Franchise lender history
Lenders that funded Batteries Plus franchisees.
Loan-level SBA 7(a) FOIA data can show which lenders have actually funded a franchise system. Use this as a lender-research starting point, not an approval prediction.
71
SBA 7(a) loans in FOIA set
$33M
Gross approved dollars
2.82%
Naive charge-off incidence
Not cohort-seasoned. See methodology.
Top lenders for Batteries Plus
| Lender | Loans | Gross approved |
|---|---|---|
| The Huntington National Bank | 10 | $2M |
| SouthState Bank, National Association | 10 | $5M |
| ConnectOne Bank | 9 | $6M |
| First Bank of the Lake | 5 | $2M |
| Capital Bank, National Association | 2 | $844,500 |
| Wells Fargo Bank, N.A. | 2 | $699,800 |
| Gulf Coast Bank | 2 | $792,500 |
| Bank of America, National Association | 2 | $2M |
| Stellar Bank | 2 | $969,800 |
| Huron Valley State Bank | 2 | $425,000 |
| Community State Bank | 2 | $197,900 |
| Simmons Bank | 1 | $283,200 |
States appearing in the brand history
- Florida: 11 loans
- Texas: 10 loans
- Michigan: 7 loans
- North Carolina: 6 loans
- Illinois: 3 loans
- California: 3 loans
- Wisconsin: 3 loans
- Colorado: 3 loans
Data caveat
Recent loans have not seasoned long enough to compare default performance to older vintages. SourceFunding separates current lender activity from historical outcomes and avoids using recent cohorts as a definitive default-rate claim.