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FRANCHISE BRAND· Electronics and Appliance Retailers

SBA loans for Device Pitstop

6 SBA loans have financed Device Pitstop locations since 2014, written by 4 different lenders across 4 states. Half were approved for $115K or less, the mix is almost entirely 7(a), and 67% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
6
2 in last 5 yrs
Median approval
$115K
90th pct $333K
Total approved
$951K
all years
To new owners
67%
4 loans
Lenders
4
4 states

The lenders that fund Device Pitstop

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
Pikeville, KY
Device Pitstop loans
2
In last 5 yrs
2
Typical loan
$200K
To new owners
0%
Last approval
May 2023
2
Evansville, IN
Device Pitstop loans
2
In last 5 yrs
0
Typical loan
$103K
To new owners
100%
Last approval
Sep 2014
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Columbus, OH
Device Pitstop loans
1
In last 5 yrs
0
Typical loan
$30K
To new owners
100%
Last approval
Oct 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Sioux Falls, SD
Device Pitstop loans
1
In last 5 yrs
0
Typical loan
$316K
To new owners
100%
Last approval
May 2016
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.