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Food & Restaurants · lender intelligence

How to finance a Checkers

The SBA 7(a) lenders funding the most Checkers deals, ranked from public loan records — typical Checkers loan about $1.1M. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance Checkers

$1.14M

Typical loan

range $350K–$1.60M

$1.27M

Est. purchase price

≈ loan ÷ 90%

$174,149

Cash to close

$127,000 down + fees

$14,790/mo

Typical payment

~9.5% · 10yr

$204,102/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

23 days

Typical time to fund

16

Lenders competing

more = leverage

7.38%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with Checkers

Ranked by funded Checkers loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

  1. 1.318 loans · $229M · Osage Beach, MOFull record →
  2. 2.1,927 loans · $207M · Buffalo, NYFull record →
  3. 3.72 loans · $30M · Oconomowoc, WIFull record →
  4. 4.101 loans · $81M · Pasadena, CAFull record →
  5. 5.1 loans · $0M · Zebulon, GAFull record →
  6. 6.47 loans · $39M · Greenville, PAFull record →
  7. 7.3,264 loans · $846M · Miami, FLFull record →
  8. 8.42 loans · $48M · Los Angeles, CAFull record →
  9. 9.116 loans · $120M · Evansville, INFull record →
  10. 10.60 loans · $130M · Doraville, GAFull record →
  11. 11.2,539 loans · $965M · Columbus, OHFull record →
  12. 12.103 loans · $64M · Indiana, PAFull record →
  13. 13.62 loans · $21M · Saint Cloud, MNFull record →
  14. 14.75 loans · $98M · Sioux Falls, SDFull record →
  15. 15.1 loans · $0M · Columbus, MSFull record →

22+ funded Checkers deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

  • 6041 OXON HILL INC. in Oxon Hill, MD — $465K (2025) · Centerstone SBA Lending, Inc.
  • FSR MD Corp in Oxon Hill, MD — $1.5M (2024) · East West Bank
  • Checkers #3950 in Houston, TX — $1.5M (2024) · First Bank of the Lake
  • FSR MD Group Inc in Gaithersburg, MD — $1.2M (2024) · East West Bank
  • Checker's in Croydon, PA — $3.0M (2023) · Newtek Bank, National Association
  • MGFM. LLC in Baton Rouge, LA — $2.0M (2023) · First Commonwealth Bank
  • WINTER LEAF NJ LLC in Pennsauken, NJ — $350K (2023) · The Huntington National Bank
  • Checker's in Croydon, PA — $1.9M (2022) · Newtek Small Business Finance, Inc.
  • CHECKERS OF TAMPA in Tampa, FL — $620K (2022) · Bank Five Nine
  • SAI of JACKSONVILLE, LLC in Orange Park, FL — $314K (2022) · United Bank
  • Bookman Commercial Holdings, LLC in Durham, NC — $1.7M (2021) · First Bank of the Lake
  • Synergy Restaurant Group, LLC in Fort Wayne, IN — $1.6M (2021) · Metro City Bank
  • SAI of JACKSONVILLE, LLC in Orange Park, FL — $1.1M (2021) · United Bank
  • CHECKERS OF TAMPA in Tampa, FL — $1.0M (2021) · Bank Five Nine
  • L.A.D. Foods, Inc. in Tuscaloosa, AL — $887K (2021) · BankFirst Financial Services
  • ROGEM DE INC in Wilmington, DE — $311K (2021) · First National Bank of Pennsylvania
  • READING BURGER LLC in Mechanicsburg, PA — $60K (2021) · Manufacturers and Traders Trust Company
  • MKE Burgers, Inc in Milwaukee, WI — $2.7M (2020) · purchase · Old National Bank
  • Checkers in Gonzales, LA — $1.5M (2020) · First Bank of the Lake
  • Maryland Food, LLC in Reisterstown, MD — $956K (2020) · The Bancorp Bank National Association

Buying a Checkers? Start with a lender that has funded the brand

We'll point you to the SBA lenders already financing this brand — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to Checkers businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Checkers purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. First Bank of the Lake funds the most. CapBench is not a lender.

  • $1.1M typical Checkers loan
  • 16 lenders fund the brand
  • 23 days typical to fund

Buyers researching a Checkers typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this dealTalk to a loan brokerCheckers record
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/franchise/checkers
API:
https://www.capbench.com/api/public/lenders?franchise=checkers
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
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