VA
SBA 7(a) franchise lending portfolio
Verve, a Credit Union
GOOD risk
- Total loans
- 13
- Loan volume
- $2.9M
- Avg loan size
- $224K
- Charge-off rate
- 7.7%
- vs 15.4% national avg
Defaults
1
Avg interest
5.54%
Franchises funded
10
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Al's Chicago's #1 Italian Beef | 3 | $254K | 0.0% (low risk) |
| Dunkin Donuts | 2 | $365K | 0.0% (low risk) |
| Mailboxes & Parcel Depot | 1 | $100K | 0.0% (low risk) |
| All Tune And Lube | 1 | $90K | 0.0% (low risk) |
| Baymont Inns & Suites | 1 | $720K | 0.0% (low risk) |
| Car-X Auto Service | 1 | $573K | 0.0% (low risk) |
| Nancy's Pizza | 1 | $180K | 100.0% (very high risk) |
| Al's Beef | 1 | $300K | 0.0% (low risk) |
| The UPS Store | 1 | $180K | 0.0% (low risk) |
| Haagen-Dazs Ice Cream | 1 | $150K | 0.0% (low risk) |
Lending volume by year
2'94
2'96
1'09
2'10
1'12
1'13
2'14
1'15
1'16
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 Verve, a Credit Union originated?
- 13 loans totaling $2.9M. The portfolio carries a 7.7% charge-off rate, earning a “GOOD” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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 Verve, a Credit Union fund the most?
- The “Top franchise exposures” table above lists the brands Verve, a Credit Union has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.