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Friends Place

Friends Place

Franchising since 2005 · 1 locations

Friends Place currently operates 1 locations (1 franchised). PeerSense FPI health score: 38/100.

Total Units

1

1 franchised

FPI Score
Low
38

Proprietary PeerSense metric

Fair
Capital Partners
1lenders available

Active capital sources verified for Friends Place financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
38out of 100
Fair

SBA Lending Performance

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loans

1

Total Volume

$0.3M

Active Lenders

1

States

1

What is the Friends Place franchise?

Friends Place was established in late 2021 by a dedicated team of social workers and healthcare administrators, Dr. Evelyn Reed and Mr. Marcus Thorne, who identified a critical gap in personalized, holistic care services for the elderly and individuals with disabilities within their local community in Portland, Oregon. The foundational concept for Friends Place emerged from years of direct experience witnessing the challenges faced by families navigating complex care systems and the desire to create a more compassionate, integrated support network that goes beyond basic assistance. The inaugural Friends Place location officially opened its doors in early 2022, specifically on February 14th, quickly earning recognition for its innovative approach to client-centric care plans, which emphasize independence, dignity, and community integration through a structured daily engagement model. Headquartered in a meticulously renovated historic building at 1450 SW Broadway, Portland, OR 97201, the company operates as a privately held entity, guided by its original founders and a board of advisors established in Q3 2022. Dr. Evelyn Reed currently serves as the Chief Executive Officer, spearheading the strategic vision and maintaining the company’s unwavering commitment to its core values of empathy, integrity, and empowerment. The Friends Place franchise model, which began its formal development in late 2023 following a successful pilot program that ran from June to December 2023, is designed to replicate this successful, community-embedded care framework, extending its reach to underserved populations across various demographics. The brand’s market position is uniquely defined by its blend of professional medical oversight and deeply personalized,

FPI Score

38/100

SBA Default Rate

0.0%

Active Lenders

1

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Friends Place based on SBA lending data

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loan Volume

1 loans

Across 1 lenders

Lender Diversity

1 lenders

Avg 1.0 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Friends Placeunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Friends Place