How much do lenders finance for a Sport Clips franchise?

The median SBA loan approved for a Sport Clips franchise is $229,600, with the middle 80% of loans between $105,000 and $362,000. 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 Sport Clips franchises?

By dollars approved, the most active SBA lenders for Sport Clips have been Simmons Bank, Live Oak Banking Company, Wells Fargo Bank, PNC 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 Sport Clips 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.

Do Sport Clips SBA loans get charged off often?

8.3% of Sport Clips loans approved between FY2010 and FY2019 that have reached a terminal status were charged off, against 7.6% across all SBA lending. Franchise-level charge-off rates reflect the era a brand expanded in as much as the concept itself - brands that grew hardest into the 2010s carry more seasoned, and more resolved, loans.

Franchise financing

Financing a Sport Clips franchise

SBA lenders have approved 463 loans against the Sport Clips brand since FY2010, totalling $136.5M. The median approval was $229,600. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#21

of 1,651 brands

Loans approved

463

FY2010 onward

Median loan

$229,600

Typical range

$105K-$362K

Middle 80% of loans

Median term

10 yr

Charge-off rate

8.3%

325 resolved FY10-19 loans

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 Sport Clips

Lender	Loans	Approved
Simmons Bank	229	$50.2M
Live Oak Banking Company	19	$17.4M
Wells Fargo Bank	56	$14.9M
PNC Bank	8	$8.1M
The Huntington National Bank	25	$5.6M
Wilmington Savings Fund Society	16	$3.7M
The Bancorp Bank	15	$3.6M
Village Bank and Trust	6	$3.1M

Geography

Where Sport Clips units were financed

State	Loans	Share
Illinois	40
Florida	35
Texas	35
California	32
Ohio	32
Pennsylvania	22
Georgia	21
Indiana	19

Approvals by fiscal year

’13

’14

’15

’16

’17

’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

Under $50K
4%
$50K - $150K
9%
$150K - $350K
75%
$350K - $1M
10%
$1M - $2M
2%
Over $2M
1%

Financing a Sport Clips: common questions

How much do lenders finance for a Sport Clips franchise?: The median SBA loan approved for a Sport Clips franchise is $229,600, with the middle 80% of loans between $105,000 and $362,000. 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 Sport Clips franchises?: By dollars approved, the most active SBA lenders for Sport Clips have been Simmons Bank, Live Oak Banking Company, Wells Fargo Bank, PNC 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 Sport Clips 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.
Do Sport Clips SBA loans get charged off often?: 8.3% of Sport Clips loans approved between FY2010 and FY2019 that have reached a terminal status were charged off, against 7.6% across all SBA lending. Franchise-level charge-off rates reflect the era a brand expanded in as much as the concept itself - brands that grew hardest into the 2010s carry more seasoned, and more resolved, loans.

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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