What is the maximum interest rate that can be charged in California, and how does it relate to Aerus?

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 franchisees. This means that while California law sets a limit on interest rates, it is not directly applicable to financing offered by Aerus since they do not provide such financing in California.

This policy could impact prospective franchisees in California who might otherwise rely on financing from Aerus to cover startup costs or other fees. Instead, these franchisees would need to seek alternative funding sources, such as bank loans or private investors. The absence of franchisor financing may make it more challenging for some individuals to become Aerus franchisees in California.

It is important for potential Aerus franchisees in California to consider this lack of direct financing when evaluating the overall cost and feasibility of opening a franchise. They should also inquire with Aerus about any preferred lending partners or other resources that may be available to help secure financing despite Aerus's general policy of not offering it directly in California.