Everline Coatings And Services vs Top Rail
Everline Coatings And Services vs Top Rail: Everline Coatings And Services costs $75K to $239K to open; Top Rail costs $367K to $543K. Everline Coatings And Services has 54 units, Top Rail has 16. SBA loan history: Everline Coatings And Services = 93 loans (0.0% default); Top Rail = 23 loans (0.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
Everline Coatings And Services vs Top Rail: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Everline Coatings And Services requires the lower minimum capital commitment ($75K vs $367K for Top Rail), a 80% spread. Initial franchise fees come in at $100K for Everline Coatings And Services versus $60K for Top Rail, Top Rail has the lower entry fee. Ongoing royalty load is 6% for Everline Coatings And Services and 5% for Top Rail, giving Top Rail the lighter per-unit drag on operating income.
System Scale & Tenure
On scale, Everline Coatings And Services operates 54 units to Top Rail's 16, roughly 3× the system size. Everline Coatings And Services has been operating 14 years (founded 2012) versus 12 for Top Rail (founded 2014), a 2-year tenure gap that affects unit-economics maturity and FDD revision history.
SBA Lending Profile
Everline Coatings And Services has the deeper SBA lending track record, with 93 7(a) approvals compared with 23 for Top Rail. Everline Coatings And Services's peak SBA year was 2023 (45 loans); Top Rail's peak was 2025 (11 loans). Top Rail's more recent peak generally indicates fresher lender appetite. Everline Coatings And Services has the most SBA funded units in TX, with 16. Top Rail leads in OH, with 4. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Everline Coatings And Services deals is $220K vs $162K for Top Rail, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 0.0% for Everline Coatings And Services and 0.0% for Top Rail. PeerSense FPI scores come in at 72 (Strong) for Everline Coatings And Services and 68 (Strong) for Top Rail, giving Everline Coatings And Services the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 72/100 | 68/100 |
Health Tier | Strong | Strong |
Confidence | N/A | N/A |
Lending Trend | N/A | N/A |
SBA Lending
SBA Loans | 93 | 23 |
SBA Volume | – | – |
Default Rate | 0.0% | 0.0% |
Peer Tier | established | growing |
Investment & Costs
Total Investment | $75K to $239K | $367K to $543K |
Franchise Fee | $100K | $60K |
Royalty Rate | 6% | 5% |
Ad Fund | 2% | 2% |
Liquid Capital | $75K | N/A |
Net Worth Required | $250K | N/A |
Financial Performance (Item 19)
Item 19 Status | Disclosed | Disclosed |
System Size & Operations
Total Units | 54 | 16 |
Franchised Units | 54 | 16 |
Company Owned | – | – |
Term Length | 10 yrs | 10 yrs |
Brand Information
Year Founded | 2012 | 2014 |
Franchising Since | 2017 | 2025 |
Years Franchising | 9 yrs | 1 yrs |
Headquarters | TX | Greenville, SC |
Category | All Other Specialty Trade Contractors | All Other Specialty Trade Contractors |
Website | ||
FDD Year | 2025 | 2024 |
Which Is Better, Everline Coatings And Services or Top Rail?
Lower upfront capital required
Everline Coatings And Services
Everline Coatings And Services: $75K starting · Top Rail: $367K starting
More SBA lender confidence
Everline Coatings And Services
Everline Coatings And Services: 93 SBA loans · Top Rail: 23 SBA loans
Lower SBA default rate
Tie
Everline Coatings And Services: 0.0% · Top Rail: 0.0%
Larger system & brand presence
Everline Coatings And Services
Everline Coatings And Services: 54 units · Top Rail: 16 units
Lower ongoing royalty load
Top Rail
Everline Coatings And Services: 6% · Top Rail: 5%
More lender financing options
Everline Coatings And Services
Everline Coatings And Services: 14 unique lenders · Top Rail: 6 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
Everline Coatings And Services vs Top Rail: Franchise Funding Comparison
Comparing Everline Coatings And Services and Top Rail is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $75K to $543K.
Everline Coatings And Services has 93 SBA loans on record and Top Rail has 23. Those totals are cumulative history rather than a measure of current appetite. There is not enough recent lending activity on record to judge current appetite for at least one of these brands, so it has to be checked deal by deal.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
Everline Coatings And Services vs Top Rail, Frequently Asked Questions
Which is a better franchise investment, Everline Coatings And Services or Top Rail?
How much does a Everline Coatings And Services franchise cost compared to Top Rail?
Can I finance Everline Coatings And Services or Top Rail with an SBA loan?
Which has a lower SBA default rate, Everline Coatings And Services or Top Rail?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman