Franchise financing
Financing a The Greene Turtle franchise
SBA lenders have approved 13 loans against the The Greene Turtle brand since FY2010, totalling $16.2M. The median approval was $985,000. These are loans that actually closed - not projections from a disclosure document.
Rank by loan count
#1296
of 1,651 brands
Loans approved
13
FY2010 onward
Median loan
$985,000
Typical range
$100K-$2.8M
Middle 80% of loans
Median term
10.3 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 The Greene Turtle
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Wilmington Savings Fund Society | 3 | $4.7M | |
| TD Bank | 2 | $2.8M | |
| Beacon Bank and Trust | 1 | $2.2M | |
| Business Finance Group, Inc. | 2 | $2.1M | |
| Mid-Atlantic Federal Credit Union | 2 | $1.4M | |
| VelocitySBA, LLC | 1 | $1.1M | |
| EagleBank | 1 | $985K | |
| Delaware Community Development Corporation | 1 | $950K |
Geography
Where The Greene Turtle units were financed
| State | Loans | Share |
|---|---|---|
| Delaware | 4 | |
| Maryland | 3 | |
| Virginia | 3 | |
| New Jersey | 2 | |
| Pennsylvania | 1 |
Approvals by fiscal year
Loan count by fiscal year - a rough proxy for how fast the brand was opening units. Final bar is a partial year.
Loan sizes
- $50K - $150K15%
- $350K - $1M46%
- $1M - $2M15%
- Over $2M23%
Financing a The Greene Turtle: common questions
- How much do lenders finance for a The Greene Turtle franchise?
- The median SBA loan approved for a The Greene Turtle franchise is $985,000, with the middle 80% of loans between $100,000 and $2,775,000. 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 The Greene Turtle franchises?
- By dollars approved, the most active SBA lenders for The Greene Turtle have been Wilmington Savings Fund Society, TD Bank, Beacon Bank and Trust, Business Finance Group, Inc.. 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 The Greene Turtle SBA loans?
- The median term is 10.3 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.
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