Franchise financing
TRUE VALUE HARDWARE franchise financing
What it costs to finance a TRUE VALUE HARDWARE 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
- 111
- Total funded
- $59.6M
- Median loan
- $375K
- 7(a) charge-off
- 5.7%
What financing a TRUE VALUE HARDWARE franchise costs
The median SBA loan to a TRUE VALUE HARDWARE franchisee is $375K, and the middle half of TRUE VALUE HARDWARE's 111 loans run $194K to $675K (average $537K). Across all SBA-financed franchises the median loan is $350K. TRUE VALUE HARDWARE 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 TRUE VALUE HARDWARE loan runs 15 years. Model your numbers with the franchise financing calculator.
Of the 104 TRUE VALUE HARDWARE loans where the SBA recorded a business age, 20.2% went to new businesses two years old or younger. The rest funded existing operations.
How to finance TRUE VALUE HARDWARE
TRUE VALUE HARDWARE franchisees have financed with 111 SBA loans since FY2010, averaging $537K each. Of those, 88 ran through the 7(a) program (franchise fee, build-out, equipment, and working capital) and 23 through 504 (owner-occupied real estate). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
TRUE VALUE HARDWARE's 7(a) charge-off rate is 5.7% across 88 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance TRUE VALUE HARDWARE
By SBA loan count
- 1. Newtek Small Business Finance, Inc. 17
- 2. National Cooperative Bank, National Association 7
- 3. PNC Bank, National Association 5
- 4. Wells Fargo Bank National Association 4
- 5. Celtic Bank Corporation 1
- 6. The Huntington National Bank 7
- 7. Small Business Growth Corporation 2
- 8. United Community Bank 1
Where TRUE VALUE HARDWARE gets funded
Top states by loan count
- 1. Pennsylvania 11
- 2. Colorado 4
- 3. California 8
- 4. Illinois 9
- 5. Missouri 7
- 6. Michigan 9
- 7. New York 6
- 8. Alaska 2
Financing a TRUE VALUE HARDWARE?
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.
TRUE VALUE HARDWARE SBA financing FAQ
How much does a TRUE VALUE HARDWARE franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a TRUE VALUE HARDWARE franchisee is $375K, and the middle half of TRUE VALUE HARDWARE's 111 loans run $194K to $675K. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of TRUE VALUE HARDWARE's franchise disclosure document.
Can you use an SBA loan for TRUE VALUE HARDWARE?
Yes. Lenders have funded 111 SBA loans to TRUE VALUE HARDWARE franchisees, worth $59.6M in all, so TRUE VALUE HARDWARE is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for TRUE VALUE HARDWARE?
The data says yes: of TRUE VALUE HARDWARE's 104 SBA loans that record a business age, 20.2% 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 TRUE VALUE HARDWARE?
By loan count, the most active SBA lenders for TRUE VALUE HARDWARE are Newtek Small Business Finance, Inc., National Cooperative Bank, National Association, PNC Bank, National Association, among others. A lender already active with your brand often moves faster.
What is TRUE VALUE HARDWARE's SBA charge-off rate?
Across TRUE VALUE HARDWARE's 88 SBA 7(a) loans, 5.7% 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 TRUE VALUE HARDWARE?
Both. Of TRUE VALUE HARDWARE's 111 SBA loans, 88 were 7(a) (franchise fee, build-out, equipment, working capital) and 23 were 504 (owner-occupied real estate). The median TRUE VALUE HARDWARE loan term is 15 years.