/A |
| Goin' Postal | 5 | $45K | N/A |
| Jackson Hewitt Tax Service | 4 | $30K | N/A |
| Quality Inn by Choice Hotels / | 4 | $11.8M | N/A |
| Sign-A-Rama | 3 | $43K | N/A |
| Club Z | 3 | $30K | N/A |
| Meineke Car Care | 3 | $25K | N/A |
| Service Team Of Professionals | 3 | $25K | N/A |
| Senior Helpers | 3 | $23K | N/A |
| Gameday Men's Health/Gameday | 3 | $922K | N/A |
| World of Sourdough | 3 | $1.3M | N/A |
| Midas | 3 | $982K | N/A |
| Americas Best Value Inn | 3 | $8.0M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2006 | 3 |
| FY2007 | 21 |
| FY2008 | 3 |
| FY2009 | 13 |
| FY2010 | 92 |
| FY2011 | 43 |
| FY2012 | 6 |
| FY2013 | 19 |
| FY2014 | 6 |
| FY2016 | 4 |
| FY2018 | 3 |
| FY2019 | 8 |
| FY2020 | 11 |
| FY2021 | 14 |
| FY2022 | 20 |
| FY2023 | 7 |
| FY2024 | 22 |
| FY2025 | 35 |
| FY2026 | 4 |
SBA 7(a) · charge-off rate by approval year
VelocitySBA, LLC: above all franchise loans in 4 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 |
|---|---|---|---|
| 2006 | 3 | 2 | Too few |
| 2007 | 21 | 7 | 33.3% |
| 2008 | 3 | 3 | Too few |
| 2009 | 13 | 3 | 23.1% |
| 2010 | 92 | 26 | 28.3% |
| 2011 | 43 | 11 | 25.6% |
| 2012 | 6 | 2 | Too few |
| 2013 | 19 | 3 | 15.8% |
| 2014 | 6 | 0 | Too few |
| 2016 | 4 | 0 | Too few |
| 2019 | 4 | 1 | Too few |
| 2020 | 6 | 0 | Too early |
| 2021 | 8 | 0 | Too early |
| 2022 | 5 | 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 VelocitySBA, LLC originated?
- 334 loans totaling $144.3M. The portfolio carries a 24.5% charge-off rate, earning a “High Risk” 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. VelocitySBA, LLC's rate of 24.5% 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 VelocitySBA, LLC fund the most?
- The “Top franchise exposures” table above lists the brands VelocitySBA, LLC has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.