SBA Loans for K1 Speed Franchises
Who actually funds K1 Speed 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.
Top lenders funding K1 Speed SBA loans
Ranked by number of K1 Speed 7(a) loans approved since 2023.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | California Bank of Commerce, NA | 1 | $2.0M | $2.0M |
| 1 | Old National Bank | 1 | $5.0M | $5.0M |
Source: SBA FOIA 7(a) loan-level data, 2023 to 2023. Shows lenders with at least one approved K1 Speed loan in this period, ranked by loan count.
K1 Speed SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| MI | 1 | $5.0M | $5.0M |
| AR | 1 | $2.0M | $2.0M |
K1 Speed SBA loans by year
How K1 Speed SBA loans have performed
Outcomes for every funded K1 Speed 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
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 K1 Speed 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 K1 Speed deal to a lender currently funding this brand.
Financing a K1 Speed franchise?
We know which lenders are actively funding K1 Speed deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).