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FRANCHISE BRAND· Snack and Nonalcoholic Beverage Bars

SBA loans for Ritter's Frozen Custard

66 SBA loans have financed Ritter's Frozen Custard locations since 1996, written by 22 different lenders across 8 states. Half were approved for $254K or less, the mix is a mix of 7(a) and 504, and 47% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
66
6 in last 5 yrs
Median approval
$254K
90th pct $748K
Total approved
$22.7M
all years
To new owners
47%
31 loans
Lenders
22
8 states

The lenders that fund Ritter's Frozen Custard

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
Columbus, OH
Ritter's Frozen Custard loans
7
In last 5 yrs
2
Typical loan
$429K
To new owners
43%
Last approval
Apr 2025
2
Wilmington, DE
Ritter's Frozen Custard loans
2
In last 5 yrs
2
Typical loan
$43K
To new owners
0%
Last approval
Jan 2023
3
Louisville, KY
Ritter's Frozen Custard loans
4
In last 5 yrs
1
Typical loan
$178K
To new owners
25%
Last approval
Jul 2021
4
Chicago, IL
Ritter's Frozen Custard loans
1
In last 5 yrs
1
Typical loan
$660K
To new owners
0%
Last approval
Aug 2022
5
Sioux Falls, SD
Ritter's Frozen Custard loans
22
In last 5 yrs
0
Typical loan
$396K
To new owners
45%
Last approval
Feb 2006
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Indianapolis, IN
Ritter's Frozen Custard loans
6
In last 5 yrs
0
Typical loan
$247K
To new owners
50%
Last approval
Aug 2004
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
Indianapolis, IN
Ritter's Frozen Custard loans
5
In last 5 yrs
0
Typical loan
$214K
To new owners
80%
Last approval
Nov 2003
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
8
Michigan City, IN
Ritter's Frozen Custard loans
3
In last 5 yrs
0
Typical loan
$320K
To new owners
33%
Last approval
Mar 2014
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
9
Cleveland, OH
Ritter's Frozen Custard loans
2
In last 5 yrs
0
Typical loan
$597K
To new owners
50%
Last approval
Jun 2017
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
10
Tampa, FL
Ritter's Frozen Custard loans
2
In last 5 yrs
0
Typical loan
$319K
To new owners
50%
Last approval
Mar 2003
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
11
Warsaw, IN
Ritter's Frozen Custard loans
1
In last 5 yrs
0
Typical loan
$100K
To new owners
0%
Last approval
Apr 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
12
Houston, TX
Ritter's Frozen Custard loans
1
In last 5 yrs
0
Typical loan
$448K
To new owners
100%
Last approval
Nov 2015
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.