How much do lenders finance for a Cary Oil Company Inc franchise?

The median SBA loan approved for a Cary Oil Company Inc franchise is $1,298,000, with the middle 80% of loans between $344,000 and $3,119,700. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.

Which lenders finance Cary Oil Company Inc franchises?

By dollars approved, the most active SBA lenders for Cary Oil Company Inc have been PromiseOne Bank, Cogent Bank, HomeTrust Bank, Ameris Bank. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.

How long are Cary Oil Company Inc SBA loans?

The median term is 25 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.

Franchise financing

Financing a Cary Oil Company Inc franchise

SBA lenders have approved 37 loans against the Cary Oil Company Inc brand since FY2010, totalling $57.4M. The median approval was $1,298,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#614

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$1,298,000

Typical range

$344K-$3.1M

Middle 80% of loans

Median term

25 yr

Charge-off rate

Cohort too small

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Who financed Cary Oil Company Inc

Lender	Loans	Approved
PromiseOne Bank	3	$9.0M
Cogent Bank	2	$7.3M
HomeTrust Bank	3	$5.1M
Ameris Bank	2	$3.8M
Loyal Trust Bank	1	$3.1M
Celtic Bank Corporation	1	$2.7M
First Community Bank	3	$2.5M
Georgia's Own Credit Union	2	$2.4M

Geography

Where Cary Oil Company Inc units were financed

State	Loans	Share
Georgia	30
North Carolina	5
Kentucky	1
Indiana	1

Approvals by fiscal year

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count by fiscal year - a rough proxy for how fast the brand was opening units. Final bar is a partial year.

Loan sizes

$150K - $350K
14%
$350K - $1M
19%
$1M - $2M
41%
Over $2M
27%

Financing a Cary Oil Company Inc: common questions

How much do lenders finance for a Cary Oil Company Inc franchise?: The median SBA loan approved for a Cary Oil Company Inc franchise is $1,298,000, with the middle 80% of loans between $344,000 and $3,119,700. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.
Which lenders finance Cary Oil Company Inc franchises?: By dollars approved, the most active SBA lenders for Cary Oil Company Inc have been PromiseOne Bank, Cogent Bank, HomeTrust Bank, Ameris Bank. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.
How long are Cary Oil Company Inc SBA loans?: The median term is 25 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.

Compare other brands

Median loan size and charge-off rate across every franchise in the SBA record.

How SBA 7(a) works

The programme most franchise buyers use, explained end to end.

Buying a franchise with an SBA loan

Equity injection, the franchise directory, and what lenders check.

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