Does 1-800-GOT-JUNK? intend to sell, assign, or discount the financial arrangement to a third party?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not intend to sell, assign, or discount to a third party all or any part of the financial arrangement.
We do not guarantee any debts, leases or other obligations for you. While not obligated to do so, we may, in our discretion, introduce you to third party financing sources that may, if you meet their qualifications, supply financing options for items required as part of the initial investment.
Source: Item 10 — Financing (FDD pages 24–33)
What This Means (2025 FDD)
According to the 2025 FDD, 1-800-GOT-JUNK? does not intend to sell, assign, or discount any part of the financial arrangement to a third party. This means that the financial agreement you have with 1-800-GOT-JUNK? will remain directly between you and them, without being transferred to another entity for collection or management.
1-800-GOT-JUNK? also does not guarantee any debts, leases, or other obligations for the franchisee. However, 1-800-GOT-JUNK? may, at their discretion, introduce prospective franchisees to third-party financing sources that could provide financing options for the initial investment requirements, assuming the franchisee meets their qualifications.
This arrangement is fairly standard in franchising, where the financial relationship typically stays between the franchisor and franchisee. The added possibility of 1-800-GOT-JUNK? providing introductions to financing sources can be a helpful starting point for franchisees seeking funding, but it's important to remember that approval and terms will be determined by the third-party lenders.