Franchise financing
Floor Coverings International franchise financing
What it costs to finance a Floor Coverings International 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
- 160
- Total funded
- $28.3M
- Median loan
- $150K
- 7(a) charge-off
- 6.3%
What financing a Floor Coverings International franchise costs
The median SBA loan to a Floor Coverings International franchisee is $150K, and the middle half of Floor Coverings International's 160 loans run $125K to $246K (average $177K). Across all SBA-financed franchises the median loan is $350K. Floor Coverings International buyers borrow less 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 Floor Coverings International loan runs 10 years. Model your numbers with the franchise financing calculator.
Of the 158 Floor Coverings International loans where the SBA recorded a business age, 94.3% went to new businesses two years old or younger. The rest funded existing operations.
How to finance Floor Coverings International
Floor Coverings International franchisees have financed with 160 SBA loans since FY2010, averaging $177K each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (160 of the 160 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
Floor Coverings International's 7(a) charge-off rate is 6.3% across 160 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance Floor Coverings International
By SBA loan count
Where Floor Coverings International gets funded
Top states by loan count
- 1. Texas 27
- 2. Georgia 13
- 3. Florida 12
- 4. Ohio 10
- 5. Illinois 8
- 6. California 9
- 7. Colorado 8
- 8. Virginia 7
Financing a Floor Coverings International?
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.
Floor Coverings International SBA financing FAQ
How much does a Floor Coverings International franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a Floor Coverings International franchisee is $150K, and the middle half of Floor Coverings International's 160 loans run $125K to $246K. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of Floor Coverings International's franchise disclosure document.
Can you use an SBA loan for Floor Coverings International?
Yes. Lenders have funded 160 SBA loans to Floor Coverings International franchisees, worth $28.3M in all, so Floor Coverings International is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for Floor Coverings International?
The data says yes: of Floor Coverings International's 158 SBA loans that record a business age, 94.3% 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 Floor Coverings International?
By loan count, the most active SBA lenders for Floor Coverings International are The Huntington National Bank, United Midwest Savings Bank National Association, Citizens Bank, among others. A lender already active with your brand often moves faster.
What is Floor Coverings International's SBA charge-off rate?
Across Floor Coverings International's 160 SBA 7(a) loans, 6.3% 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 Floor Coverings International?
Mostly 7(a): 160 of Floor Coverings International's 160 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median Floor Coverings International loan term is 10 years.