Readycap Lending, LLC Frutta Bowls SBA Loans in New Jersey — 3 Funded
New Jersey loan data 2018–2018 · Updated May 2026
Readycap Lending, LLC has funded 3 SBA loans to Frutta Bowls franchisees in New Jersey, totaling $752K in approved financing across 2 cities.
The average Frutta Bowls loan in New Jersey from Readycap Lending, LLC is $251K at a 7.83% average interest rate, with terms averaging 101 months. The New Jersey default rate is 33.3% based on 3 resolved loans. New Jersey represents 100.0% of Readycap Lending, LLC's total Frutta Bowls lending nationally. These loans collectively support 57 New Jersey jobs. SBA-guaranteed portion totals $564K (75% of approved volume).
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Readycap Lending, LLC is one of 2+ lenders who have funded Frutta Bowls in New Jersey. We can help you compare options and connect with lenders experienced in this brand and state — no retainers, referral fee at closing.
Readycap Lending, LLC Frutta Bowls Loan Performance in New Jersey
Based on 3 SBA loans originated by Readycap Lending, LLC for Frutta Bowls franchisees with New Jersey addresses, the New Jersey-specific lending relationship spans 2018–2018. Of 3 resolved New Jersey loans, 2 were paid in full and 1 resulted in chargeoffs.
The New Jersey loan size range extends from $179K to $300K, indicating Readycap Lending, LLC funds both smaller single-unit Frutta Bowls operations and larger multi-unit or renovation projects in New Jersey. Each loan supports an average of 19 jobs in the local economy, and the portfolio collectively supports 57 New Jersey jobs. Most New Jersey Frutta Bowls loans from Readycap Lending, LLC are classified under "Limited-Service Restaurants" (NAICS).
Recent activity: Readycap Lending, LLC has originated 0 Frutta Bowls New Jersey loans in the last 2 fiscal years. The most recent Frutta Bowls New Jersey approval recorded is from FY2019. Note: lack of recent activity may indicate Readycap Lending, LLC has paused, slowed, or exited Frutta Bowls New Jersey lending — borrowers should verify current appetite directly.
SBA guarantee profile: The SBA-guaranteed portion of Readycap Lending, LLC's Frutta Bowls New Jersey loans averages 75% of approved volume, totaling $564K in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.
The 33.3% New Jersey default rate is above the SBA portfolio average. This may reflect local market conditions, the specific New Jersey cities funded, or the economic cycle when these loans originated. Prospective borrowers should compare this to other New Jersey lenders who have funded Frutta Bowls (shown below) and consider multiple options before committing.
SBA Programs Used for Frutta Bowls Loans in New Jersey
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 3 | $251K | 7.83% | 101 mo |
Frutta Bowls Loan Size Distribution from Readycap Lending, LLC in New Jersey
How Readycap Lending, LLC's Frutta Bowls New Jersey loan sizes break down by deal size. Useful for sizing your own deal: where do most New Jersey Frutta Bowls approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of New Jersey Loans |
|---|---|---|---|
| $150K-$350K | 3 | $251K | 100% |
How Readycap Lending, LLC Originates Frutta Bowls Loans in New Jersey
SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. Readycap Lending, LLC uses 1 different New Jersey delivery methods for Frutta Bowls:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Preferred Lenders Program | 3 | $251K |
Where in New Jersey Readycap Lending, LLC Funds Frutta Bowls Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Bound Brook | 2 | $226K | $452K | 0% — Low Risk |
| Flemington | 1 | $300K | $300K | 100% — High Risk |
Readycap Lending, LLC's strongest Frutta Bowls lending presence in New Jersey is concentrated in Bound Brook (2 loans), Flemington (1 loans).
Readycap Lending, LLC Frutta Bowls Lending in New Jersey Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2019 | 1 | $300K | $300K | 8% |
| 2018 | 2 | $226K | $452K | 7.75% |
Other Lenders That Fund Frutta Bowls in New Jersey
Readycap Lending, LLC is not the only lender funding Frutta Bowls in New Jersey. Compare 1 other banks who have originated Frutta Bowls SBA loans to New Jersey borrowers.
| Lender | New Jersey Loans | Avg Size | Default Rate |
|---|---|---|---|
| Readycap Lending, LLC (this page) | 3 | $251K | 33.3% — High Risk |
| Hanover Community Bank | 2 | $122K | 0% — Low Risk |
Other Franchises Readycap Lending, LLC Funds in New Jersey
Readycap Lending, LLC is active in New Jersey franchise lending beyond Frutta Bowls. Other New Jersey franchise brands they have funded:
How to Get an SBA Loan for a Frutta Bowls Franchise in New Jersey
If you're considering a Frutta Bowls franchise in New Jersey and want to finance through Readycap Lending, LLC or another SBA lender, here's what you need to know based on our analysis of 3 historical New Jersey loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Frutta Bowls's franchise fee and total investment determine minimum capital requirements.
Compare New Jersey Lenders
2 lenders have funded Frutta Bowls in New Jersey. Lenders with more local Frutta Bowls experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches New Jersey borrowers with lenders who have a proven track record funding Frutta Bowls in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on New Jersey historical data: The average Frutta Bowls SBA loan from Readycap Lending, LLC in New Jersey is $251K with a 7.83% interest rate and a 101-month term.New Jersey loan amounts range from $179K to $300K.
Ready to Fund Your Frutta Bowls Franchise in New Jersey?
We connect you with lenders who have already funded Frutta Bowls in New Jersey — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.