FIRSTLIGHT HOMECARE: how its 73 SBA loans actually performed
Home Health Care Services · 73 units financed with SBA 7(a) loans since 2010 · 23 lenders have funded this brand.
Defaults run above the SBA-wide average
2 of 23 seasoned units charged off — 8.7%, against 5.7% across all SBA 7(a) loans.
How this brand compares
share of owners who defaulted within seven yearsWho lends on it
most active lenders, 2010 onward| Lender | Units funded |
|---|---|
| The Huntington National Bank | 15 |
| United Midwest Savings Bank National Association | 9 |
| Stearns Bank National Association | 8 |
| Live Oak Banking Company | 6 |
| First Bank of the Lake | 4 |
| Newtek Bank, National Association | 4 |
23 lenders have funded FIRSTLIGHT HOMECARE since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
FIRSTLIGHT HOMECARE is a smaller-sample brand: 23 of its SBA loans are old enough to judge (our flagship brands have 60+). The default rate above is a real count, but read it as a signal rather than a verdict — with 23 loans, a handful of outcomes moves the number. We omit the year-by-year breakdowns shown on larger brands, which would be noisy at this size.
Common questions
How many FIRSTLIGHT HOMECARE SBA loans have defaulted?
2 of 23 seasoned FIRSTLIGHT HOMECARE SBA 7(a) loans charged off within seven years — a 8.7% default rate, against 5.7% across all SBA 7(a) loans.
Is a FIRSTLIGHT HOMECARE franchise a safe SBA loan bet?
By the numbers its default rate is above the SBA-wide 5.7% average. That is a financing signal, not a verdict on the business — and with 23 loans it is a smaller sample than our flagship brands.
Which lenders fund FIRSTLIGHT HOMECARE franchises?
23 lenders have made SBA loans to FIRSTLIGHT HOMECARE since 2010, led by The Huntington National Bank.