Franchise financing
Candlewood Suites franchise financing
What it costs to finance a Candlewood Suites franchise and how buyers fund it. The real numbers: how much gets borrowed, which lenders fund it, and the track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 116
- Total funded
- $382.0M
- Median loan
- $3.2M
- 7(a) charge-off
- 0.0%
What financing a Candlewood Suites franchise costs
The median SBA loan to a Candlewood Suites franchisee is $3.2M, and the middle half of Candlewood Suites's 116 loans run $2.2M to $4.7M (average $3.3M). Across all SBA-financed franchises the median loan is $350K. Candlewood Suites buyers borrow more than the typical franchisee.
These are loan amounts, not the brand's total startup cost. Buyers also put in equity (the SBA generally wants at least 10% down on a new franchise), and the brand's own investment estimate is Item 7 of its franchise disclosure document (FDD). The median Candlewood Suites loan runs 25 years. Model your numbers with the franchise financing calculator.
Of the 95 Candlewood Suites loans where the SBA recorded a business age, 34.7% went to new businesses two years old or younger. The rest funded existing operations.
How to finance Candlewood Suites
Candlewood Suites franchisees have financed with 116 SBA loans since FY2010, averaging $3.3M each. Of those, 51 ran through the 7(a) program (franchise fee, build-out, equipment, and working capital) and 65 through 504 (owner-occupied real estate). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
Candlewood Suites's 7(a) charge-off rate is 0.0% across 51 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance Candlewood Suites
By SBA loan count
Where Candlewood Suites gets funded
Top states by loan count
- 1. Texas 33
- 2. Pennsylvania 6
- 3. Florida 5
- 4. Georgia 5
- 5. Washington 5
- 6. Ohio 7
- 7. Indiana 5
- 8. Oregon 4
Financing a Candlewood Suites?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
Candlewood Suites SBA financing FAQ
How much does a Candlewood Suites franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a Candlewood Suites franchisee is $3.2M, and the middle half of Candlewood Suites's 116 loans run $2.2M to $4.7M. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of Candlewood Suites's franchise disclosure document.
Can you use an SBA loan for Candlewood Suites?
Yes. Lenders have funded 116 SBA loans to Candlewood Suites franchisees, worth $382.0M in all, so Candlewood Suites is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for Candlewood Suites?
The data says yes: of Candlewood Suites's 95 SBA loans that record a business age, 34.7% went to new businesses two years old or younger. Expect the lender to look harder at your experience, business plan, and equity injection.
Which lenders finance Candlewood Suites?
By loan count, the most active SBA lenders for Candlewood Suites are GBank, Farmers State Bank of Alto Pass, Illinois, Florida Business Development Corporation, among others. A lender already active with your brand often moves faster.
What is Candlewood Suites's SBA charge-off rate?
Across Candlewood Suites's 51 SBA 7(a) loans, 0.0% have charged off. Read it as a relative track-record signal, not a prediction. It is not a lifetime default rate.
Which SBA program fits Candlewood Suites?
Both. Of Candlewood Suites's 116 SBA loans, 51 were 7(a) (franchise fee, build-out, equipment, working capital) and 65 were 504 (owner-occupied real estate). The median Candlewood Suites loan term is 25 years.