Franchise · lender intelligence
How to finance a ColorTyme in Rhode Island
The SBA 7(a) lenders funding the most ColorTyme deals in Rhode Island, from public loan records — typical ColorTyme loan about $150K. A bank already funding the brand in your state knows it twice over.
Most active with ColorTyme in Rhode Island
Ranked by funded ColorTyme loans in Rhode Island. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $0M · Smithfield, RIFull record →
1+ funded ColorTyme in Rhode Island 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.
- L & J Leasing LLC in Woonsocket, RI — $150K (2020) · purchase · Navigant CU
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 7% variable
- Term
- 72 mo (6 yrs)
- SBA guaranteed
- $75K (50%)
- Approval → funding
- 45 days
- Approved
- 10/16/2019
- First disbursed
- 11/30/2019
- Loan status
- Paid in full (6/30/2024)
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Consumer Electronics and Appliances Rental
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $2,557
- Annual debt service
- $31K
- Cash flow needed (1.25×)
- $38K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Navigant CU · Lender record →
Your business? Claim this record · Request removal
Buying a ColorTyme in Rhode Island? 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
DealRoom analysis of public SBA 7(a) lending records; ranked by funded ColorTyme loans with a Rhode Island project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a ColorTyme purchase in Rhode Island with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Rhode Island deals. Navigant CU funds the most here. DealRoom is not a lender.
- $150K typical ColorTyme loan
- 1 lenders active in Rhode Island
- 1+ funded Rhode Island deals
- 45 days typical to fund
Buyers buying a ColorTyme in Rhode Island typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.