Franchise financing
SportClips franchise financing
What it costs to finance a SportClips 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
- 131
- Total funded
- $57.6M
- Median loan
- $280K
- 7(a) charge-off
- 2.3%
What financing a SportClips franchise costs
The median SBA loan to a SportClips franchisee is $280K, and the middle half of SportClips's 131 loans run $228K to $350K (average $440K). Across all SBA-financed franchises the median loan is $350K. SportClips 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 SportClips loan runs 10 years. Model your numbers with the franchise financing calculator.
Of the 121 SportClips loans where the SBA recorded a business age, 60.3% went to new businesses two years old or younger. The rest funded existing operations.
How to finance SportClips
SportClips franchisees have financed with 131 SBA loans since FY2010, averaging $440K each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (131 of the 131 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
SportClips's 7(a) charge-off rate is 2.3% across 131 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance SportClips
By SBA loan count
Where SportClips gets funded
Top states by loan count
- 1. Texas 14
- 2. Illinois 12
- 3. Minnesota 4
- 4. Wisconsin 5
- 5. Florida 13
- 6. North Carolina 6
- 7. Colorado 5
- 8. Indiana 7
Financing a SportClips?
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.
SportClips SBA financing FAQ
How much does a SportClips franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a SportClips franchisee is $280K, and the middle half of SportClips's 131 loans run $228K to $350K. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of SportClips's franchise disclosure document.
Can you use an SBA loan for SportClips?
Yes. Lenders have funded 131 SBA loans to SportClips franchisees, worth $57.6M in all, so SportClips is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for SportClips?
The data says yes: of SportClips's 121 SBA loans that record a business age, 60.3% 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 SportClips?
By loan count, the most active SBA lenders for SportClips are Live Oak Banking Company, Simmons Bank, Wells Fargo Bank National Association, among others. A lender already active with your brand often moves faster.
What is SportClips's SBA charge-off rate?
Across SportClips's 131 SBA 7(a) loans, 2.3% 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 SportClips?
Mostly 7(a): 131 of SportClips's 131 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median SportClips loan term is 10 years.