Fitness & Recreation · lender intelligence
How to finance a K1 Speed
The SBA 7(a) lenders funding the most K1 Speed deals, ranked from public loan records — typical K1 Speed loan about $5.0M. A bank that has funded the brand knows the model — faster approvals, better terms.
Deal economics— what it takes to buy & finance K1 Speed
$5.00M
Typical loan
range $1.98M–$5.00M
$5.56M
Est. purchase price
≈ loan ÷ 90%
$768,681
Cash to close
$555,556 down + fees
$64,699/mo
Typical payment
~9.5% · 10yr
$892,846/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
17 days
Typical time to fund
2
Lenders competing
more = leverage
9.38%
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 K1 Speed
Ranked by funded K1 Speed loans. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
2+ funded K1 Speed 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.
- TRAVERSE RACING LLC in Traverse City, MI — $5.0M (2023) · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% fixed
- Term
- 248 months
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 7 days
- Approved
- 9/27/2023
- First disbursed
- 10/4/2023
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- All Other Amusement and Recreation Industries
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
- VANHOOSER HOLDING'S LLC in Rogers, AR — $2.0M (2023) · California Bank of Commerce, NA
- Program
- Preferred Lenders Program
- Rate at approval
- 10.75% variable
- Term
- 132 mo (11 yrs)
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 17 days
- Approved
- 6/13/2023
- First disbursed
- 6/30/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 21
- Business age
- New Business or 2 years or less
- Industry
- All Other Amusement and Recreation Industries
Funded by California Bank of Commerce, NA
Your business? Claim this record · Request removal
Buying a K1 Speed? 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.
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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 K1 Speed businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a K1 Speed 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. Old National Bank funds the most. CapBench is not a lender.
- $5.0M typical K1 Speed loan
- 2 lenders fund the brand
- 17 days typical to fund
Buyers researching a K1 Speed 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.
- 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.
- 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.