What is the maximum APR (%) for Aerus financing?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
from one to five years.
The following table summarizes the previous paragraph:
| Item Financed | Asset Purchase, Security Deposit, Initial Fees, Parts and Supplies |
|---|---|
| Initial Payment | At least $2,500 |
| Term (Yrs.) | 1 to 5 years |
| APR (%) | 0% to 7% (or the maximum rate permitted under applicable law, whichever is less) |
| Monthly Payment | Level payments based on an amount financed |
| Prepay Penalty | None, you may prepay all amounts owed without penalty |
| Security Required | Limited Personal Guaranty and perfected security interest in assets purchased under the Standard or Associate Programs. |
| Liability Upon Default | Accelerated balance, late fee equal to 5% of any overdue amount, termination of Franchise Agreement; interest, attorneys' fees and collection costs, foreclosure on secured assets |
| Loss of Legal Right On Default | Waive demand for payment, presentment, protest, notice of protest and non-payment, or other notice of de |
Source: Item 10 — Financing (FDD pages 34–36)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, if Aerus or its affiliates offer financing, the annual percentage rate (APR) will range from 0% to 7%. However, the FDD specifies that the APR will not exceed the maximum rate permitted under applicable law, if that rate is lower than 7%.
This financing may cover initial fees, security deposits, accessories, parts and supplies purchased from Aerus or its affiliates, and the purchase of assets of an existing Aerus business. The term for such financing typically ranges from one to five years. The franchisee is required to sign a secured promissory note, which will be guaranteed by the principals of the franchised business in cases of fraud, theft, or misuse of intellectual property.
Prospective Aerus franchisees should be aware that the availability and terms of financing can vary based on the performance of the Aerus business, the goodwill associated with the location, and the franchisee's creditworthiness. Defaulting on payment obligations may lead to the termination of the Franchise Agreement. It is also important to note that the promissory note is governed by Texas law.