FF
SBA 504 certified development company
Florida First Capital Finance
- Total loans
- 515
- Loan volume
- $674.5M
- Avg loan size
- $1.3M
- Charge-off rate
- 12.4%
- vs 13.3% national avg
Defaults
33
Franchises funded
252
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Culver's ButterBurgers & Froze | 21 | $35.9M | 0.0% (low risk) |
| Temporary Franchises | 11 | $5.8M | 0.0% (low risk) |
| Quality Inn by Choice Hotels / | 10 | $21.1M | 0.0% (low risk) |
| Days Inn | 8 | $7.6M | 28.6% (very high risk) |
| Holiday Inn Express | 8 | $9.9M | 12.5% (elevated risk) |
| Badcock Home Furniture & More | 8 | $4.9M | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 8 | $26.2M | 0.0% (low risk) |
| Tommy's Express | 8 | $14.4M | 0.0% (low risk) |
| Zaxby's | 8 | $9.3M | 0.0% (low risk) |
| Best Western Inn | 7 | $10.5M | 40.0% (very high risk) |
| Culver's | 7 | $7.0M | 0.0% (low risk) |
| Primrose Schools | 7 | $15.6M | 0.0% (low risk) |
| Choice Hotels International In | 6 | $10.6M | 50.0% (very high risk) |
| Hampton Inns | 6 | $6.9M | 0.0% (low risk) |
| Holiday Inn | 6 | $16.7M | 0.0% (low risk) |
| Primrose School (daycare) | 6 | $7.0M | 0.0% (low risk) |
| Dunkin Donuts | 6 | $2.9M | 0.0% (low risk) |
| Ace Hardware | 6 | $4.0M | 0.0% (low risk) |
| Fairfield by Marriott/Fairfiel | 6 | $25.7M | 0.0% (low risk) |
| Quality Inn | 5 | $3.1M | 40.0% (very high risk) |
Lending volume by year
1'92
1
5
9
2
6'98
8
10
6
5
9'03
15
8
15
15
13'08
9
13
19
17
15'13
21
23
20
23
25'18
25
27
35
48
29'23
19
16
3'26
Source: SBA 504 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%).