Franchise financing
GREAT CLIPS franchise financing
What it costs to finance a GREAT CLIPS 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
- 300
- Total funded
- $96.5M
- Median loan
- $150K
- 7(a) charge-off
- 1.7%
What financing a GREAT CLIPS franchise costs
The median SBA loan to a GREAT CLIPS franchisee is $150K, and the middle half of GREAT CLIPS's 300 loans run $110K to $248K (average $322K). Across all SBA-financed franchises the median loan is $350K. GREAT CLIPS 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 GREAT CLIPS loan runs 10 years. Model your numbers with the franchise financing calculator.
Of the 286 GREAT CLIPS loans where the SBA recorded a business age, 48.9% went to new businesses two years old or younger. The rest funded existing operations.
How to finance GREAT CLIPS
GREAT CLIPS franchisees have financed with 300 SBA loans since FY2010, averaging $322K each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (300 of the 300 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
GREAT CLIPS's 7(a) charge-off rate is 1.7% across 300 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance GREAT CLIPS
By SBA loan count
Where GREAT CLIPS gets funded
Top states by loan count
- 1. Texas 52
- 2. Illinois 7
- 3. Indiana 4
- 4. Virginia 14
- 5. Utah 2
- 6. Michigan 20
- 7. North Carolina 4
- 8. Ohio 12
Financing a GREAT CLIPS?
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.
GREAT CLIPS SBA financing FAQ
How much does a GREAT CLIPS franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a GREAT CLIPS franchisee is $150K, and the middle half of GREAT CLIPS's 300 loans run $110K to $248K. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of GREAT CLIPS's franchise disclosure document.
Can you use an SBA loan for GREAT CLIPS?
Yes. Lenders have funded 300 SBA loans to GREAT CLIPS franchisees, worth $96.5M in all, so GREAT CLIPS is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for GREAT CLIPS?
The data says yes: of GREAT CLIPS's 286 SBA loans that record a business age, 48.9% 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 GREAT CLIPS?
By loan count, the most active SBA lenders for GREAT CLIPS are Wells Fargo Bank National Association, Stearns Bank National Association, PNC Bank, National Association, among others. A lender already active with your brand often moves faster.
What is GREAT CLIPS's SBA charge-off rate?
Across GREAT CLIPS's 300 SBA 7(a) loans, 1.7% 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 GREAT CLIPS?
Mostly 7(a): 300 of GREAT CLIPS's 300 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median GREAT CLIPS loan term is 10 years.