Franchise · lender intelligence

How to finance a Craters & Freighters

State:

The SBA 7(a) lenders funding the most Craters & Freighters deals, ranked from public loan records — typical Craters & Freighters loan about $425K. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance Craters & Freighters

$425K

Typical loan

range $302K–$2.38M

$472K

Est. purchase price

≈ loan ÷ 90%

$63,160

Cash to close

$47,222 down + fees

$5,499/mo

Typical payment

~9.5% · 10yr

$75,886/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

29 days

Typical time to fund

Lenders competing

more = leverage

8.95%

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 Craters & Freighters

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

1.1,296 loans · $1.4B · Wilmington, NCFull record →
2.1 loans · $0M · Midland, TXFull record →
3.2 loans · $1M · Aiken, SCFull record →
4.154 loans · $26M · San Diego, CAFull record →

4+ funded Craters & Freighters 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.

LONGEVITY PARTNERS, INC. in Sacramento, CA — $300K (2025) · CDC Small Business Finance Corp.
Program
Preferred Lenders Program
Rate at approval
10.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$225K (75%)
Approval → funding
29 days
Approved
12/17/2024
First disbursed
1/15/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Startup, Loan Funds will Open Business
Industry
Packing and Crating
Funded by CDC Small Business Finance Corp. · Lender record →
Your business? Claim this record · Request removal
Issabug, LLC in Columbia, SC — $302K (2024) · Security Federal Bank
Program
7a General
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$226K (75%)
Approval → funding
55 days
Approved
4/23/2024
First disbursed
6/17/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
New Business or 2 years or less
Industry
Freight Transportation Arrangement
Funded by Security Federal Bank · Lender record →
Your business? Claim this record · Request removal
SUMIT ENTERPRISES INC in Phoenix, AZ — $2.4M (2023) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.8M (75%)
Approval → funding
24 days
Approved
12/16/2022
First disbursed
1/9/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
30
Business age
Change of Ownership
Industry
All Other Support Activities for Transportation
If you were the buyer here
Est. deal size
$2.6M
Est. down payment (10%)
$264K
Est. cash at closing
$365K
Monthly payment
$29,191
Annual debt service
$350K
Cash flow needed (1.25×)
$438K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
The Bower Group LLC in Kansas City, MO — $425K (2021) · purchase · Community National Bank
Program
7a General
Rate at approval
5.55% variable
Term
84 mo (7 yrs)
SBA guaranteed
$319K (75%)
Approval → funding
2 days
Approved
10/28/2020
First disbursed
10/30/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Navigational Services to Shipping
If you were the buyer here
Est. deal size
$472K
Est. down payment (10%)
$47K
Est. cash at closing
$63K
Monthly payment
$6,117
Annual debt service
$73K
Cash flow needed (1.25×)
$92K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Community National Bank · Lender record →
Your business? Claim this record · Request removal

Buying a Craters & Freighters? Start with a lender that has funded the brand

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

Agent summary

How to finance a Craters & Freighters 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. Live Oak Banking Company funds the most. CapBench is not a lender.

$425K typical Craters & Freighters loan
4 lenders fund the brand
29 days typical to fund

Buyers researching a Craters & Freighters 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 deal Talk to a loan broker Craters & Freighters 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/craters-freighters
API:: https://www.capbench.com/api/public/lenders?franchise=craters-freighters
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.