What is the maximum annual interest rate in California?

According to Aerus's 2025 Franchise Disclosure Document, the maximum interest rate in California is 10% annually. However, Aerus does not offer financing to California franchises. This means that while California law sets a limit on interest rates, it is not directly applicable to Aerus franchisees since they cannot obtain financing directly from Aerus. Prospective franchisees in California will need to explore alternative financing options from third-party lenders if they require financial assistance to start or operate their Aerus franchise. It is important for potential franchisees to be aware of this limitation and plan accordingly when considering their investment.