How much do lenders finance for a Radio Shack franchise?

The median SBA loan approved for a Radio Shack franchise is $160,000, with the middle 80% of loans between $25,000 and $300,000. 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 Radio Shack franchises?

By dollars approved, the most active SBA lenders for Radio Shack have been Wells Fargo Bank, Farmers and Merchants State Bank of Pierz, UMB Bank, Old National 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 Radio Shack SBA loans?

The median term is 7 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 Radio Shack franchise

SBA lenders have approved 13 loans against the Radio Shack brand since FY2010, totalling $3.0M. The median approval was $160,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1316

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$160,000

Typical range

$25K-$300K

Middle 80% of loans

Median term

7 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 Radio Shack

Lender	Loans	Approved
Wells Fargo Bank	1	$1.3M
Farmers and Merchants State Bank of Pierz	1	$300K
UMB Bank	1	$250K
Old National Bank	1	$225K
Citizens Equity First Credit Union	1	$220K
BankIowa	1	$160K
Security State Bank	1	$160K
The Huntington National Bank	1	$121K

Geography

Where Radio Shack units were financed

State	Loans	Share
Michigan	3
Illinois	2
Louisiana	1
Maine	1
Missouri	1
Iowa	1
Wyoming	1
Indiana	1

Approvals by fiscal year

’10

’11

’12

’13

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
23%
$50K - $150K
23%
$150K - $350K
46%
$1M - $2M
8%

Financing a Radio Shack: common questions

How much do lenders finance for a Radio Shack franchise?: The median SBA loan approved for a Radio Shack franchise is $160,000, with the middle 80% of loans between $25,000 and $300,000. 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 Radio Shack franchises?: By dollars approved, the most active SBA lenders for Radio Shack have been Wells Fargo Bank, Farmers and Merchants State Bank of Pierz, UMB Bank, Old National 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 Radio Shack SBA loans?: The median term is 7 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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