Handyman Connection
21
SBA Loans
$2.8M
Total Financed
$134K
Avg Loan Size
+17%
YoY Loan Growth
How Handyman Connection Compares
- Ranks #62 of 294 Home & Repair Services brands by SBA loan count (#511 of 3,543 overall).
- Its average loan of $134K is 24% below the Home & Repair Services median of $177K.
- Its 9.5% charge-off rate compares to a 2.9% average across all Home & Repair Services brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $130K |
| FY2021 | 2 | $300K |
| FY2022 | 4 | $515K |
| FY2023 | 1 | $135K |
| FY2024 | 6 | $903K |
| FY2025 | 7 | $831K |
FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Handyman Connection Is Getting SBA-Financed
Recent SBA-Financed Handyman Connection Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Handyman Connection growing or shrinking?
Handyman Connection's SBA loan count grew +17% year-over-year, suggesting rising financed expansion. This reflects SBA-backed financing activity, not necessarily total unit count -- see the methodology page for what this does and doesn't measure.
How much does it cost to open a Handyman Connection 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 $134K (24% below 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 Handyman Connection?
2 of 21 SBA loans to Handyman Connection franchisees (9.5%) have been charged off since FY2020, compared to 2.9% across all Home & Repair Services brands.
Top SBA Lenders
- United Midwest Savings Bank National Association10
- The Huntington National Bank3
- Readycap Lending, LLC3
- Union Bank2
- Bell Bank2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset