Franchise financing
Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels franchise financing
What it costs to finance a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels 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
- 147
- Total funded
- $296.8M
- Median loan
- $1.7M
- 7(a) charge-off
- 0.8%
What financing a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels franchise costs
The median SBA loan to a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels franchisee is $1.7M, and the middle half of Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's 147 loans run $1.1M to $2.7M (average $2.0M). Across all SBA-financed franchises the median loan is $350K. Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels 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 Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels loan runs 25 years. Model your numbers with the franchise financing calculator.
Of the 133 Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels loans where the SBA recorded a business age, 18.1% went to new businesses two years old or younger. The rest funded existing operations.
How to finance Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels
Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels franchisees have financed with 147 SBA loans since FY2010, averaging $2.0M each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (133 of the 147 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's 7(a) charge-off rate is 0.8% across 133 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels
By SBA loan count
- 1. GBank 22
- 2. Celtic Bank Corporation 9
- 3. Open Bank 7
- 4. The Huntington National Bank 3
- 5. First Western SBLC, Inc 8
- 6. PCB Bank 4
- 7. Millennium Bank 4
- 8. New Omni Bank, National Association 2
Get matched to a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels lender →
Where Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels gets funded
Top states by loan count
- 1. California 16
- 2. North Carolina 14
- 3. Pennsylvania 10
- 4. Texas 8
- 5. Georgia 10
- 6. Colorado 8
- 7. Florida 13
- 8. Virginia 4
Financing a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels?
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.
Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels SBA financing FAQ
How much does a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels franchisee is $1.7M, and the middle half of Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's 147 loans run $1.1M to $2.7M. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's franchise disclosure document.
Can you use an SBA loan for Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels?
Yes. Lenders have funded 147 SBA loans to Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels franchisees, worth $296.8M in all, so Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels?
The data says yes: of Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's 133 SBA loans that record a business age, 18.1% 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 Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels?
By loan count, the most active SBA lenders for Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels are GBank, Celtic Bank Corporation, Open Bank, among others. A lender already active with your brand often moves faster.
What is Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's SBA charge-off rate?
Across Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's 133 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 Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels?
Mostly 7(a): 133 of Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels's 147 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels loan term is 25 years.