What is the minimum initial payment required 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, the minimum initial payment required when financing certain items is $2,500. This financing option, offered by Aerus or its affiliates, can be used for asset purchases, security deposits, initial fees, and the purchase of parts and supplies.
The interest rate on the financed amount will range from 0% to 7% per annum, or the maximum rate permitted under applicable law, with the loan term spanning from one to five years. Payments are structured as level monthly installments based on the amount financed. A significant benefit is that Aerus franchisees can prepay the outstanding balance without incurring any penalties.
To secure the financing, Aerus requires a limited personal guaranty and a perfected security interest in the assets purchased under the Standard or Associate Programs. Defaulting on the loan can lead to serious consequences, including acceleration of the outstanding balance, a late fee equal to 5% of the overdue amount, and potential termination of the Franchise Agreement. Additionally, Aerus reserves the right to pursue interest, attorneys' fees, collection costs, and foreclosure on secured assets in the event of a default.