How much do lenders finance for a Red Mango franchise?

The median SBA loan approved for a Red Mango franchise is $229,600, with the middle 80% of loans between $150,000 and $967,500. 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 Red Mango franchises?

By dollars approved, the most active SBA lenders for Red Mango have been PNC Bank, Banco Popular de Puerto Rico, New York Business Development Corporation, FirstBank Puerto Rico. 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 Red Mango SBA loans?

The median term is 9.9 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 Red Mango franchise

SBA lenders have approved 15 loans against the Red Mango brand since FY2010, totalling $6.5M. The median approval was $229,600. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1196

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$229,600

Typical range

$150K-$968K

Middle 80% of loans

Median term

9.9 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 Red Mango

Lender	Loans	Approved
PNC Bank	1	$2.3M
Banco Popular de Puerto Rico	2	$1.2M
New York Business Development Corporation	1	$440K
FirstBank Puerto Rico	2	$438K
Truist Bank	1	$416K
Bank of Hope	2	$400K
Milestone Bank	1	$375K
JPMorgan Chase Bank	2	$296K

Geography

Where Red Mango units were financed

State	Loans	Share
New York	4
Puerto Rico	4
Illinois	3
Virginia	2
Texas	1
California	1

Approvals by fiscal year

’12

’13

’14

’15

’16

’17

’18

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 - $150K
7%
$150K - $350K
60%
$350K - $1M
27%
Over $2M
7%

Financing a Red Mango: common questions

How much do lenders finance for a Red Mango franchise?: The median SBA loan approved for a Red Mango franchise is $229,600, with the middle 80% of loans between $150,000 and $967,500. 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 Red Mango franchises?: By dollars approved, the most active SBA lenders for Red Mango have been PNC Bank, Banco Popular de Puerto Rico, New York Business Development Corporation, FirstBank Puerto Rico. 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 Red Mango SBA loans?: The median term is 9.9 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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