Gotcha Covered, by the numbers
Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.
SBA Franchise Directory: listed ✓ (identifier S0735)
38 deals since 2020 · typical deal $150K · 5.26% failure rate
38
Deals since 2020
$150K
Typical deal
9
Deals since FY2025
5.26%
Failure rate (FY20–23)
5.26% of Gotcha Covered's FY2020–23 deals failed — well above typical. Price that risk into your offer and your reserves.
What buyers pay for Gotcha Covered
Most Gotcha Covered deals financed between $115K and $150K. Above $150K, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $2,218
- Down payment (10%)
- $17K
- Cash to close (all-in)
- $21K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$21K)
Experience
Recent financings
- Volk Window Treatments LLC dba Gotcha Covered North Twin Cities in Ramsey, MN — $200K (2026) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable