Franchise financing
SPORT CLIPS franchise financing
What it costs to finance a SPORT 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
- 322
- Total funded
- $74.7M
- Median loan
- $218K
- 7(a) charge-off
- 6.5%
What financing a SPORT CLIPS franchise costs
The median SBA loan to a SPORT CLIPS franchisee is $218K, and the middle half of SPORT CLIPS's 322 loans run $184K to $254K (average $232K). Across all SBA-financed franchises the median loan is $350K. SPORT 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 SPORT CLIPS loan runs 10 years. Model your numbers with the franchise financing calculator.
Of the 299 SPORT CLIPS loans where the SBA recorded a business age, 61.5% went to new businesses two years old or younger. The rest funded existing operations.
How to finance SPORT CLIPS
SPORT CLIPS franchisees have financed with 322 SBA loans since FY2010, averaging $232K each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (322 of the 322 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
SPORT CLIPS's 7(a) charge-off rate is 6.5% across 322 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance SPORT CLIPS
By SBA loan count
Where SPORT CLIPS gets funded
Top states by loan count
- 1. Illinois 28
- 2. California 29
- 3. Ohio 27
- 4. Indiana 12
- 5. Florida 22
- 6. Texas 20
- 7. Georgia 15
- 8. Tennessee 11
Financing a SPORT 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.
SPORT CLIPS SBA financing FAQ
How much does a SPORT CLIPS franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a SPORT CLIPS franchisee is $218K, and the middle half of SPORT CLIPS's 322 loans run $184K to $254K. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of SPORT CLIPS's franchise disclosure document.
Can you use an SBA loan for SPORT CLIPS?
Yes. Lenders have funded 322 SBA loans to SPORT CLIPS franchisees, worth $74.7M in all, so SPORT CLIPS is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for SPORT CLIPS?
The data says yes: of SPORT CLIPS's 299 SBA loans that record a business age, 61.5% 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 SPORT CLIPS?
By loan count, the most active SBA lenders for SPORT CLIPS are Simmons Bank, Wells Fargo Bank National Association, The Bancorp Bank National Association, among others. A lender already active with your brand often moves faster.
What is SPORT CLIPS's SBA charge-off rate?
Across SPORT CLIPS's 322 SBA 7(a) loans, 6.5% 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 SPORT CLIPS?
Mostly 7(a): 322 of SPORT CLIPS's 322 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median SPORT CLIPS loan term is 10 years.