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FRANCHISE BRAND· Mobile Food Services

SBA loans for Canteen

16 SBA loans have financed Canteen locations since 2002, written by 7 different lenders across 5 states. Half were approved for $603K or less, the mix is almost entirely 7(a), and 6% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
16
none in last 5 yrs
Median approval
$603K
90th pct $1.9M
Total approved
$14.5M
all years
To new owners
6%
1 loans
Lenders
7
5 states
No SBA loan has been recorded for this brand in the last five years. That can mean the brand stopped franchising, was renamed, or is now recorded under a different name in the SBA extract. Treat the numbers above as history, not as current appetite.

The lenders that fund Canteen

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
De Witt, IA
Canteen loans
7
In last 5 yrs
0
Typical loan
$226K
To new owners
0%
Last approval
Jul 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Pine Bluff, AR
Canteen loans
2
In last 5 yrs
0
Typical loan
$3.5M
To new owners
0%
Last approval
Jun 2013
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Chicago, IL
Canteen loans
2
In last 5 yrs
0
Typical loan
$849K
To new owners
0%
Last approval
Dec 2010
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Cincinnati, OH
Canteen loans
2
In last 5 yrs
0
Typical loan
$553K
To new owners
0%
Last approval
Sep 2003
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Jefferson City, MO
Canteen loans
1
In last 5 yrs
0
Typical loan
$1.6M
To new owners
0%
Last approval
Oct 2015
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Memphis, TN
Canteen loans
1
In last 5 yrs
0
Typical loan
$645K
To new owners
100%
Last approval
May 2008
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
Madison, WI
Canteen loans
1
In last 5 yrs
0
Typical loan
$740K
To new owners
0%
Last approval
Aug 2007
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.