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CMIT SOLUTIONS: how its 52 SBA loans actually performed

Other Computer Related Services · 52 units financed with SBA 7(a) loans since 2010 · 21 lenders have funded this brand.

Defaults run at or below the SBA-wide average

1 of 21 seasoned units charged off — 4.8%, against 5.7% across all SBA 7(a) loans.

Units financed
52
SBA 7(a), 2010 onward
Old enough to judge
21
loans at least 7 years old
Defaulted
1
charged off in 7 yrs
Default rate
4.8%
all 7(a) avg 5.7%
Typical loan
$112,500
median approved

How this brand compares

share of owners who defaulted within seven years
CMIT SOLUTIONS
4.8%
Typical franchise brand
3.0%
All SBA 7(a) loans
5.7%

Who lends on it

most active lenders, 2010 onward
LenderUnits funded
United Midwest Savings Bank National Association10
U.S. Bank, National Association5
Stearns Bank National Association5
Readycap Lending, LLC4
Newtek Bank, National Association4
Manufacturers and Traders Trust Company3

21 lenders have funded CMIT SOLUTIONS since 2010. Fewer active lenders means less competition on your rate.

A note on sample size

CMIT SOLUTIONS is a smaller-sample brand: 21 of its SBA loans are old enough to judge (our flagship brands have 60+). The default rate above is a real count, but read it as a signal rather than a verdict — with 21 loans, a handful of outcomes moves the number. We omit the year-by-year breakdowns shown on larger brands, which would be noisy at this size.

Common questions

How many CMIT SOLUTIONS SBA loans have defaulted?

1 of 21 seasoned CMIT SOLUTIONS SBA 7(a) loans charged off within seven years — a 4.8% default rate, against 5.7% across all SBA 7(a) loans.

Is a CMIT SOLUTIONS franchise a safe SBA loan bet?

By the numbers its default rate is below the SBA-wide 5.7% average. That is a financing signal, not a verdict on the business — and with 21 loans it is a smaller sample than our flagship brands.

Which lenders fund CMIT SOLUTIONS franchises?

21 lenders have made SBA loans to CMIT SOLUTIONS since 2010, led by United Midwest Savings Bank National Association.

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