Automotive · lender intelligence

How to finance a Midas in California

State:

The SBA 7(a) lenders funding the most Midas deals in California, from public loan records — typical Midas loan about $405K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Midas in California

$430K

Typical loan

range $205K–$450K

$478K

Est. purchase price

≈ loan ÷ 90%

$63,903

Cash to close

$47,778 down + fees

$5,564/mo

Typical payment

~9.5% · 10yr

$76,783/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

41 days

Typical time to fund

Lenders competing

more = leverage

7.59%

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 Midas in California

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

1.1,296 loans · $1.4B · Wilmington, NCFull record →
2.154 loans · $26M · San Diego, CAFull record →
3.1 loans · $0M · St. Louis, MOFull record →

11+ funded Midas in California 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.

Freedom Automotive CA LLC in Indio, CA — $550K (2026) · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
7.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$413K (75%)
Approved
3/27/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
9
Business age
Existing or more than 2 years old
Industry
General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
INCLINED MECHANICALLY INC. in Fremont, CA — $436K (2026) · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
7.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$327K (75%)
Approval → funding
41 days
Approved
1/15/2026
First disbursed
2/25/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Existing or more than 2 years old
Industry
General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Mechanically Inclined Inc. in Sacramento, CA — $436K (2026) · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
7.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$327K (75%)
Approved
1/16/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Existing or more than 2 years old
Industry
General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Mechanically Inclined Inc. in Carmichael, CA — $100K (2025) · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
120 mo (10 yrs)
SBA guaranteed
$85K (85%)
Approval → funding
44 days
Approved
9/29/2025
First disbursed
11/12/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
3
Business age
Existing or more than 2 years old
Industry
General Automotive Repair
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Always Ready Automotive Corporation in Fremont, CA — $205K (2024) · KeyPoint CU
Program
Preferred Lenders Program
Rate at approval
10.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$154K (75%)
Approval → funding
20 days
Approved
10/13/2023
First disbursed
11/2/2023
Loan status
Past due
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Existing or more than 2 years old
Industry
Specialized Automotive Repair
Funded by KeyPoint CU
Your business? Claim this record · Request removal
H&R Handlers LLC in Modesto, CA — $430K (2023) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
9.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$323K (75%)
Approval → funding
29 days
Approved
6/8/2023
First disbursed
7/7/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
General Automotive Repair
If you were the buyer here
Est. deal size
$478K
Est. down payment (10%)
$48K
Est. cash at closing
$64K
Monthly payment
$5,623
Annual debt service
$67K
Cash flow needed (1.25×)
$84K
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
Midas in Marysville, CA — $4.3M (2022) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
4.95% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.2M (75%)
Approval → funding
19 days
Approved
2/16/2022
First disbursed
3/7/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
26
Business age
Change of Ownership
Industry
Automotive Oil Change and Lubrication Shops
If you were the buyer here
Est. deal size
$4.7M
Est. down payment (10%)
$472K
Est. cash at closing
$653K
Monthly payment
$44,974
Annual debt service
$540K
Cash flow needed (1.25×)
$675K
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
Carmichael Midas in Carmichael, CA — $390K (2022) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
5.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$293K (75%)
Approval → funding
12 days
Approved
5/20/2022
First disbursed
6/1/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
General Automotive Repair
If you were the buyer here
Est. deal size
$433K
Est. down payment (10%)
$43K
Est. cash at closing
$58K
Monthly payment
$4,281
Annual debt service
$51K
Cash flow needed (1.25×)
$64K
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
Bakersfield Midas in Bakersfield, CA — $327K (2021) · First Bank
Program
Preferred Lenders Program
Rate at approval
5.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$294K (90%)
Approval → funding
119 days
Approved
9/3/2021
First disbursed
12/31/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
5
Business age
Existing or more than 2 years old
Industry
General Automotive Repair
Funded by First Bank · Lender record →
Your business? Claim this record · Request removal
RMR Automotive LLC in Orange, CA — $150K (2021) · purchase · CDC Small Business Finance Corp.
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
7.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$135K (90%)
Approved
2/25/2021
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
General Automotive Repair
If you were the buyer here
Est. deal size
$167K
Est. down payment (10%)
$17K
Est. cash at closing
$21K
Monthly payment
$1,761
Annual debt service
$21K
Cash flow needed (1.25×)
$26K
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 CDC Small Business Finance Corp. · Lender record →
Your business? Claim this record · Request removal
Central Vally Auto Experts LLC in Visalia, CA — $450K (2020) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
7% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$338K (75%)
Approval → funding
81 days
Approved
3/11/2020
First disbursed
5/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
2
Business age
Change of Ownership
Industry
General Automotive Repair
If you were the buyer here
Est. deal size
$500K
Est. down payment (10%)
$50K
Est. cash at closing
$67K
Monthly payment
$5,225
Annual debt service
$63K
Cash flow needed (1.25×)
$78K
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

Buying a Midas in California? Start with a lender that funds them here

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CapBench analysis of public SBA 7(a) lending records; ranked by funded Midas loans with a California project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Midas purchase in California with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded California deals. Live Oak Banking Company funds the most here. CapBench is not a lender.

$405K typical Midas loan
4 lenders active in California
11+ funded California deals
41 days typical to fund

Buyers buying a Midas in California typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All Midas lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/midas/california
API:: https://www.capbench.com/api/public/lenders?franchise=midas
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.