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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

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

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

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

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