Beauty & Personal Care · lender intelligence
How to finance a SportClips in Michigan
The SBA 7(a) lenders funding the most SportClips deals in Michigan, from public loan records — typical SportClips loan about $315K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance SportClips in Michigan
$330K
Typical loan
range $260K–$330K
$367K
Est. purchase price
≈ loan ÷ 90%
$49,042
Cash to close
$36,667 down + fees
$4,546/mo
Typical payment
~11% · 10yr
$62,735/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
10 days
Typical time to fund
2
Lenders competing
more = leverage
5.23%
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 SportClips in Michigan
Ranked by funded SportClips loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.328 loans · $134M · Cleveland, OHFull record →
2+ funded SportClips in Michigan 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.
- MVP12 LLC. in Rochester Hills, MI — $330K (2021) · KeyBank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $297K (90%)
- Approval → funding
- 10 days
- Approved
- 4/2/2021
- First disbursed
- 4/12/2021
- Loan status
- Paid in full (1/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 28
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Barber Shops
Funded by KeyBank National Association · Lender record →
Your business? Claim this record · Request removal
- O Cuts, LLC in Hart, MI — $260K (2021) · Wells Fargo Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.2% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $195K (75%)
- Approval → funding
- 2 days
- Approved
- 5/12/2021
- First disbursed
- 5/14/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 24
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Barber Shops
Funded by Wells Fargo Bank National Association · Lender record →
Your business? Claim this record · Request removal
Buying a SportClips in Michigan? 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.
Free · No documents · Usually same-day
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 SportClips loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a SportClips purchase in Michigan with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Michigan deals. KeyBank National Association funds the most here. CapBench is not a lender.
- $315K typical SportClips loan
- 2 lenders active in Michigan
- 2+ funded Michigan deals
- 10 days typical to fund
Buyers buying a SportClips in Michigan 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
- 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.