FranchiseVerdict

SBA 504 certified development company

CDC Small Business Finance Corp.

GOOD risk
Total loans
351
Loan volume
$441.0M
Avg loan size
$1.3M
Default rate
7.7%
vs 13.3% national avg

Defaults

17

Franchises funded

207

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Best Western Inn9$14.7M33.3%
Arco (gas Station)8$4.8M0.0%
Comfort Inn7$8.5M16.7%
Holiday Inn Express7$16.0M0.0%
Temporary Franchises7$3.7M0.0%
Travelodge6$6.4M16.7%
Shell Service Station6$3.2M0.0%
Comfort/ Comfort Inn & Suites/6$21.1M0.0%
La Quinta Inn5$14.7M0.0%
Union 76 Oil5$3.5M0.0%
Chevron (gas Station)5$5.1M0.0%
Servicemaster5$1.7M0.0%
Ace Hardware5$6.8M0.0%
Ramada Inn4$6.8M33.3%
Mobil Oil (stations)4$2.3M0.0%
Super 8 Motel4$4.1M0.0%
Days Inn4$4.6M25.0%
Choice Hotels International In4$4.1M50.0%
Vagabond Inn4$6.0M0.0%
Marriott Hotel4$12.0M0.0%

Lending volume by year

3
'92
1
3
1
5
3
'97
2
3
3
8
6
'02
8
16
23
16
19
'07
2
8
9
20
20
'12
17
13
13
14
13
'17
17
16
14
22
21
'22
5
5
1
1
'26

Geographic coverage

California
2686.0%
Arizona
7816.7%
Nevada
40.0%

Portfolio summary

Total funded$441.0M
Defaults17 of 351
Risk tierGOOD

Source: SBA 504 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%).