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Franchises›Elite Home Fitness
SBA Franchise IDS7540

SBA Loans for Elite Home Fitness Franchises

Who actually funds Elite Home Fitness SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2023 to 2023.

2
SBA 7(a) loans
$580K
Total approved
$290K
Avg loan size
1
Lenders

Top lenders funding Elite Home Fitness SBA loans

Ranked by number of Elite Home Fitness 7(a) loans approved since 2023.

#LenderLoansTotal VolumeAvg Loan
1The Huntington National Bank2$580K$290K

Source: SBA FOIA 7(a) loan-level data, 2023 to 2023. Shows lenders with at least one approved Elite Home Fitness loan in this period, ranked by loan count.

Elite Home Fitness SBA loans by state

StateLoansTotal VolumeAvg Loan
VA2$580K$290K

Elite Home Fitness SBA loans by year

FY2023
2
$580K

How Elite Home Fitness SBA loans have performed

Outcomes for every funded Elite Home Fitness 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
1 of 2
50.0% · SBA paid out on the guaranty
Charged off
1 of 2
50.0% · Written off (part of defaulted)
Paid in full
0 of 2
0.0% · Loan fully repaid
Still active
1 of 2
50.0% · Open and not in default

Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.

How to use this

The lenders above have actually closed SBA 7(a) loans for Elite Home Fitness franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.

A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Elite Home Fitness deal to a lender currently funding this brand.

Financing a Elite Home Fitness franchise?

We know which lenders are actively funding Elite Home Fitness deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).