SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026

Visiting Angels Franchise Failure Rate: 2.0% SBA Loan Defaults (2010–2019 Federal Data)

2.0%
charge-off rate on 49 SBA 7(a) loans to Visiting Angels franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Visiting Angels against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Visiting Angels 2.0%; Home Health Care Services 8.2%; All franchises 10.2%Visiting Angels 2.0%; Home Health Care Services 8.2%; All franchises 10.2%0%2%4%6%8%10%Visiting Angels2.0%Home Health CareServices8.2%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Visiting Angels 2.0%; Home Health Care Services 8.2%; All franchises 10.2%Visiting Angels 2.0%; Home Health Care Services 8.2%; All franchises 10.2%0%2%4%6%8%10%Visiting Angels2.0%Home Health Care Services8.2%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

About 1 in 50 Visiting Angels SBA borrowers failed to repay — well below the Home Health Care Services average of 8.2%.

Between 2010 and 2019, 49 Visiting Angels franchisees financed with SBA 7(a) loans. 1 defaulted — a 2.0% charge-off rate, 0.2x the Home Health Care Services average of 8.2%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Visiting Angels franchise failure rate on SBA loans?

Visiting Angels is a Home Health Care Services franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Visiting Angels franchisees: 49 loans approved between fiscal 2010 and 2019, of which 1 was charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.

How does Visiting Angels compare with other Home Health Care Services franchises?

The table sets Visiting Angels's charge-off rate beside its Home Health Care Services peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable.

Visiting Angels versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureVisiting AngelsHome Health Care ServicesAll franchisesAll SBA borrowers
Default (charge-off) rate2.0%8.2%10.2%8.0%
Loans in sample49
Defaults1
Average loan size$209,133

What has Visiting Angels SBA lending looked like since 2020?

Since 2020, Visiting Angels franchisees have taken 77 new SBA 7(a) loans. 1 has already charged off. Early defaults on loans under six years old are notable — most SBA failures take longer to develop.

Charge-off rate by approval year — share of each fiscal year's Visiting Angels SBA 7(a) loans that later defaulted (FY2010–FY2019); years with fewer than 10 loans are outlined, not filled
Charge-off rate by approval year: FY2011 0% of 4 loans; FY2012 0% of 7 loans; FY2013 0% of 6 loans; FY2014 0% of 4 loans; FY2015 0% of 4 loans; FY2016 0% of 8 loans; FY2017 33% of 3 loans; FY2018 0% of 9 loans; FY2019 0% of 4 loansCharge-off rate by approval year: FY2011 0% of 4 loans; FY2012 0% of 7 loans; FY2013 0% of 6 loans; FY2014 0% of 4 loans; FY2015 0% of 4 loans; FY2016 0% of 8 loans; FY2017 33% of 3 loans; FY2018 0% of 9 loans; FY2019 0% of 4 loans0%5%10%0%2011n=40%2012n=70%2013n=60%2014n=40%2015n=40%2016n=833%2017n=30%2018n=90%2019n=4
Charge-off rate by approval year: FY2011 0% of 4 loans; FY2012 0% of 7 loans; FY2013 0% of 6 loans; FY2014 0% of 4 loans; FY2015 0% of 4 loans; FY2016 0% of 8 loans; FY2017 33% of 3 loans; FY2018 0% of 9 loans; FY2019 0% of 4 loansCharge-off rate by approval year: FY2011 0% of 4 loans; FY2012 0% of 7 loans; FY2013 0% of 6 loans; FY2014 0% of 4 loans; FY2015 0% of 4 loans; FY2016 0% of 8 loans; FY2017 33% of 3 loans; FY2018 0% of 9 loans; FY2019 0% of 4 loans0%5%10%0%’11n=40%’12n=70%’13n=60%’14n=40%’15n=40%’16n=833%’17n=30%’18n=90%’19n=4

Loans approved since 2020, by fiscal year — counts only: 1 has charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 3; FY2021 13; FY2022 15; FY2023 7; FY2024 8; FY2025 15; FY2026 16Loans approved since 2020: FY2020 3; FY2021 13; FY2022 15; FY2023 7; FY2024 8; FY2025 15; FY2026 16320201320211520227202382024152025162026
Loans approved since 2020: FY2020 3; FY2021 13; FY2022 15; FY2023 7; FY2024 8; FY2025 15; FY2026 16Loans approved since 2020: FY2020 3; FY2021 13; FY2022 15; FY2023 7; FY2024 8; FY2025 15; FY2026 163’2013’2115’227’238’2415’2516’26

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2011400.0%
FY2012700.0%
FY2013600.0%
FY2014400.0%
FY2015400.0%
FY2016800.0%
FY20173133.3%
FY2018900.0%
FY2019400.0%
FY20203outstanding
FY202113outstanding
FY202215outstanding
FY20237outstanding
FY20248outstanding
FY202515outstanding
FY202616outstanding

How to read this

A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.

How reliable is this number?

Visiting Angels's figure rests on 49 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the rate is a settled outcome, not a projection. With 49 resolved loans, one default moves the rate by about 2.0 percentage points. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every Visiting Angels figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 49 resolved loans — directional, not precise.

Frequently asked

What is Visiting Angels's franchise failure rate on SBA loans?
Between 2010 and 2019, 49 Visiting Angels franchisees financed with SBA 7(a) loans. 1 defaulted — a 2.0% charge-off rate, 0.2x the Home Health Care Services average of 8.2%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Visiting Angels a safe franchise investment?
Between 2010–2019, Visiting Angels franchisees defaulted on SBA loans at 2.0% versus a 8.2% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Visiting Angels franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 2.0% (1 of 49 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/visiting-angels/ · Data & methodology · Download the dataset (CSV)