Franchise financing
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchise financing
What it costs to finance a Sleep Inn by Choice Hotels/Sleep 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
- 137
- Total funded
- $406.5M
- Median loan
- $2.8M
- 7(a) charge-off
- 0.0%
What financing a Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchise costs
The median SBA loan to a Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchisee is $2.8M, and the middle half of Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's 137 loans run $2.1M to $4.1M (average $3.0M). Across all SBA-financed franchises the median loan is $350K. Sleep Inn by Choice Hotels/Sleep 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 Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels loan runs 25 years. Model your numbers with the franchise financing calculator.
Of the 124 Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels loans where the SBA recorded a business age, 27.4% went to new businesses two years old or younger. The rest funded existing operations.
How to finance Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchisees have financed with 137 SBA loans since FY2010, averaging $3.0M each. Of those, 103 ran through the 7(a) program (franchise fee, build-out, equipment, and working capital) and 34 through 504 (owner-occupied real estate). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's 7(a) charge-off rate is 0.0% across 103 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels
By SBA loan count
- 1. GBank 27
- 2. Peoples Bank 5
- 3. Celtic Bank Corporation 5
- 4. First Western SBLC, Inc 4
- 5. Millennium Bank 4
- 6. Readycap Lending, LLC 2
- 7. The Huntington National Bank 2
- 8. Metro City Bank 2
Get matched to a Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels lender →
Where Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels gets funded
Top states by loan count
- 1. Florida 14
- 2. South Carolina 13
- 3. Georgia 10
- 4. North Carolina 9
- 5. Texas 12
- 6. Illinois 11
- 7. Wisconsin 7
- 8. Indiana 6
Financing a Sleep Inn by Choice Hotels/Sleep 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.
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels SBA financing FAQ
How much does a Sleep Inn by Choice Hotels/Sleep 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 Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchisee is $2.8M, and the middle half of Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's 137 loans run $2.1M to $4.1M. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's franchise disclosure document.
Can you use an SBA loan for Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels?
Yes. Lenders have funded 137 SBA loans to Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchisees, worth $406.5M in all, so Sleep Inn by Choice Hotels/Sleep 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 Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels?
The data says yes: of Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's 124 SBA loans that record a business age, 27.4% 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 Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels?
By loan count, the most active SBA lenders for Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels are GBank, Peoples Bank, Celtic Bank Corporation, among others. A lender already active with your brand often moves faster.
What is Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's SBA charge-off rate?
Across Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's 103 SBA 7(a) loans, 0.0% 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 Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels?
Both. Of Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels's 137 SBA loans, 103 were 7(a) (franchise fee, build-out, equipment, working capital) and 34 were 504 (owner-occupied real estate). The median Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels loan term is 25 years.