What is the maximum interest rate that can be charged in California, relevant 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 provided by Aerus since they do not offer it in California.

This information is relevant to prospective franchisees in California because it clarifies that they will not be able to obtain financing directly from Aerus. Therefore, they will need to explore alternative financing options, such as banks or other lending institutions, to cover the costs associated with starting an Aerus franchise. These external financing options will be subject to California's maximum interest rate laws.

It is important for potential Aerus franchisees in California to consider this when planning their financial strategy. They should research available financing options and understand the terms and conditions, including interest rates, to ensure they can secure the necessary funding to launch their franchise. While Aerus's decision not to offer financing in California might limit options, it also ensures that franchisees are not subject to potentially unfavorable financing terms directly from the franchisor.