How to finance a Schooley Mitchell in Massachusetts

State:

The SBA 7(a) lenders funding the most Schooley Mitchell deals in Massachusetts, from public loan records — typical Schooley Mitchell loan about $150K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Schooley Mitchell in Massachusetts

$135K

Typical loan

range $50K–$135K

$150K

Est. purchase price

≈ loan ÷ 90%

$19,320

Cash to close

$15,000 down + fees

$1,976/mo

Typical payment

~12.5% · 10yr

$27,269/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

38 days

Typical time to fund

Lenders competing

more = leverage

9.63%

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 Schooley Mitchell in Massachusetts

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

1.3 loans · $2M · Woburn, MAFull record →
2.1,025 loans · $292M · Berkeley Heights, NJFull record →

2+ funded Schooley Mitchell in Massachusetts 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.

Schooley Mitchell of Marlborough in Boxborough, MA — $135K (2023) · Readycap Lending, LLC
Program
Preferred Lenders Program
Rate at approval
11% variable
Term
120 mo (10 yrs)
SBA guaranteed
$115K (85%)
Approval → funding
18 days
Approved
6/23/2023
First disbursed
7/11/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
1
Business age
Startup, Loan Funds will Open Business
Industry
All Other Professional, Scientific, and Technical Services
Funded by Readycap Lending, LLC · Lender record →
Your business? Claim this record · Request removal
SMNE LLC in Westford, MA — $50K (2022) · Northern Bank and Trust Company
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$43K (85%)
Approval → funding
38 days
Approved
9/13/2022
First disbursed
10/21/2022
Loan status
Paid in full (11/30/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
1
Business age
Startup, Loan Funds will Open Business
Industry
Other Management Consulting Services
Funded by Northern Bank and Trust Company · Lender record →
Your business? Claim this record · Request removal

Buying a Schooley Mitchell in Massachusetts? Start with a lender that funds them here

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

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

Agent summary

How to finance a Schooley Mitchell purchase in Massachusetts with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Massachusetts deals. Northern Bank and Trust Company funds the most here. CapBench is not a lender.

$150K typical Schooley Mitchell loan
2 lenders active in Massachusetts
2+ funded Massachusetts deals
38 days typical to fund

Buyers buying a Schooley Mitchell in Massachusetts 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 Schooley Mitchell lenders

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/schooley-mitchell/massachusetts
API:: https://www.capbench.com/api/public/lenders?franchise=schooley-mitchell
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.