Food & Restaurants · lender intelligence
How to finance a Shane's Rib Shack
The SBA 7(a) lenders funding the most Shane's Rib Shack deals, ranked from public loan records — typical Shane's Rib Shack loan about $982K. A bank that has funded the brand knows the model — faster approvals, better terms.
Deal economics— what it takes to buy & finance Shane's Rib Shack
$982K
Typical loan
range $442K–$982K
$1.09M
Est. purchase price
≈ loan ÷ 90%
$149,619
Cash to close
$109,111 down + fees
$12,707/mo
Typical payment
~9.5% · 10yr
$175,357/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
26 days
Typical time to fund
1
Lenders competing
more = leverage
11.25%
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 Shane's Rib Shack
Ranked by funded Shane's Rib Shack loans. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.168 loans · $205M · Fishers, INFull record →
2+ funded Shane's Rib Shack 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.
- Shane's Rib Shack in Columbus, GA — $442K (2024) · purchase · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $332K (75%)
- Approval → funding
- 26 days
- Approved
- 1/19/2024
- First disbursed
- 2/14/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Full-Service Restaurants
If you were the buyer here
- Est. deal size
- $491K
- Est. down payment (10%)
- $49K
- Est. cash at closing
- $66K
- Monthly payment
- $6,151
- Annual debt service
- $74K
- 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 First Internet Bank of Indiana · Lender record →
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- Shane's Rib Shack in Charlotte, NC — $982K (2023) · First Internet Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $737K (75%)
- Approval → funding
- 4 days
- Approved
- 9/29/2023
- First disbursed
- 10/3/2023
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 72
- Business age
- New Business or 2 years or less
- Industry
- Full-Service Restaurants
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Buying a Shane's Rib Shack? 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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CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to Shane's Rib Shack businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Shane's Rib Shack 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 Internet Bank of Indiana funds the most. CapBench is not a lender.
- $982K typical Shane's Rib Shack loan
- 1 lenders fund the brand
- 26 days typical to fund
Buyers researching a Shane's Rib Shack 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.