Home Instead vs Synergy Homecare
Home Instead vs Synergy Homecare: Home Instead costs $4.3M to $4.3M to open; Synergy Homecare costs $52K to $201K. Home Instead has 625 units, Synergy Homecare has 550. SBA loan history: Home Instead = 445 loans (1.1% default); Synergy Homecare = 77 loans (5.2% 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.
Home Instead vs Synergy Homecare: 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
Synergy Homecare requires the lower minimum capital commitment ($52K vs $4.3M for Home Instead), a 8249% spread. Initial franchise fees come in at $54K for Home Instead versus $53K for Synergy Homecare, Synergy Homecare has the lower entry fee. Ongoing royalty load is 5% for Home Instead and 5% for Synergy Homecare, equal royalty drag.
System Scale & Tenure
On scale, Home Instead operates 625 units to Synergy Homecare's 550. Home Instead has been operating 32 years (founded 1994) versus 25 for Synergy Homecare (founded 2001), a 7-year tenure gap that affects unit-economics maturity and FDD revision history.
SBA Lending Profile
Home Instead has the deeper SBA lending track record, with 445 7(a) approvals compared with 77 for Synergy Homecare. Home Instead's peak SBA year was 2022 (38 loans); Synergy Homecare's peak was 2015 (14 loans). Home Instead's more recent peak generally indicates fresher lender appetite. Home Instead has the most SBA funded units in CA, with 31. Synergy Homecare leads in TX, with 11. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Home Instead deals is $561K vs $268K for Synergy Homecare, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 1.1% for Home Instead and 5.2% for Synergy Homecare, Home Instead has the cleaner SBA loss record by 4.1 points. PeerSense FPI scores come in at 68 (Strong) for Home Instead and 65 (Strong) for Synergy Homecare, giving Home Instead the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 68/100 | 65/100 |
Health Tier | Strong | Strong |
Confidence | N/A | N/A |
Lending Trend | Declining | Declining |
SBA Lending
SBA Loans | 445 | 77 |
SBA Volume | – | – |
Default Rate | 1.1% | 5.2% |
Peer Tier | major | established |
Investment & Costs
Total Investment | $4.3M to $4.3M | $52K to $201K |
Franchise Fee | $54K | $53K |
Royalty Rate | 5% | 5% |
Ad Fund | 2% | 2% |
Liquid Capital | $59K | $50K |
Net Worth Required | N/A | $150K |
Financial Performance (Item 19)
Item 19 Status | Disclosed | Disclosed |
System Size & Operations
Total Units | 625 | 550 |
Franchised Units | 619 | 550 |
Company Owned | 6 | – |
Term Length | 5 yrs | 5 yrs |
Brand Information
Year Founded | 1994 | 2001 |
Franchising Since | 1995 | 2005 |
Years Franchising | 31 yrs | 21 yrs |
Headquarters | Omaha, NE | Tempe, AZ |
Category | Home Health Care Services | Home Health Care Services |
Website | ||
FDD Year | 2026 | 2026 |
Which Is Better, Home Instead or Synergy Homecare?
Lower upfront capital required
Synergy Homecare
Home Instead: $4.3M starting · Synergy Homecare: $52K starting
More SBA lender confidence
Home Instead
Home Instead: 445 SBA loans · Synergy Homecare: 77 SBA loans
Lower SBA default rate
Home Instead
Home Instead: 1.1% · Synergy Homecare: 5.2%
Larger system & brand presence
Home Instead
Home Instead: 625 units · Synergy Homecare: 550 units
Lower ongoing royalty load
Tie
Home Instead: 5% · Synergy Homecare: 5%
More lender financing options
Home Instead
Home Instead: 116 unique lenders · Synergy Homecare: 34 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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Home Instead vs Synergy Homecare: Franchise Funding Comparison
Comparing Home Instead and Synergy Homecare is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $52K to $4.3M.
Home Instead has 445 SBA loans on record and Synergy Homecare has 77. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.
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.
Home Instead vs Synergy Homecare, Frequently Asked Questions
Which is a better franchise investment, Home Instead or Synergy Homecare?
How much does a Home Instead franchise cost compared to Synergy Homecare?
Can I finance Home Instead or Synergy Homecare with an SBA loan?
Which has a lower SBA default rate, Home Instead or Synergy Homecare?
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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