Friends Place
Franchising since 2005 · 1 locations
Friends Place currently operates 1 locations (1 franchised). PeerSense FPI health score: 38/100.
1
1 franchised
Proprietary PeerSense metric
FairActive 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)
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
Top SBA Lenders for Friends Place
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
Franchise Financing Resources
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
Friends Place — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2021
1 approvals — best year on record for Friends Place.
Top SBA State
Texas
1 SBA-financed Friends Place locations — the densest operator footprint.
Average Loan Size
$259K
Median $259K — use as a sizing anchor when modeling your own $Friends Place unit.
Lender Concentration
100%
Concentrated
Share of Friends Place approvals captured by the top 3 SBA lenders.
Friends Place's SBA lending pipeline peaked in 2021 (1 approvals). The last five fiscal years account for 100% of cumulative volume ($259K approved). Operator density is highest in Texas with 1 SBA-financed locations. Average funded ticket sits at $259K, with the median at $259K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Friends Place — unit breakdown
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