Franchise financing
ECONO LODGE franchise financing
What it costs to finance a ECONO LODGE 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
- 144
- Total funded
- $211.2M
- Median loan
- $1.2M
- 7(a) charge-off
- 0.8%
What financing a ECONO LODGE franchise costs
The median SBA loan to a ECONO LODGE franchisee is $1.2M, and the middle half of ECONO LODGE's 144 loans run $750K to $2.0M (average $1.5M). Across all SBA-financed franchises the median loan is $350K. ECONO LODGE 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 ECONO LODGE loan runs 25 years. Model your numbers with the franchise financing calculator.
Of the 132 ECONO LODGE loans where the SBA recorded a business age, 27.3% went to new businesses two years old or younger. The rest funded existing operations.
How to finance ECONO LODGE
ECONO LODGE franchisees have financed with 144 SBA loans since FY2010, averaging $1.5M each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (125 of the 144 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
ECONO LODGE's 7(a) charge-off rate is 0.8% across 125 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance ECONO LODGE
By SBA loan count
Where ECONO LODGE gets funded
Top states by loan count
- 1. California 16
- 2. Washington 8
- 3. Georgia 15
- 4. Texas 7
- 5. Colorado 6
- 6. Ohio 10
- 7. Pennsylvania 7
- 8. North Carolina 7
Financing a ECONO LODGE?
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.
ECONO LODGE SBA financing FAQ
How much does a ECONO LODGE franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a ECONO LODGE franchisee is $1.2M, and the middle half of ECONO LODGE's 144 loans run $750K to $2.0M. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of ECONO LODGE's franchise disclosure document.
Can you use an SBA loan for ECONO LODGE?
Yes. Lenders have funded 144 SBA loans to ECONO LODGE franchisees, worth $211.2M in all, so ECONO LODGE is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for ECONO LODGE?
The data says yes: of ECONO LODGE's 132 SBA loans that record a business age, 27.3% 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 ECONO LODGE?
By loan count, the most active SBA lenders for ECONO LODGE are PromiseOne Bank, Commonwealth Business Bank, Columbia Bank, among others. A lender already active with your brand often moves faster.
What is ECONO LODGE's SBA charge-off rate?
Across ECONO LODGE's 125 SBA 7(a) loans, 0.8% 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 ECONO LODGE?
Mostly 7(a): 125 of ECONO LODGE's 144 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median ECONO LODGE loan term is 25 years.