Franchise Failure Rates

SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026

Fedex Franchise Failure Rate: 8.7% SBA Loan Defaults (2010–2019 Federal Data)

8.7%
charge-off rate on 23 SBA 7(a) loans to Fedex franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Fedex against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Fedex 8.7%; Couriers and Express Delivery Services 10.3%; All franchises 10.2%Fedex 8.7%; Couriers and Express Delivery Services 10.3%; All franchises 10.2%0%2%4%6%8%10%Fedex8.7%Couriers and ExpressDelivery Services10.3%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Fedex 8.7%; Couriers and Express Delivery Services 10.3%; All franchises 10.2%Fedex 8.7%; Couriers and Express Delivery Services 10.3%; All franchises 10.2%0%2%4%6%8%10%Fedex8.7%Couriers and Express Delivery Services10.3%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

About 1 in 11 Fedex SBA borrowers failed to repay — below the Couriers and Express Delivery Services average of 10.3%.

Between 2010 and 2019, 23 Fedex franchisees financed with SBA 7(a) loans. 2 defaulted — a 8.7% charge-off rate, 0.8x the Couriers and Express Delivery Services average of 10.3%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Fedex franchise failure rate on SBA loans?

Fedex is a Couriers and Express Delivery Services franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Fedex franchisees: 23 loans approved between fiscal 2010 and 2019, of which 2 were charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.

How does Fedex compare with other Couriers and Express Delivery Services franchises?

The table sets Fedex's charge-off rate beside its Couriers and Express Delivery Services peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable.

Fedex versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureFedexCouriers and Express Delivery ServicesAll franchisesAll SBA borrowers
Default (charge-off) rate8.7%10.3%10.2%8.0%
Loans in sample23———
Defaults2———
Average loan size$117,030———
Charge-off rate by approval year — share of each fiscal year's Fedex SBA 7(a) loans that later defaulted (FY2010–FY2019); years with fewer than 10 loans are outlined, not filled
Charge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 1 loans; FY2012 20% of 5 loans; FY2013 7% of 14 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 1 loans; FY2012 20% of 5 loans; FY2013 7% of 14 loans0%5%10%0%2010n=30%2011n=120%2012n=57%2013n=14
Charge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 1 loans; FY2012 20% of 5 loans; FY2013 7% of 14 loansCharge-off rate by approval year: FY2010 0% of 3 loans; FY2011 0% of 1 loans; FY2012 20% of 5 loans; FY2013 7% of 14 loans0%5%10%0%’10n=30%’11n=120%’12n=57%’13n=14

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010300.0%
FY2011100.0%
FY20125120.0%
FY20131417.1%

How to read this

A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.

How reliable is this number?

Fedex's figure rests on 23 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the rate is a settled outcome, not a projection. With 23 resolved loans, one default moves the rate by about 4.3 percentage points. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every Fedex figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 23 resolved loans — directional, not precise.

Frequently asked

What is Fedex's franchise failure rate on SBA loans?
Between 2010 and 2019, 23 Fedex franchisees financed with SBA 7(a) loans. 2 defaulted — a 8.7% charge-off rate, 0.8x the Couriers and Express Delivery Services average of 10.3%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Fedex a safe franchise investment?
Between 2010–2019, Fedex franchisees defaulted on SBA loans at 8.7% versus a 10.3% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Fedex franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 8.7% (2 of 23 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/fedex/ · Data & methodology · Download the dataset (CSV)