Market
Counts of loans in scope, FY2024 to FY2026, from SBA data as of September 30, 2026. Loan size is the SBA loan, not the purchase price.
Acquisitions (SBA 7(a), change of ownership)
11,743loans
$20810.7Mtotal approved
15.4%franchise share
By state (top 15)
Loan size
What is being financed (top industries)
Who finances (top lenders)
Top franchise brands
By fiscal year, FY2020 to FY2026
All loans meeting the same size rule, 7(a) change of ownership. Fiscal years run October 1 to September 30.
| Fiscal year | Loans | Total approved |
|---|---|---|
| FY2020 | 2,821 | $4534.4M |
| FY2021 | 3,730 | $6272.0M |
| FY2022 | 2,801 | $4932.3M |
| FY2023 | 2,762 | $4594.9M |
| FY2024 | 3,294 | $5626.1M |
| FY2025 | 4,234 | $7441.4M |
| FY2026 | 4,215 | $7743.3M |
Expansions (SBA 504)
5,756loans
$12383.9Mtotal approved
11.8%franchise share
By state (top 15)
Loan size
What is being financed (top industries)
Who finances (top CDCs)
Top bank lenders
Top franchise brands
By fiscal year, FY2020 to FY2026
All loans meeting the same size rule, 504 non-startup. Fiscal years run October 1 to September 30.
| Fiscal year | Loans | Total approved |
|---|---|---|
| FY2020 | 1,294 | $2428.3M |
| FY2021 | 1,934 | $3743.9M |
| FY2022 | 2,200 | $4360.6M |
| FY2023 | 1,636 | $3489.6M |
| FY2024 | 1,713 | $3594.0M |
| FY2025 | 2,076 | $4464.6M |
| FY2026 | 1,967 | $4325.3M |