Franchise financing
MEINEKE franchise financing
What it costs to finance a MEINEKE 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
- 115
- Total funded
- $41.1M
- Median loan
- $260K
- 7(a) charge-off
- 17.5%
What financing a MEINEKE franchise costs
The median SBA loan to a MEINEKE franchisee is $260K, and the middle half of MEINEKE's 115 loans run $123K to $435K (average $357K). Across all SBA-financed franchises the median loan is $350K. MEINEKE 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 MEINEKE loan runs 10 years. Model your numbers with the franchise financing calculator.
Of the 107 MEINEKE loans where the SBA recorded a business age, 59.8% went to new businesses two years old or younger. The rest funded existing operations.
How to finance MEINEKE
MEINEKE franchisees have financed with 115 SBA loans since FY2010, averaging $357K each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (103 of the 115 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
MEINEKE's 7(a) charge-off rate is 17.5% across 103 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance MEINEKE
By SBA loan count
Where MEINEKE gets funded
Top states by loan count
- 1. Texas 19
- 2. North Carolina 10
- 3. Arizona 2
- 4. Florida 8
- 5. Pennsylvania 9
- 6. Georgia 4
- 7. Virginia 4
- 8. Michigan 4
Financing a MEINEKE?
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.
MEINEKE SBA financing FAQ
How much does a MEINEKE franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a MEINEKE franchisee is $260K, and the middle half of MEINEKE's 115 loans run $123K to $435K. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of MEINEKE's franchise disclosure document.
Can you use an SBA loan for MEINEKE?
Yes. Lenders have funded 115 SBA loans to MEINEKE franchisees, worth $41.1M in all, so MEINEKE is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for MEINEKE?
The data says yes: of MEINEKE's 107 SBA loans that record a business age, 59.8% 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 MEINEKE?
By loan count, the most active SBA lenders for MEINEKE are First National Bank of Pennsylvania, Stearns Bank National Association, Celtic Bank Corporation, among others. A lender already active with your brand often moves faster.
What is MEINEKE's SBA charge-off rate?
Across MEINEKE's 103 SBA 7(a) loans, 17.5% 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 MEINEKE?
Mostly 7(a): 103 of MEINEKE's 115 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median MEINEKE loan term is 10 years.