Best Choice Roofing
15
SBA Loans
$2.7M
Total Financed
$181K
Avg Loan Size
-75%
YoY Loan Growth
How Best Choice Roofing Compares
- Ranks #84 of 294 Home & Repair Services brands by SBA loan count (#673 of 3,543 overall).
- Its average loan of $181K is 2% above the Home & Repair Services median of $177K.
- With only 15 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2023 | 5 | $753K |
| FY2024 | 8 | $1.7M |
| FY2025 | 2 | $225K |
FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Best Choice Roofing Is Getting SBA-Financed
Recent SBA-Financed Best Choice Roofing Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Best Choice Roofing growing or shrinking?
Best Choice Roofing's SBA loan count fell 75% year-over-year. A decline in SBA financing doesn't necessarily mean the brand is shrinking -- franchisees may be using other financing, or SBA lending patterns may have shifted broadly.
How much does it cost to open a Best Choice Roofing franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $181K (2% above the typical Home & Repair Services brand's $177K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Best Choice Roofing?
Best Choice Roofing only has 15 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.
Top SBA Lenders
- The Huntington National Bank8
- American Bank2
- First Bank of the Lake2
- Zions Bank, A Division of1
- Newtek Small Business Finance, Inc.1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset