How much do lenders finance for a Einstein Bros. Bagels franchise?

The median SBA loan approved for a Einstein Bros. Bagels franchise is $500,000, with the middle 80% of loans between $200,000 and $834,000. 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 Einstein Bros. Bagels franchises?

By dollars approved, the most active SBA lenders for Einstein Bros. Bagels have been Farmers State Bank, First Financial Bank, Evolve Bank and Trust, Busey 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 Einstein Bros. Bagels SBA loans?

The median term is 10 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 Einstein Bros. Bagels franchise

SBA lenders have approved 20 loans against the Einstein Bros. Bagels brand since FY2010, totalling $10.6M. The median approval was $500,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#968

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$500,000

Typical range

$200K-$834K

Middle 80% of loans

Median term

10 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 Einstein Bros. Bagels

Lender	Loans	Approved
Farmers State Bank	2	$1.6M
First Financial Bank	1	$1.5M
Evolve Bank and Trust	2	$1.0M
Busey Bank	1	$850K
Capital One	1	$834K
Village Bank and Trust	2	$740K
Seacoast National Bank	1	$632K
ELGA Credit Union	1	$613K

Geography

Where Einstein Bros. Bagels units were financed

State	Loans	Share
Illinois	5
Florida	4
Ohio	2
Nebraska	2
Connecticut	1
California	1
Georgia	1
Michigan	1

Approvals by fiscal year

’13

’14

’15

’16

’17

’18

’24

’25

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

Loan sizes

Under $50K
5%
$50K - $150K
5%
$150K - $350K
15%
$350K - $1M
70%
$1M - $2M
5%

Financing a Einstein Bros. Bagels: common questions

How much do lenders finance for a Einstein Bros. Bagels franchise?: The median SBA loan approved for a Einstein Bros. Bagels franchise is $500,000, with the middle 80% of loans between $200,000 and $834,000. 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 Einstein Bros. Bagels franchises?: By dollars approved, the most active SBA lenders for Einstein Bros. Bagels have been Farmers State Bank, First Financial Bank, Evolve Bank and Trust, Busey 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 Einstein Bros. Bagels SBA loans?: The median term is 10 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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