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FRANCHISE BRAND· Full-Service Restaurants

SBA loans for Oil-X-Change

6 SBA loans have financed Oil-X-Change locations since 1995, written by 4 different lenders across 3 states. Half were approved for $241K or less, the mix is almost entirely 7(a), and 50% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
6
none in last 5 yrs
Median approval
$241K
90th pct $1.1M
Total approved
$2.9M
all years
To new owners
50%
3 loans
Lenders
4
3 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 Oil-X-Change

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
Wilmington, DE
Oil-X-Change loans
3
In last 5 yrs
0
Typical loan
$768K
To new owners
33%
Last approval
Jul 2011
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Terre Haute, IN
Oil-X-Change loans
1
In last 5 yrs
0
Typical loan
$382K
To new owners
100%
Last approval
Nov 2009
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
Oil-X-Change loans
1
In last 5 yrs
0
Typical loan
$100K
To new owners
100%
Last approval
Feb 1999
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Columbus, OH
Oil-X-Change loans
1
In last 5 yrs
0
Typical loan
$100K
To new owners
0%
Last approval
Aug 1995
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.