SpringHill Suites
The total investment to open a SpringHill Suites franchise ranges from $18,378 to $49,648. The initial franchise fee is $10,000. Ongoing royalties are 10% plus a 3% advertising fee.
What is the SpringHill Suites franchise?
SpringHill Suites is a hotel business offering overnight stays to travelers, with an estimated total initial investment of $18,378 to $49,648. The 2024 Franchise Disclosure Document lists an initial franchise fee of $10,000.
The royalty is 10 percent of sales, and the advertising or brand fund fee is 3 percent. The franchise agreement term is 5 years.
SpringHill Suites was founded and began franchising in 1960.
Loan Activity Score
71/100
SBA Default Rate
0.0%
Active Lenders
36
According to its Franchise Disclosure Document or public business records, SpringHill Suites has 39 locations, all owned by franchisees. Public SBA loan records show 36 lenders made 43 loans to franchisees of SpringHill Suites. PeerSense calculates SpringHill Suites's score as 71 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2024 Franchise Disclosure Document.
Franchising since 1960 · 39 locations
$18,378 to $49,648
$10,000
39
39 franchised
Proprietary PeerSense metric
StrongDistinct lenders in public SBA records for SpringHill Suites
43
Total SBA loans
$4.1M
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for SpringHill Suites
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.3% peer avg
SBA Loans
43
Total Volume
$174.7M
Active Lenders
36
1 selective
States
20
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for SpringHill Suites based on SBA lending data
SBA Default Rate
0.0%
10.3% below peer avg
SBA Loan Volume
43 loans
Across 36 lenders
Lender Diversity
36 lenders
Avg 1.2 loans per lender
Investment Tier
Low cost entry
$18,378 to $49,648 total
Payment Estimator
Estimated Monthly Payment
$190
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
SpringHill Suites, unit breakdown
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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; it does not lend, fund, or approve loans, and 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