FranchiseVerdict

SBA 504 certified development company

EDC Loan Corporation

EXCELLENT risk
Total loans
6
Loan volume
$6.1M
Avg loan size
$1.0M
Default rate
0.0%
vs 13.3% national avg

Defaults

0

Franchises funded

6

Risk rating

EXCELLENT

Top franchise exposures

FranchiseLoansVolumeDefault %
Beauty Warehouse1$102K0.0%
Culver's Frozen Custard1$434K0.0%
Sleep Inn Motel1$1.1M0.0%
Steak N Shake1$1.1M
International House Of Pancake1$920K0.0%
Hampton Inns1$2.4M0.0%

Lending volume by year

1
'96
1
'03
1
'08
1
'09
1
'11
1
'12

Geographic coverage

Portfolio summary

Total funded$6.1M
Defaults0 of 6
Risk tierEXCELLENT

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%).