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FRANCHISE BRAND· Drycleaning and Laundry Services (except Coin-Operated)

SBA loans for Crdn

4 SBA loans have financed Crdn locations since 2019, written by 4 different lenders across 3 states. Half were approved for $1.6M or less, the mix is almost entirely 7(a), and 0% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
4
3 in last 5 yrs
Median approval
$1.6M
90th pct $3.4M
Total approved
$7.2M
all years
To new owners
0%
0 loans
Lenders
4
3 states

The lenders that fund Crdn

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
Lyons, GA
Crdn loans
1
In last 5 yrs
1
Typical loan
$1.9M
To new owners
0%
Last approval
May 2026
2
Salt Lake City, UT
Crdn loans
1
In last 5 yrs
1
Typical loan
$50K
To new owners
0%
Last approval
May 2026
3
Grand Rapids, MI
Crdn loans
1
In last 5 yrs
1
Typical loan
$4.0M
To new owners
0%
Last approval
May 2026
4
Cincinnati, OH
Crdn loans
1
In last 5 yrs
0
Typical loan
$1.2M
To new owners
0%
Last approval
Jun 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.